November 10, 2017 / by Brett Hess / Uncategorized
Happy Birthday to our Marine Corp. and a huge THANK YOU to all Veterans and service members. Thank you for defending this freedom that we so easily take for granted. Thank You that we can wake up each morning to the sounds of nature or city, and not bombs and gunfire. Thank you that we […]
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Happy Thanksgiving
November 21, 2017 / by Brett Hess / Uncategorized
All of us at BMC would like to wish all of you a very Happy Thanksgiving. We are very thankful that you have trusted us with your business.
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Thank You Veterans
November 10, 2017 / by Brett Hess / Uncategorized
Happy Birthday to our Marine Corp. and a huge THANK YOU to all Veterans and service members. Thank you for defending this freedom that we so easily take for granted. Thank You that we can wake up each morning to the sounds of nature or city, and not bombs and gunfire. Thank you that we […]
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Pay attention to the details when selling investments
June 14, 2017 / by Brett Hess / Tax
The tax consequences of the sale of an investment, as well as your net return, can be affected by a variety of factors. You’re probably focused on factors such as how much you paid for the investment vs. how much you’re selling it for, whether you held the investment long-term (more than one year) and […]
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Want to save for education? Make 2017 ESA contributions this year.
January 30, 2017 / by Brett Hess / Tax
There are many ways to save for a child’s or grandchild’s education. But one has annual contribution limits, and if you don’t make a 2017 contribution by December 31, the opportunity will be lost forever. We’re talking about Coverdell Education Savings Accounts (ESAs). How ESAs work With an ESA, you contribute money now that the […]
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What do pottery and accounting have in common?
January 26, 2017 / by Brett Hess / Small Business
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2017 Q1 tax calendar: Key deadlines for businesses and other employers
January 25, 2017 / by Brett Hess / Small Business, Tax
Here are some of the key tax-related deadlines affecting businesses and other employers during the first quarter of 2017. Keep in mind that this list isn’t all-inclusive, so there may be additional deadlines that apply to you. Contact us to ensure you’re meeting all applicable deadlines and to learn more about the filing requirements. January […]
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Deduction for state and local sales tax benefits some, but not all, taxpayers
January 25, 2017 / by Brett Hess / Tax
The break allowing taxpayers to take an itemized deduction for state and local sales taxes in lieu of state and local income taxes was made “permanent” a little over a year ago. This break can be valuable to those residing in states with no or low income taxes or who purchase major items, such as […]
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A brief overview of the President-elect’s tax plan for individuals
December 2, 2016 / by Brett Hess / Uncategorized
Now that Donald Trump has been elected President of the United States and Republicans have retained control of both chambers of Congress, an overhaul of the U.S. tax code next year is likely. President-elect Trump’s tax reform plan, released earlier this year, includes the following changes that would affect individuals: Reducing the number of income […]
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Go Green, Save Green
November 28, 2016 / by Brett Hess / Tax
Tax breaks to purchase efficient energy property and electric vehicles.
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A quick look at the President-elect’s tax plan for businesses
November 23, 2016 / by Brett Hess / Small Business, Tax
The election of Donald Trump as President of the United States could result in major tax law changes in 2017. Proposed changes spelled out in Trump’s tax reform plan released earlier this year that would affect businesses include: Reducing the top corporate income tax rate from 35% to 15%, Abolishing the corporate alternative minimum tax, […]
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