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BKC Understands

In today's fast-paced business climate, BKC is known as the CPA firm that takes the time to understand each client's business, mission, industry, goals and unique challenges. BKC stands apart with a relationship-driven approach, working with each client as a true strategic partner to achieve success.

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Recordkeeping Requirements

Tax day always seems to be just around the corner, and if you are like many people, your home office is littered with receipts, bills, letters for charities, W-2's, 1099's, and so on. Now is the time to take control & get organized! Learn what you should keep or shred.

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BKC Joins BDO Alliance USA

BKC has joined the BDO Alliance USA, a nationwide association of independently owned local and regional accounting, consulting and service firms with similar client service goals. As an independent member of the BDO Alliance USA, BKC expands their services offered.

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RECENT TAX TIDBIT

TAX TIDBIT: EARLY DISTRIBUTION FROM QUALIFIED PLANS & IRA’S

Funds deposited into qualified retirement plans, such as 401(k) plans and pension plans, and into traditional IRA’s are intended for retirement purposes.  As a result, the IRS generally imposes a 10% excise tax penalty (in addition to paying regular tax on the amount of the distribution) from distributions from either type of plan prior to Read More…

Recent Blog Post

Is your Business Compliant with Form 1099 Requirements?

The requirements for preparing and filing information returns, such as Forms 1099 and W-2, apply to all businesses, including owners of rental properties.  Current IRS Regulations require that information returns be issued to all non-corporate businesses that provide goods or services, to your business or rental activity, aggregating $600 or more during the year.  The Read More…