Effective 2023, Indiana has increased the state tax credit available for contributions to an Indiana CollegeChoice 529 account. The credit has increased from $1,000 ($500 for married filing separately) to $1,500 ($750 for married filing separately). The credit is equal to 20% of the contributions into a CollegeChoice 529 for the year up to the […]
Two of the region’s fastest-growing CPA and Advisory firms are joining forces, igniting far-reaching opportunities for clients, colleagues, and the community. The combination of Barnes Dennig and Greenwalt CPAs, effective January 1, 2025, creates critical mass in the Indianapolis market for both firms and expands services for clients across all markets. “Clients of both firms will […]
Effective 2023, Indiana has increased the state tax credit available for contributions to an Indiana CollegeChoice 529 account. The credit has increased from $1,000 ($500 for married filing separately) to $1,500 ($750 for married filing separately). The credit is equal to 20% of the contributions into a CollegeChoice 529 for the year up to the […]
2023 Indiana Payroll Withholding Notices Within the last week we’ve had several clients receive payroll tax notices via INTIME from the Indiana Department of Revenue (IDR) and we are alerting you about an issue we’ve become aware of regarding the filing of your Indiana WH-1s. Some clients are receiving notices from IDR stating their 2023 […]
Intuit is making important changes to QuickBooks Desktop subscriptions during 2024. Below we have summarized those changes and listed possible actions to prepare for the upcoming changes. After July 31, 2024, Intuit will no longer sell new subscriptions to new purchasers of the following Desktop products in the US: What is not changing: What actions […]