Financial Resources & News
Trust, but Verify Part 2
[vc_row][vc_column][vc_column_text] Trust, but Verify Part 2 Our prior post discussed the necessity of monitoring staff activities to reduce the chances of intentional or unintentional errors, or worse, hitting your company. You can probably guess where your company...
Trust, But Verify
Trust, But Verify There is significant debate over whether there is validity to a management style of “trust, but verify”. There is no debating, however, that the old Russian proverb makes sense in considering an entity’s operations. As much as a business owner can,...
The Strategy to Use for Your PPP Loan Forgiveness Process
Do not rush the process but be prepared for the forgiveness and the tax liability that may exist.
Session Overview. Identify the vital elements needed to maximize your loan forgiveness and understand what liability may exist with your PPP loan. We will walk through practical hands on examples of what you will need to do to guide compliance for pursuing forgiveness.
There is an income tax with your PPP loan
There is an income tax with your PPP loan. As of today, any expenditures made with PPP funding is not tax deductible. To give you a quick example of the potential impact let us examine a $250,000 PPP loan. Assuming you followed the rules and properly documented your...
Welcome to Our Newest Partner Mitchell Cohen
Welcome to Our Newest Partner Mitchell Cohen Bronswick Benjamin P.C. is proud to welcome Mitchell Cohen as one of the newest additions to our team. He joins the firm as a new Partner and will participate in the overall growth of the firm. Mitchell’s experience lies in...
Jeff Bronswick of Bronswick Benjamin P.C. named “Managing Partner Elite” by Accounting Today Magazine!
Jeff Bronswick of Bronswick Benjamin P.C. named "Managing Partner Elite" by Accounting Today Magazine! Accounting Today, the national magazine for senior public accounting and tax professionals, just announced the list of the top 2018 Managing Partners. Bronswick...
Bronswick Benjamin Promotes Four Professionals to Senior Accountant
Bronswick Benjamin is pleased to announce the promotion of four of our professionals: Kiran Amlani, Dylan Creger, Elizabeth Hoffman and Susan Bruce will transition into their new roles as Senior Accountants. These promotions are very well deserved. All four team...
Meals and Entertainment Clarification
Meals and Entertainment Clarification By David Thompson & Caleb Lendy The Tax Cuts and Jobs Act (TCJA), passed in December of 2017, presented many notable changes to the individual income tax. From nearly doubling the standard deduction, to adding new limitations...
We are pleased to announce the promotion of Christine Reed to Operations Supervisor!
Bronswick Benjamin is pleased to announce the promotion of Christine Reed to Operations Supervisor. Christine has made a tremendous impact on Bronswick Benjamin since she joined the firm 5 years ago. She finds solutions to improve client service through the use of...