BKHM Blog

Bitcoin and Virtual Currencies Federal Taxation

Posted by BKHM CPAs on Fri, Jan 05, 2018 @ 01:01 PM

What is Bitcoin?

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Social Security Administration Announces Small Increase in 2018 Wage Base

Posted by BKHM CPAs on Tue, Dec 12, 2017 @ 09:31 AM

The Social Security Administration (SSA) announced on Friday that the maximum amount of wages in 2018 subject to the 6.2% Social Security tax (old age, survivor, and disability insurance) will rise from $127,200 to $128,400, an increase of a little more than 1%. By comparison, the 2017 wage base increased more than 7% over the 2016 wage base.

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IDEAS for Us Event

Posted by BKHM CPAs on Thu, Dec 07, 2017 @ 04:19 PM

Brad Beemer and Kylan McNemar attended the IDEAS for US event - From Chris Castro - I’m still reflecting on the “Building A Sustainable Orlando” event hosted by IDEAS For Us yesterday for #GivingTuesday...250+ community leaders, supporters, and partners came together to celebrate the work and collective impact that IDEAS for Us has led in #Orlando and around the World for nearly a decade.

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Tax Cuts and Jobs Act - Tax Briefing

Posted by BKHM CPAs on Mon, Nov 13, 2017 @ 11:02 AM
Senate Republicans released a tax reform plan on November 9, 2017.  Like the House GOP bill - the "Tax Cuts and Jobs Act" (HR 1) - the Senate GOP plan would impact virtually every individual and business on a level not seen in over 30 years.  As with any tax bill, however, there would be "winners" and "losers."  Both the House GOP bill and Senate GOP plan call for lowering the individual and corporate tax rates, repealing countless tax credits and deductions, eliminating the alternative minimum tax (AMT), enhancing the child tax credit, boosting business expensing and more - Click Here to read the full briefing.
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Topics: Tax Cuts and Jobs Act

Social Security Announces Small Increase in 2018 Wage Base

Posted by BKHM CPAs on Tue, Oct 17, 2017 @ 10:14 AM

The Social Security Administration (SSA) announced on Friday that the maximum amount of wages in 2018 subject to the 6.2% Social Security tax (old age, survivor, and disability insurance) will rise from $127,200 to $128,700, an increase of a little more than 1%. By comparison, the 2017 wage base increased more than 7% over the 2016 wage base.

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Kylan McNemar Appointed to Opera del Sol Board of Directors

Posted by BKHM CPAs on Tue, Oct 10, 2017 @ 11:20 AM
Kylan McNemar has been appointed to the new Opera del Sol Board of Directors.  

We are Opera Del Sol, a breakout immersive production company in Central Florida. Our mission is to change the way we experience opera, and performance art by creating curated, conceptual productions in unexpected places.

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Disaster Tax Relief Bill Signed Into Law

Posted by BKHM CPAs on Mon, Oct 09, 2017 @ 09:36 AM

In a Statement of Administration Policy, the White House explained that HR 3823 would “provide targeted tax relief for taxpayers impacted by  Hurricanes Harvey, Irma and Maria. In addition to supporting these tax relief measures, the administration will submit further requests to the Congress for supplemental funding in the near future, and looks forward to working with Congress to enact these recovery measures into law.”

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URGENT Need for Volunteers to Help Pack for Puerto Rico

Posted by BKHM CPAs on Tue, Oct 03, 2017 @ 10:39 AM

OVER 30,000 Volunteers Needed!

Open shifts starting this Friday.

We are in urgent need for thousands of volunteers to help package 4.4 million meal kits for hurricane victims in Puerto Rico. The Orlando Cares Hope for Puerto Rico disaster relief project is a month-long event that will take place at the Orange County Convention Center. The meal kits are being shipped directly to FEMA for immediate distribution to the children and families devastated by the storms this year.

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Topics: volunteer

CCH Federal Tax Weekly - September 21, 2017

Posted by BKHM CPAs on Thu, Sep 21, 2017 @ 11:09 AM
Click Here to read the latest edition of the Federal Tax Weekly
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Topics: Federal Tax Weekly

Hurricane Irma Update - IRS Gives Additional Extension to File for Most of Florida

Posted by BKHM CPAs on Fri, Sep 15, 2017 @ 10:37 AM

IRS gives tax additional extension of time to file for most of Florida.

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Topics: Hurricane, Extension