BKC Expands with Merger of Hodakowski & Hodakowski, CPAs
We are very pleased to announce the expansion of BKC, CPAs, PC with the merger of Hodakowski & Hodakowski CPA’s. The combined firm will continue as BKC, CPAs, PC with offices in Flemington and Woodstown, NJ. Hodakowski & Hodakowski, CPAs is an established Flemington, NJ based accounting firm, serving clients for over 50 years. BKC and Hodakowski share a long history of quality accounting, tax and business consulting services, with exceptional technical ability, and superior client service. The combined firm will excel with our relationship driven approach and deep understanding of our client’s ...Click here for more info >
Employers, Are You Leaving Money on the Table?
Congress expanded the eligibility for companies to claim the Employee Retention Tax Credits (ERC). The CCRA, 2021 now allows businesses that received a Paycheck Protection Program Loan (PPP) to also qualify for the ERC.Click here for more info >
Should You Be Concerned About Inflation?
The larger question is whether these price increases are temporary, caused by factors such as supply-chain issues and labor shortages that will be resolved as the economy continues to emerge from the pandemic, or whether they indicate a fundamental imbalance that could cause widespread long-term inflation and hold back economic growth.Click here for more info >
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.Click here for more info >
RECENT TAX TIDBIT
SBA ANNOUNCES CHANGES TO THE EIDL PROGRAM
On September 8, 2021, the SBA announced major changes to the Economic Injury Disaster Loan (EIDL) Program. New COVID EIDL policy changes include the following: Maximum loan cap increased from $500,000 to $2 million Use of funds was expanded to include payment and pre-payment of business non-federal debt incurred at any time (past or future) and Read More…
Recent Blog Post
PRESIDENT BIDEN’S DISASTER DECLARATION FOR NEW JERSEY AND NEW YORK
On September 1, 2021 New Jersey and New York were hit with the remnants of Hurricane Ida, which caused catastrophic damages in the state of Louisiana a couple of days prior. Some portions of New Jersey and New York received excessive storm damage due to flooding and tornadoes. On September 2nd, President Biden approved an Read More…