All posts by Jessica Dispensa

PLANNING TO DEDUCT FOR LOSSES THIS TAX SEASON? BE SURE TO READ THE FINE PRINT.

Deducting losses is a high-priority item for taxpayers in the highest marginal income tax bracket. The topic will be especially relevant during the 2022 tax compliance season because of recent declines in the stock market and a challenging overall business environment. With that said, you shouldn’t assume that every business operating loss or capital loss Read More…

IRS ISSUES 2023 STANDARD MILEAGE RATES

On Thursday, December 29th, the Internal Revenue Service issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes.                                Beginning on Jan. 1, 2023, the standard mileage rates for the use of a car (also vans, pickups or panel trucks) will be:  Read More…

6 MISTAKES MANUFACTURERS MAKE DURING POST-MERGER INTEGRATION

Manufacturers leave value on the table by failing to properly integrate acquisitions. Although 2021 was a record year for M&A, many of those deals have not reached their full potential. According to the 2022 BDO Manufacturing CFO Outlook Survey, 31% of manufacturers say recent deals have failed to achieve expected synergies. Manufacturers who have completed acquisitions in Read More…

INSTITUTIONAL DATA STEWARDSHIP: PROACTIVE MEASURES FOR ADDRESSING RISKS AND CREATING VALUE

Institutional data can be one of a college or university’s greatest assets. Institutions with a focused commitment to the integrity and maintenance of their data – and a strategy for efficiently communicating it to external stakeholders – can enhance their reputations, drive fundraising, increase student recruitment and retention, and diminish operational risks. What Qualifies as Read More…

HAPPY HALLOWEEN FROM BKC!

Wishing everyone a fun & safe Halloween!   Here at BKC we had lots of laughs showcasing our creativity with our fun costume & workspace decorating contests!  Interested in joining our awesome team at BKC?  Learn more about career opportunities here. Read more BKC firm news here.