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Recent Updates

Tax Prepayments in 2017 and Update on Tax Reform

Dec 22 in News Flashes, Tax Info

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 ›

Indiana Tax Rates Changes For 2017

Jan 19 in News Flashes, Tax Info

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 ›

New Filing Deadline for 2016 Forms W-2, W-3, 1096, & 1099-MISC (Box 7)

Oct 31 in News Flashes, Tax Info
Starting in 2017, for the 2016 reporting period, the deadline for filing Forms W-2 and W-3 with the Social Security Administration and Form 1096 and 1099-MISC (Box 7) with the Internal Revenue Service is changing.

Forms W-2 and W-3 

The new due date for filing the 2016 Forms W-2 and W-3 with the Social Security Administration is ... Read More ›

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