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The Internship

As we grow and enter college the idea of an internship is always at the back of our minds. I remember my advisor telling me “It’s not needed but it’s…

Peri Ceasri, Dec 13, 2022

Proposed Accounting Standards Update (ASU)

The Financial Accounting Standards Board (FASB) has issued a Proposed Accounting Standards Update (ASU) related to Accounting Standards Codification (ASC) Topic 842 Leases.  Specifically, the proposed ASU would address common…

Noli Snobar, Dec 11, 2022

2022-2023 Tax Planning Guide

Tax planning may be a real challenge this year. Minimizing taxes is never easy. But in times of legislative and economic uncertainty, it can be a real challenge. To take…

Chris Allen, Dec 9, 2022

2021-2022 Tax Planning Guide

After the tumultuous year that was 2020, “uncertainty” remains the watchword in 2021, especially when it comes to tax planning. The shift of political control in Washington and the evolving…

Chris Allen, Nov 9, 2021

BFBA earns a spot in the “Top 50 Construction Accounting Firms” for the 3rd year in a row

BFBA is honored for the 3rd consecutive year in a row to be recognized in the  Construction Executive Magazine as one of the The Top 50 Construction Accounting Firms™ and…

Jennifer Stephens, Aug 17, 2021

Podcast: How to Structure And Execute A Transition To The Next Generation

Transitioning a company you have founded on blood, sweat, tears, and cash to the next generation is not easy. It requires a combination of clear planning, and bloody minded persistence…

Eric Anderton, Jun 3, 2021

President Biden Details His Tax Proposals For Individuals

President Biden’s proposals for individual taxpayers were outlined in the April 28 address to Congress and in an 18-page fact sheet released by the White House. The American Families Plan…

BFBA, May 6, 2021

Employee Retention Credit 2.0

The Employee Retention Credit (ERC) was created as part of the CARES Act.  At that point, the credit could only be claimed if a paycheck protection program (PPP) loan was…

Greg Scott, Mar 25, 2021

Employee Retention Credit

Prior to 2021, your business had to experience a decrease in revenue of over 50% in order to qualify for the credit. The new rules for 2021 only require a…

Ken Astle, Jan 29, 2021

Meals and Entertainment Expenses

The Tax Cuts and Jobs Act of 2017 significantly changed the rules related to the deductibility of meal and entertainment expenses. Generally, business entertainment expenses (not including food and beverage…

Patricia Faith, Jan 8, 2021
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  • The Internship
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  • 2022-2023 Tax Planning Guide
  • 2021-2022 Tax Planning Guide
  • BFBA earns a spot in the “Top 50 Construction Accounting Firms” for the 3rd year in a row
  • Podcast: How to Structure And Execute A Transition To The Next Generation
  • President Biden Details His Tax Proposals For Individuals

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