BKC HOLIDAY DONATIONS
Thank you to the everyone at BKC who generously donated to the United Way of Hunterdon Holiday Hands and Ranch Hope Giving Tree project.
Thank you to the everyone at BKC who generously donated to the United Way of Hunterdon Holiday Hands and Ranch Hope Giving Tree project.
BKC is currently seeking an experienced full-time Quality Assurance & Audit Manager with potential for some remote. Candidate should have 6+ years of public accounting experience and possess or be proficient with technical expertise in GAAP, GAAS, GAGAS & DOL audits. Individual would be responsible for all phases of audit, compilation and review engagements, and managing staff, Read More…
As we approach year-end, now is the time for individuals, business owners, and family offices to review their 2021 and 2022 tax situations and identify opportunities for reducing, deferring, or accelerating tax obligations. The information contained in this article is based on tax proposals as of November 4, 2021 and is subject to change based Read More…
On Friday November 5th, the US House of Representatives passed the Infrastructure Investment and Jobs Act (H.R. 3684). There are very few tax provisions in this legislation, with more vast changes expected in the upcoming budget reconciliation bill currently under consideration by Congress. Under the new legislation comes the end of the employee retention credit Read More…
Spoiler alert: If it isn’t already, cybersecurity should likely be on your board agenda at every meeting. BDO recently hosted directors and subject matter experts at a regional board roundtables to learn, mentor and network among peers on the topic of ransomware. Here are the top five takeaways from those recent discussions: Increased Risk The global COVID pandemic has created an environment Read More…
View our virtual presentation to learn details regarding the Flexibility Act as it pertains to the PayCheck Protection Program. The Act has provided many positive changes to PPP Loans and there are details to consider in order to make best position your company. View the recorded presentation here. Contact us with specific questions to explore Read More…
On August 8, 2020, President Trump signed an Executive Order, for the Treasury Department to issue guidance related to the deferral of Social Security Taxes, for employees. The deferral will apply to wages that are paid from September 1, 2020 through December 31, 2020. Not all employees will qualify for the payroll tax deferral. Read More…
New Jersey has enacted the “Pass-Through Business Alternative Tax Act” (BAIT). This act creates an election for pass-through entities (PTE’s) to pay New Jersey income tax at the entity level and creates a corresponding individual income tax credit for the members of the PTE’s. This law was passed in response to the Federal Tax Cut Read More…
By Michael Conover The novel coronavirus (COVID-19) crisis has affected all sizes and types of organizations including the nonprofit sector. Regardless of the type of nonprofit, they have been impacted by: forced office closures, dramatic swings (upward or downward) in demand for their services, actual or threatened loss of revenue, budgetary and staff cuts, Read More…
On August 4, 2020, the U.S. Small Business Administration (SBA), in consultation with the Treasury, released frequently asked questions (FAQs), on the Paycheck Protection Program (PPP) related to PPP Loan Forgiveness. The publication is divided into four sections addressing different aspects of the process to determine how much of their loan is forgivable. The following Read More…