latest indiana business property tax update:
Recent legislative changes have significantly altered the approach to Indiana’s business personal property tax exemption for 2025.
Here’s what you need to know now:
KEY LEGISLATIVE UPDATE:
- The previously announced $1 million exemption threshold for the 2025 assessment year has been repealed. The exemption threshold for 2025 remains at $80,000 per county in acquisition cost.
- The exemption will jump to $2 million per county for the 2026 assessment year and beyond, as originally planned.
- If your clients filed a 2025 business personal property tax return before April 15, 2025 and claimed the now-repealed $1 million exemption, they must file an amended return by May 31, 2025 to remain compliant with the law.
- The phase-out of the “30% floor” on depreciation for new equipment placed in service after January 1, 2025, remains in effect.
Contact Baden Tax Management today to ensure you're positioned for compliance—and savings.

October 28, 2025
If your team manages business personal property taxes across multiple states, you already know how heavy that lift can be. Gathering fixed-asset data, tracking deadlines, and meeting each jurisdiction’s rules isn’t a quick annual project. It’s a year-round grind that pulls focus from higher-value work. At some point, every large organization asks the same question: Does it still make sense to manage property tax compliance in-house, or is it time to bring in a partner? Outsourcing doesn’t mean giving up control. It means gaining capacity, accuracy, and confidence in your filings without growing headcount.

By Baden Tax Management
•
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