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Do You Need to Make an Estimated Tax Payment by September 17?

Do You Need to Make an Estimated Tax Payment by September 17?

September 6, 2018

September 6, 2018 To avoid interest and penalties, you must make sufficient federal income tax payments long before your April filing deadline through withholding, estimated tax payments, or a combination of the two. The third 2018 estimated tax payment deadline for individuals is September 17. If you don’t have an employer withholding tax from your […]

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BGCLLC Certified Public Accountants Greenville, SC

Employee Spotlight – James Starks

September 4, 2018

“It’s never too late to be what you might have been.” – George Elliot As one of the newer partners at BGC, James oversees the audit department and its day to day functions. He has over twelve years of public accounting experience and is able to put that to use while managing his department. James […]

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Beware of Unexpected Tax Liabilities Under New Accounting and Tax Rules!

Beware of Unexpected Tax Liabilities Under New Accounting and Tax Rules!

September 4, 2018

September 4, 2018 The Tax Cuts and Jobs Act (TCJA) contains a provision that ties revenue recognition for book purposes to income reporting for tax purposes, for tax years starting in 2018. This narrow section of the law could have a major impact on certain industries, especially as companies implement the updated revenue recognition standard […]

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Business Tips for Back-to-School Time

Business Tips for Back-to-School Time

August 29, 2018

  August 29, 2018 Late summer and early fall, when so many families have members returning to educational facilities of all shapes and sizes, is also a good time for businesses to creatively step up their business development efforts, whether it’s launching new marketing initiatives, developing future employees or simply generating goodwill in the community. […]

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Be Aware Of The Tax Consequences Before Selling Your Home

Be Aware Of The Tax Consequences Before Selling Your Home

August 28, 2018

August 28, 2018         In many parts of the country, summer is peak season for selling a home. If you’re planning to put your home on the market soon, you’re probably thinking about things like how quickly it will sell and how much you’ll get for it. But don’t neglect to consider […]

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Identifying and Reporting Critical Audit Matters

Identifying and Reporting Critical Audit Matters

August 27, 2018

  August 27, 2018 For over 40 years, the Securities and Exchange Commission (SEC) has required only a simple pass-fail statement in public companies’ audit reports. But the deadline for mandatory reporting of critical audit matters (CAMs) in audit reports is fast approaching. The revised model will provide insight to help investors and other stakeholders […]

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