All posts by Jessica Dispensa

BKC CARES COLLECTIONS COMPLETED FOR THE SEASON

Thank you to everyone who contributed to our numerous “BKC Cares” charitable donation campaigns over the winter season.   We recently delivered our Code Blue collection of winter coats for the homeless in Salem County, NJ.  Read more about that collection here. Other collections include Holiday Gifts for the Hunterdon County United Way Holiday Hands initiative Read More…

RETIREMENT SAVINGS TAX DEDUCTIONS

With the loss of several itemized deductions under the new Tax Cuts and Jobs Act (TCJA) for many individuals, taxpayers are wondering where they can still find tax deductions.  One great place is with retirement savings.  The TCJA did not change the rules for retirement savings tax deductions.  In fact, many retirement savings deductions continue Read More…

NEW JERSEY ISSUES GUIDANCE ON ENTITIES INCLUDED IN A COMBINED GROUP AND CLARIFIES THE MINIMUM TAX ON COMBINED GROUP MEMBERS

Summary On January 3, the New Jersey Division of Taxation (Division) issued a technical bulletin, TB-86, which defines the entities included in a New Jersey unitary combined group and clarifies when those entities are also subject to the $2,000 corporation business tax (CBT) minimum tax.  However, TB-86 could present other nexus and apportionment questions for Read More…

BKC COLLECTING COLD WEATHER DONATIONS FOR CODE BLUE

BKC is currently seeking donations to support Salem County’s Code Blue Coalition. A Code Blue alert is declared whenever temperatures drop below the freezing point and weather conditions pose a danger to the homeless population. The Code Blue Alert allows authorities such as police, fire and rescue workers to take homeless people to local shelters or other agencies, Read More…

BKC BUSINESS BREAKFAST SERIES

BKC experts will be presenting in a six part business education series through the Hunterdon County Chamber Foundation Unity Bank Center for Business & Entrepreneurship starting January 23, 2019.  The series includes assorted topics such as tax, fraud and business strategy from the top professionals at BKC each with .  Registration is open for individual sessions at $60 or at Read More…

NEW JERSEY TAX AMNESTY

The New Jersey Division of Taxation has just announced a new tax amnesty program offering the opportunity to file and pay certain tax obligations without penalties and with a reduced interest rate.  The Amnesty program covers tax returns due from February 1, 2009 through September 1, 2017.  The tax amnesty program begins on November 15, Read More…