Federal Tax Updates: Congress Eyes Sweeping Tax Overhauls As Budget Battle Heats Up

With 2025 shaping up to be a monumental year for tax policy, Congress is knee-deep in negotiations over a tax-heavy budget resolution that could redefine large portions of the TCJA and other key provisions.

Federal Tax Updates: TCJA Expirations, Legislation, IRS Overhaul & Other Recent Developments

As tax policy unfolds, staying proactive will be key for financial leaders in Indiana. Here’s what to know that could impact corporate and individual tax planning strategies.

7 Ways to Prepare for DOL’s Overtime Rule That Could Require You to Pay Your Employees A LOT More

This rule impacts CPAs both as employers (i.e., you may need to increase the salaries of your managers) and as trusted advisors to your client to alert them regarding this important development.

DOR Reminder: Do Not Manually Modify or Misuse Old Tax Forms

Do not manually change any part of a tax form issued by the Indiana Department of Revenue — including the year — as this will not apply your intended information and/or payment to the correct year and/or potentially the correct taxpayer.

12/18 Advocacy Alert: Tell Congress to Extend Jan. 1, 2024 Effective Date for BOI Reporting Requirements

Tell Congress to extend the Jan. 1, 2024 effective date for Beneficial Ownership Information (BOI) reporting requirements.

INCPAS & AICPA Coalition contact Congress in support of 2 bills to delay implementation of Beneficial Ownership Reporting Requirements

​INCPAS calls on federal legislators to support two bills that would delay the start date for the Beneficial Ownership Information (BOI) reporting requirement.

INCPAS Calls on Indiana Members of Congress to Support IRS Authority to Suspend Additional Notices

INCPAS calls on Indiana members of Congress to support IRS authority to temporarily suspend additional notices.

Press Release: INCPAS Signs Joint Letter Calling for K-2/K-3 Extension & Penalty Relief

INCPAS signs joint letter calling for K-2/K-3 extension and penalty relief.

1/20 Advocacy Alert: Tell Congress to Provide Tax Filing Relief Measures

We are asking members of Congress to support these tax filing relief measures for the upcoming tax season.