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BKC Named in Top 50 Accounting Firms in NJ

BKC, CPAs is honored to be ranked on NJBIZ 2019 Top 50 Accounting Firms. NJBIZ is a New Jersey business journal, which produces a weekly print edition with a circulation of more than 15,000 copies, as well as providing 24/7 business news coverage...

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Recordkeeping

Are you're wondering how long you should you keep your tax records? It depends. Generally, you must keep records that support an item of income or deductions on a tax return until the statute of limitations for that tax return runs out. The statute of limitations is the period of time in which you can amend your tax return to claim a credit or refund, or that the IRS can assess additional tax. However,

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BKC Business Series

BKC experts will be presenting in a six part business education series through the Hunterdon County Chamber Foundation, Unity Bank Center for Business & Entrepreneurship. The Spring series includes assorted topics such as tax, fraud and business strategy from top professionals. Register today!

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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

OWE TAXES? MAKE PAYMENT ARRANGEMENTS NOW

If you owe taxes on your 2018 tax return, the due date to make the payment is Monday, April 15. Miss this deadline by just one day and the IRS will charge you interest and penalties! Don’t risk adding unnecessary dollars to your tax bill. Review the payment options below and make a plan now Read More…

Recent Blog Post

IRS EXPANDS PENALTY WAIVER; THRESHOLD LOWERED TO 80%

IRS expands penalty waiver for those whose tax withholding and estimated tax payments fell short in 2018; key threshold lowered to 80 percent. IR-2019-55, March 22, 2019 WASHINGTON — The Internal Revenue Service today provided additional expanded penalty relief to taxpayers whose 2018 federal income tax withholding and estimated tax payments fell short of their total Read More…

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