Blog

TAX TIDBIT: BUSINESS MEALS & ENTERTAINMENT

Most business people who incur expenses relating to “entertaining” clients are familiar with the phrase “T&E” (travel and entertainment).  However, for income tax purposes, the proper phrase should be “M&E” (meals and entertainment).  That is because while business travel is generally fully deductible to the business or to the individual incurring the expense, meals and Read More…

TAX TIDBIT: HEALTH SAVINGS ACCOUNTS

With the advent of the Affordable Care Act, many small business owners and their employees who don’t have conventional health care coverage through their spouse’s employer are looking for affordable health care plans.  To save premium dollars, many of these business owners opt for high deductible health plans.  The IRS provides tax benefits for such Read More…

BKC WELCOMES CHERYL KEAY

Bedard, Kurowicki & Co., CPA’s welcomes Cheryl Keay to their administrative team. Cheryl attended Rutgers University and has over 20 years of professional experience.  Cheryl’s responsibilities at BKC include benefits administration, internal bookkeeping, payroll administration, collections and more.  Cheryl and her two sons are residents of Flemington, NJ.  Cheryl also serves as a Board Member Read More…

TAX TIDBIT: DEDUCTION FOR CHARITABLE VOLUNTEER WORK

Many individuals who are active volunteers for charities may not be aware that there are tax deductions available for their unreimbursed out-of-pocket expenses incurred while acting as a volunteer.  These tax deductions are considered to be cash charitable contributions.  They include the following: Away-from-home travel expenses while performing services for a charity, such as airfare, taxis, Read More…

BKC COLLECTS SHOES TO FIGHT POVERTY

 Attention anyone with a closet:  Those shoes you no longer want are desperately needed to fight the human tragedy of global poverty.  That’s the message being delivered by Bedard, Kurowicki & Co., CPA’s (BKC), who has launched their second drive to collect 50 pairs of shoes to help the poor.  Used and new shoes can Read More…

QUICKBOOKS TRAINING 2014

Many organizations use QuickBooks software, but don’t fully understand or utilize all of the features available.  At this informative seminar, we will teach you ways that your software can be customized to generate reports specific to your business, make the preparation of your tax returns and financials easier, and provide reports that are meaningful for Read More…