As a new semester begins we want to take the opportunity to remind you of some of the education tax credits that might be available to you this year. The American Opportunity Tax Credit (AOTC) is available for the
For Company-sponsored retirement plans which have a hardship distribution or participant loan features, please make sure you take the appropriate steps in obtaining documentation to pass IRS scrutiny. Under IRS guidance, it is the responsibility of the plan sponsor
Indiana School Scholarship Credit As Indiana begins a new fiscal year on July 1, they have again opened up donations for the School Scholarship Tax Credit. These credits are available to individuals and corporations that make donations to qualified Scholarship-Granting
Tennessee recently passed the Revenue Modernization Act which attempts to make out-of-state businesses “pay their fair share of taxes” and help Tennessee-based businesses. This legislation will impact anyone who is doing business with Tennessee. Notable changes include: The creation
MILLENNIAL SHOPPING HABITS and WHAT THEY MEAN FOR RETAIL BUILDING OWNERS By Stuart Eisenberg, Assurance Partner at BDO USA, LLP Millennials – those born roughly between 1980 and 2000 – are changing the face of retail. They have a combined purchasing power of $2.45 trillion worldwide
Brewing good beer is a science, but brewing great beer is an art. Barrel aged beer is usually done on a small scale and can start with a single cask. It’s impossible to determine how the beer will react –
On July 31, 2015, President Obama signed into law H.R. 3236, the “Surface Transportation and Veterans Health Care Choice Improvement Act of 2015.” This Act provides a three-month extension, through Oct. 29, 2015, of the general expenditure authority for
Please note a few law changes that Indiana Department of Revenue has implemented: Effective Jan. 1, 2016, the sales tax exemption for agricultural machinery, tools, and equipment is expanded to include material-handling equipment purchased for transporting materials into such
A youthful audience: 49% of Millennials say that craft beer appeals to them. Industry growth: Indiana has gone from 63 breweries in 2013 to 98 today, while craft beer sales nationally rose 17.2% in 2013. Local love: 40% of GenX’ers
It is a fact that the primary purpose of a tax law is to raise revenue. It is also true that lawmakers use tax laws to encourage or discourage a particular behavior. Tax incentives can be used to encourage
Elderly taxpayers have many Indiana tax advantages available to them. First, an elderly taxpayer must determine whether or not they are required to file an annual income tax return. The first step in determining whether an individual needs to
Growing season is in full swing, and according to the latest hop report, growth in market product is expected. While Indiana is known for corn, there is “more than corn in Indiana” as the saying goes, and Indiana hop farms
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