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HAPPY THANKSGIVING FROM EVERYONE AT BKC

Special greetings from BKC to express how grateful we are for your continued business, confidence and loyalty. Wishing you Good Health, Happiness, Peace & Prosperity this Thanksgiving.

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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). Read more about alternative communication options to minimize potential risks as we work towards the upcoming tax deadlines:

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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

IRS RELEASES GUIDANCE ON PPP LOAN PROCEEDS

On November 18, 2020, the IRS released Revenue Ruling 2020-27, which outlines the treatment of the loan proceeds that a business expects to be forgiven.  Prior to the release of this Revenue Ruling, businesses expected to expense 100% of their business expenses, that were covered by the PPP Loan, on their 2020 tax returns and Read More…

Recent Blog Post

R&D TAX CREDIT FAQS FOR LARGE AND SMALL BUSINESSES

The federal R&D tax credit benefits large and small companies in nearly every industry. Common questions and answers related to the R&D tax credit and those specific to small businesses are outlined below. What is the R&D tax credit? Created in 1981 to stimulate research and development (R&D) in the United States, the R&D tax credit is Read More…

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