Springline Advisory Announces Strategic Investment in BGBC Advisory, LLC

DALLAS, January 25, 2024 — Springline Advisory, a contemporary business advisory platform, is proud to announce its strategic investment in BGBC Advisory, LLC, an accounting and advisory firm based in Indianapolis, renowned for its comprehensive range of services including assurance, tax, and specialized consulting. Kyle Simmerman, Managing Partner at BGBC, expressed his enthusiasm for the…

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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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2022 YEAR-END TAX PLANNING FOR INDIVIDUALS

With rising interest rates, inflation and continuing market volatility, tax planning is as essential as ever for taxpayers looking to manage cash flow while paying the least amount of taxes possible over time. As we approach year end, now is the time for individuals, business owners and family offices to review their 2022 and 2023…

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