Ind. Senate Republicans: State Sen. Scott Baldwin Authors Legislation To Provide Tax Relief To Small Businesses
January 12, 2023
January 12, 2023
INDIANAPOLIS, Indiana, Jan. 12 -- The Indiana Senate Republicans issued the following news release:
State Sen. Scott Baldwin (R-Noblesville) recently filed a bill to provide tax relief to Indiana small businesses.
Senate Bill 2 would change state tax law so that LLCs and S Corps can deduct all state tax payments on federal tax returns, resulting in what could be $50 million in federal tax savings for Hoosier small businesses.
"One of my primary goals i . . .
State Sen. Scott Baldwin (R-Noblesville) recently filed a bill to provide tax relief to Indiana small businesses.
Senate Bill 2 would change state tax law so that LLCs and S Corps can deduct all state tax payments on federal tax returns, resulting in what could be $50 million in federal tax savings for Hoosier small businesses.
"One of my primary goals i . . .