Electronic Communications to Reduce the Spread of COVID-19
The health & safety of our clients and employees is paramount and therefore, BKC has been taking enhanced precautions concerning the spread of Coronavirus (COVID-19). Below, we’ve outlined some options to minimize potential risks as we work towards the upcoming tax deadlines:
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SBA Disaster Assistance in Response to the Coronavirus - Low Interest Loans
In response to the novel coronavirus (COVID-19) pandemic affecting the small business community across the country, the U.S. Small Business Administration (SBA) is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury. Substantial economic injury means the business is unable to meet its obligations and to pay its ordinary and necessary operating expenses. $50 billion in funding has been set aside for the program.
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Relocation of BKC's Flemington office
It is with great pleasure that we announce the move of our Flemington office from 114 Broad Street to the Feed Mill Station building located at 39 Highway 12, Suite 2, Flemington, NJ. The new office is less than 1 mile from our previous location and provides us with state of the art security, additional space for firm growth, and continued conveniences for our clients.
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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
BREAKING DOWN SECTION 4001 OF THE CARES ACT
On March 27, Congress passed the $2 trillion “Coronavirus Aid, Relief, and Economic Security Act” (CARES Act) in order to provide “emergency assistance and health care response for individuals, families and businesses affected by the 2020 coronavirus pandemic.” The largest rescue package in American history, this historic piece of legislation includes a number of programs designed to offset the Read More…
Recent Blog Post
PRESIDENT TRUMP SIGNS INTO LAW CARES ACT
On March 27, 2020, President Trump signed into law the Coronavirus Aid, Relief and Economic Security (CARES) Act, which provides relief to taxpayers affected by the novel coronavirus (COVID-19). The CARES Act is the third round of federal government aid related to COVID-19. We have summarized the top provisions in the new legislation below, with Read More…
