Pass-Through Entity Tax Election Update

Indiana passed legislation in 2023 that provides a potential Federal tax savings opportunity to Indiana taxpayers who own a pass-through entity filing as an S-Corporation or a Partnership. Starting for the 2022 tax year, business owners were able to take advantage of this opportunity on their businesses’ state tax returns through the Pass-Through Entity Tax…

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BGBC Appoints Adam Krupp as New Chief Operating Officer and General Counsel

BGBC CPAs and Advisors announces that former Indiana revenue commissioner Adam Krupp has been appointed as Chief Operating Officer and General Counsel. An experienced business leader, Krupp will support the continued growth of the firm by providing elevated operational and strategic support. Throughout Krupp’s rich career path, he has had measurable impacts on the companies…

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Indiana Governor signs Tax Savings Bill

Pass Through Entity Tax Election Today Indiana Governor Eric Holcomb signed Senate Bill 2 into law which provides a Federal tax savings opportunity to Indiana taxpayers who own a pass-through entity filing as an S-Corporation or a Partnership. The opportunity is called the Pass Through Entity Tax election (PTET). We were thoroughly engaged in Senate…

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