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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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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 replaces substantially all existing U.S. Generally Accepted Accounting Principles (GAAP) on this topic.

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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

DEDUCTIBLE BUSINESS MEAL EXPENSES

The 2017 Tax Cuts and Jobs Act changed the law to deny income tax deductions for entertainment, amusement, or recreation expenses.  However, the Act did not directly address the deductibility of business meals at the time of enactment.  In response to this confusion, the IRS has issued interim guidance about the deductibility of business meals, 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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