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Happy Holidays from BKC

Everyone at BKC wishes you peace, joy and prosperity for 2019. Thank you for your continued support and partnership. We hope you enjoy a beautiful holiday season, with good health and happiness this new year!

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New Jersey Tax Amnesty

The new tax amnesty program offers the opportunity to file and pay certain tax obligations without penalties and with a reduced interest rate for tax returns due from February 1, 2009 through September 1, 2017. The tax amnesty program ends January 15, 2019, at which time an additional 5% non-abatable penalty will apply.

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Revenue Recognition Readiness Guide

The Financial Accounting Standards Board (FASB) and the International Accounting Standards Board (IASB) issued converged guidance on recognizing revenue in contracts with customers. These replace U.S. Generally Accepted Accounting Principles (GAAP) on this topic.

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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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RECENT TAX TIDBIT

NEW JERSEY TAX AMNESTY

The New Jersey Division of Taxation has just announced a new tax amnesty program offering the opportunity to file and pay certain tax obligations without penalties and with a reduced interest rate.  The Amnesty program covers tax returns due from February 1, 2009 through September 1, 2017.  The tax amnesty program begins on November 15, Read More…

Recent Blog Post

DARLENE SHAFFER PRESENTING AT 10/23 NJ COLLABORATIVE LAW GROUP

Darlene Shaffer, CPA/ABV/CFF/PFS, CVA, Principal at BKC, CPAs, will be presenting “The Tax Cuts and Jobs Act Legislation Impact on Alimony” at the October 23rd New Jersey Collaborative Law Group’s breakfast meeting hosted by Norris, McLaughlin & Marcus, P.A. This presentation will: Cover significant changes to taxation of alimony effective January 1, 2019 under the Read More…

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