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Articles for November 29, 2006.
 Umbaugh's News  
EXECUTIVE PARTNER RECOGNIZED  

Gary Malone was recently selected as the 2006 Outstanding CPA in Public Practice by the Indiana CPA Society.

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NOTICE OF FINAL BUDGET RECOMMENDATIONS (THE 1782 NOTICE)  


The Department of Local Government Finance (“DLGF”) is required annually to provide taxing units with a Notice of Final Budget Recommendation (more commonly referred to as the 1782 Notice).  The 1782 Notice is a preliminary budget determination.  It is not a final budget certification.  Taxing units are required to respond to the 1782 Notice by the deadline stated on the Notice. Legislation passed in 2006 extended the response deadline from seven to fourteen days and allows taxing units to make budget revisions in its response. 

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Patent Pending

CIRCULAR 230 DISCLOSURE:

To ensure compliance with recently-enacted U.S. Treasury Department Regulations, we are now required to advise you that, unless otherwise expressly indicated, any federal tax advice contained in this communication, including any attachments, is not intended or written by us to be used, and cannot be used, by anyone for the purpose of avoiding federal tax penalties.

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