Tag Archives: CPA

INFLATION REDUCTION ACT BECOMES LAW

President Biden signed the Inflation Reduction Act into law at a White House ceremony on August 16, finalizing a legislation intended to address inflation by paying down the national debt, lower consumer energy costs, provide incentives for the production of clean energy, and reduce healthcare costs.  The bill moved through the legislative process in near-record Read More…

BKC EMPLOYEES BEAT THE HEAT

BKC Employees Break the Heatwave, Channeling Cool Vibes with Frozen Hot Chocolates, Festive Fruit Salad & Other Treats for “Christmas in July”! #bkccpas #beattheheat #christmasinjuly #bestplacestowork2022 #bkcwealth   Read more BKC Firm News here. Explore Career Opportunities with BKC here.

PENNSYLVANIA CHANGE TO IRC SECTION 179 DEDUCTION & IRC SEC 1031 LIKE-KIND EXCHANGES

Pennsylvania Personal Income Tax has made updates to their provisions regarding IRC Sec 179 expense deduction and IRC Sec 1031 Like-Kind Exchanges. These changes will be applicable for property placed in service and like-kind exchange transactions occurring after December 31, 2022. What is the change to the Sec 179 expense deduction? Currently Pennsylvania limits the Read More…

CONGRATULATIONS ALEX KLEINERT ON MBA

Congratulations to Alexander P. Kleinert, Staff Accountant at BKC, CPAs, on earning his Master of Business Administration from Shippensburg University of Pennsylvania.  Alex previously received his Bachelor of Science in Business Administration, Major Accounting from Shippensburg and has been with BKC since 2020.  Read more BKC Firm News here. Learn more about Careers at BKC, Read More…