The “Tax Cuts and Jobs Act” was approved by Congress on December 20, 2017 and signed into law by President Trump on December 22, 2017. This sweeping tax reform act will bring many changes to individuals as well as businesses and is effective as of January 1, 2018.
One of the changes that will affect many ... Read More ›
The Indiana Department of Revenue recently announced that effective January 1, 2017, the state adjusted gross income tax rate for individuals has been reduced to 3.23% from 3.3%.
Additionally, the local income tax rate imposed by a county is now the same for residents and non-residents. Prior to January 1, 2017, non-residents working in a specific ... Read More ›