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Congress Passes Landmark Tax Bill; Key Provisions Highlighted

It wasn’t a short or easy journey, but sweeping tax reform has been enacted! The U.S. tax code has not been updated since 1986. The House of Representatives, for example, has been working on comprehensive tax reform since January 2011. Over the last nearly seven years, there have been 41 House Ways and Means Committee tax reform hearings and [...]

2017-12-20T13:07:48+00:00 December 20th, 2017|

Some Puzzling State Revenue Numbers

The Indiana State Budget Agency released the revenue collections report for October. The overall collections for the fiscal year now stand 2.8% ($136 million) below projections; not good, but not critical at this juncture. The troubling numbers for the revenue watchers are the corporate tax collections. They were down again this month and are now at 52% below the [...]

2017-11-20T14:48:27+00:00 November 20th, 2017|