The Internal Revenue Service has released a midyear report to Congress that details a significant backlog of tax returns dating back to the end of tax filing season, and many of those returns have yet to be processed. While backlogs are not unusual, this year’s is far greater than in previous years.That’s bad news for those…
The Indianapolis-based CPA and advisory firm BGBC Partners, LLP is pleased to announce the following promotions. Caleb Williams has been promoted to Assurance Manager. Mary Davis, Bethany Neese, and Karla Tugan have been promoted to Supervisor. Cassandra Hummer, Makylie Siples, Shanyn Reed, and Shelly Courtney have been promoted to Senior.
Generate cash from your past and future investments to develop or improve software. Is Your Technology Company Eligible? Which Activities Qualify for the R&D Tax Credit?
The Indianapolis-based CPA and advisory firm BGBC Partners, LLP is pleased to announce the addition of Bianca Wade and Marion Antwi-Ninkyi. Bianca joins BGBC as a Staff Accountant in Client Accounting Services. Bianca was originally inspired to go into accounting as a child. She would count the offering in Sunday School, and was motivated by…
For too long, the rate of technology adoption across the legal industry has lagged far behind innovation. As datasets grow larger and litigation costs rise, it’s critical for legal professionals to embrace the innovations that facilitate better outcomes. Lawyers have a professional obligation to possess a functional understanding of the benefits of legal technology for…
The Indianapolis-based CPA and advisory firm BGBC Partners, LLP is pleased to announce the addition of Sable Tearman and Galib Hossain. Sable Tearman joins BGBC as a Staff Accountant. She is a recent graduate of IUPUI where she received a Bachelors of Science in Accounting from the Kelley School of Business with a minor in…
The two most common reporting standards used by companies around the world are Generally Accepted Accounting Principles in the United States of America (US GAAP) and International Financial Reporting Standards (IFRS). While US GAAP is local, IFRS has been adopted by over 144 counties in Europe, South America, and Asia. A key difference between the…
The Biden Administration’s American Families Plan and other tax proposals may complicate the tax landscape for high-income earners. Many of the proposals target taxpayers earning more than $400,000 per year. The American Families Plan proposals include: Increasing the top marginal income tax rate to 39.6% for households making over $400,000; Taxing long-term capital gains at…
BGBC Partners, LLP was recently awarded the Spirit United Award by United Way of Central Indiana. The Spirit United is the most prestigious company award from United Way of Central Indiana. Created in 2007, Spirit United celebrates companies that have consistently supported, advocated for and generously donated to United Way. Winners are chosen by a…
By: Jim Plomer, Managing Director, Transaction Advisory Services I Clark Sackschewsky, National Natural Resources Leader Renewable energy is taking off. Governments, regulators, investors and consumers worldwide are shifting their focus toward renewable energy in an effort to fight climate change and increase sustainability. As a result, there are many new entrants to the scene—AngelList has…