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Reinstatement of Expired Federal Tax Deductions

After the government shutdown and Congress approval, on February 9th, the President signed the Bipartisan Budget Act of 2018 which includes reinstatement of alot of tax deductions for 2017 that were originally expiring.

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BKC & BDO Alliance USA

BKC is an independent member of the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. This alliance allows us to better service our clients with greater flexibility, efficiency and cost-effectiveness.

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Forensic Accounting

At BKC, our expert professionals have years of forensic accounting experience, with specific certification & trainning to gather evidence, analyze and prepare reports which may be used at criminal or civil proceedings for damages, or as leverage in settlement negotiations. Contact us to discuss your specific situation.

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RECENT TAX TIDBIT

TAX REFORM AND SECTION 199A DEDUCTION OF QUALIFIED BUSINESS INCOME OF PASS-THROUGH ENTITIES

Summary   On Friday, December 22, President Trump signed sweeping tax reform (the “Act”) into law. The Act provides the most comprehensive update to the tax code since 1986 and includes a number of provisions of particular interest to partnerships and their partners. This alert addresses the Section 199A deduction for qualified business income of pass-through Read More…

Recent Blog Post

GOV MURPHY PROPOSED SCHOOL AID INCREASE, OR NO DECREASE

Governor Murphy’s proposed 18/19 budget message was released March 15, 2018.  It calls for an increase in State “formula” aid for school districts by $283.6 million. Under this funding plan, more than 94% of districts will receive additional state aid and no districts would see a decrease in aid.  A summary of the Governor’s funding Read More…

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