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…
Employers can provide up to $5,250 annually in tax-free student loan repayment benefits per employee through 2025. This benefit, originally included in the Coronavirus Aid, Relief and Economic Security (CARES) Act enacted in March 2020, was for calendar year 2020 only but was extended for an additional five years by the Consolidated Appropriations Act, 2021…
BGBC Partners, LLP is pleased to announce their inclusion on the Indianapolis Star’s 2021 Top Workplaces list. This is BGBC’s fourth consecutive year as an IndyStar Top Workplace. The firm was also recognized with the New Ideas Award, as the top company that encourages new ideas. This is the second time BGBC has received this…
By: Robby Vanrijkel COVID-19, the economy and political shifts have resulted in tumultuous times for many nonprofits. Organizational resilience depends heavily on securing funding, and organizations are seeking out new ways to engage with donors to ensure they have the resources needed to continue their missions. Successful nonprofits understand that maintaining these relationships is imperative…
On April 28, 2021, President Biden introduced the American Families Plan to a joint session of Congress. The plan confirms previous statements from the Biden administration, indicating that it would propose tax increases on wealthy households and tax breaks for low- and middle-income families. The $1.8 trillion plan consists of $1 trillion in investments and…
Client Accounting Services Director, David Richardt, sits down with Jon Slusser and Nathan Maude to discuss Accounting 101 for small business owners. Check out the full catalog of Small Business Never Sleeps episodes from the Indiana Small Business Association.