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.
Triton Central graduate part of IU coaching staff at Rose Bowl
New Smart SNAP regulations to begin January 1
Class 3A, No. 7 Shelbyville advances to semifinal round of Wettig Tournament
Santa Protectors - Shelbyville to receive more than $2,800 from Centra Members
Rep. Greene recognized for Statehouse efforts by autism advocacy groups
Ray Allison named next executive director of the Indiana State Fair Commission
Another record-breaking season at Horseshoe Indianapolis
