Small-business owners are among the hardest-working Hoosiers in our state, and State Senator Mike Bohacek said in a recent release, “I want to do my part in supporting them.”
The senator continued, “That's why I voted in favor of Senate Bill 2 last week, which would level the playing field to allow small businesses to qualify for the same federal tax deductions that larger corporations already receive.” This change could amount to $50 million in federal tax savings for Indiana businesses.
In 2021, Indiana set a record for the most business filings in a year at 94,670 and was recently named the No. 1 state to start a business in 2023 by Forbes.
Senator Bohacek said, “Small businesses are the backbone of our communities, and I believe offering this targeted tax relief would make Indiana an even greater destination for small businesses and start-ups.”
To learn more, click here.
Gov. Braun issues available SNAP benefits, State prepared to distribute full amount once available
IDOH approves Union - Regional hospital merger
Cleaning up Greencastle priority for Dunbar, Rout
Winter Weather Advisory issued
Clovers look to take Sectional title away from Sheridan
Eagles look to soar to sectional crown
Riverton Parke looks to get over sectional hump
