Indiana Surplus Refund
Hoosiers will see a total refund worth $545.3M when they file their 2021 state tax returns next year. Per Indiana state law, if Indiana’s reserves are [...]
Clean Energy for America Act (CEAA) – Tax Reform
The Joint Committee on Taxation released on June 17, 2021, its Technical Explanation of the Clean Energy for America Act (CEAA) which passed the Senate Committee [...]
Advanced Child Tax Credit Payments to Begin July 15, 2021
The American Rescue Plan (“ARPA”) raised the maximum child tax credit in 2021 to $3,600 for each qualifying child under the age of 6 and $3,000 for [...]
Kentucky Eliminates Composite Returns for Nonresident Individuals
For tax years beginning on or after January 1, 2022, a pass-through entity will no longer [...]
Governor DeWine Signs Tax Conformity Legislation Bill, Reduces Nonresident Withholding Rates
On March 31, 2021, Governor Mike DeWine signed Senate Bill 18 into law. The bill was [...]
American Rescue Plan of 2021 Enacted into Law Includes Numerous Tax Law Changes
On March 11, 2021, President Biden signed into law the $1.9 trillion American Rescue Plan Act [...]
Tax Deadline Extended for 2020 Individual Tax Returns
Federal The Treasury Department and the IRS announced on March 17, 2021, that individuals may file their 2020 tax [...]
California Legislature Considering Multiple Tax Bills
With the newly elected legislature sworn in last month, two highly controversial bills from the previously legislature [...]
Tax Deadline Extended for 2020 Individual Tax Returns
Federal The Treasury Department and the IRS announced on March 17, 2021, that individuals may file their 2020 tax [...]
California Legislature Considering Multiple Tax Bills
With the newly elected legislature sworn in last month, two highly controversial bills from the previously legislature [...]
Hamilton County, Ohio Accepting SBA Applications Soon
Hamilton County, Ohio announced on Friday, May 8, in a COVID-19 related press conference that it will [...]
Tax Extension FAQs from the AICPA
The AICPA recently released a two-page FAQ document outlining what it means when your CPA says you [...]
Eric Ginter Rejoins MMB as a Tax Manager
MMB CPAs & Advisors is excited to welcome Eric Ginter back to our firm in the position [...]