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Topics covered on this page
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Employers
Sales Tax Exemption
529 Plan
Info & Checklists
Mileage Rates
Charitable Contributions
Section 179
Credit Cards
Social Security Admin
Feed the Pig

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Employers

You must get a new W-4 (available here):
* Every new hire
* Annually
* Change of withholding request
IN requires that you report all new hires (information here)
You must maintain up to date posting of employee information
* You do not need to purchase those posters that come in the mail
- free posters are available at government sites
Indiana Employer Posting Requirements
Federal Employer Posting Requirements
- we will provide what you need for very small fee

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Indiana Sales Tax Exempt Certificate: ST-105

Anyone wishing to purchase items subject to sales tax without paying sales tax must provide a ST-105 to the vendor. Blanket ST-105's need to be renewed annually.

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Standard Business Mileage Rates

2019 - 58.0 cents
NOTE: 20 cents per mile driven for medical
14 cents per mile driven for charitable organizations

History Leason:
2018 - 54.5 cents 2017 - 53.5 cents 2016 - 54.0 cents
2015 - 57.5 cents 2014 - 56 cents 2013 - 56.5 cents
2012 - 55.5 cents
2011 - 51 cents (1/1 - 6/30) 2011 - 55.5 cents (7/1 - 12/31)
2010 - 50 cents 2009 - 55 cents

529 Plan - $1,000 refundable Indiana credit

* MUST BE AN INDIANA PLAN
* No income limitation
* $1,000 per year
* Withdrawals immediately available for qualified expenses
******Beginning in 2018 - $10,000/year can be used for qualified home schooling related expenses

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Handy Info Sheets & Checklists
If no link is available, please call our office.
‚Äč765-349-8272

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Non-Cash Charitable Contributions

Clothing & household goods must be in good or better condition
Valuation guidelines for household and clothing

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Section 179 Dollar Limitation

2018 - $1,000,000 (autos have special guidelines) The new law also expands the definition of section 179 property to allow the taxpayer to elect to include the following improvements made to nonresidential real property after the date when the property was first placed in service:
  • Qualified improvement property, which means any improvement to a building's interior. However, improvements do not qualify if they are attributable to:
    • the enlargement of the building,
    • any elevator or escalator or
    • the internal structural framework of the building.
  • Roofs, HVAC, fire protection systems, alarm systems and security systems.
These changes apply to property placed in service in taxable years beginning after Dec. 31, 2017.

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Social Security Administration: SSA

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