How Long Should You Keep Old Tax Records?

This is a common question: How long must taxpayers keep copies of their income tax returns and supporting documents?Generally, individuals should hold on to their income tax records for at least 3 years after the due date of the return to which those records apply. However, if the original return was filed later than the…

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BGBC Announces Promotions

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.

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BGBC Welcomes New Hires

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…

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BGBC Welcomes New Hires

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…

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Planning For The Unknown: Preparing For Potential Tax Increases Under The Biden Administration

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…

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United Way Awards BGBC with the Spirit United Award

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…

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