In response to the coronavirus pandemic, Treasury Secretary Steven Mnuchin announced on Tuesday, March 17th, that the Trump Administration is granting an additional 90 days to pay taxes owed, without any interest or penalties. Individuals can defer up to $1 million dollars of tax liability and corporations up to $10 million in tax liability.
The filing ... Read More ›
On Friday, December 20, 2019, the “Further Consolidated Appropriations Act, 2020” (FCAA) was signed into law by President Trump. In addition to containing a number of necessary spending provisions to keep the federal government from shutting down, the FCAA contains eight bills including the extension of expiring health programs and tax provisions.
Following are some of ... Read More ›
The Indiana Department of Revenue has rolled out a new website called INTIME. Starting September 3, 2019 all Indiana-based non-profits, corporations, partnerships, etc. will need to register for INTIME. Rollout 1 (September 3, 2019) includes tax types for: Aircraft Dealer, Aircraft Excise, C Corporation, S Corporation, Partnership, Financial Institution, Non-Profit and Utility Receipts. Individual filers ... Read More ›