News

Feb 1
3 min

Secure Act 2.0

The SECURE Act 2.0 was introduced by senators Richard Neal (D-MA) and Kevin Brady (R-TX) in 2020. It aims to build on the previous SECURE ..

Jan 14
1 min

Additional PPP Funding Details

Additional PPP funding is currently available to businesses requesting a PPP loan from a community financial instruction and beginning...

Dec 28, 2020
2 min

Tax Changes under Biden on the Horizon? A few things to consider as the calendar turns to 2021

If new tax law is passed, it is a real possibility that these changes could be made retroactive to January 1, 2021.

Dec 22, 2020
2 min

PPP Loan Expense Deductibility

On Monday December 21, 2020, the House of Representatives and Senate approved the COVID-Related Tax Relief Act of 2020 (COVIDTRA). This act

Nov 20, 2020
3 min

PPP Loan Forgiveness Taxability Update from the IRS

On November 18th, the IRS issued much-awaited guidance clarifying their position regarding the taxability of Payroll Protection Program (...

Jul 21, 2020
2 min

Michigan Small Business Restart Program

Small businesses and nonprofits may apply for grants of up to $20,000, and awardees will be announced no later than September 30th.

Jun 4, 2020
1 min

PPP Extension to 24 Weeks

the Senate approved the House bill that extends the Paycheck Protection Program (PPP) funds usage timeline from 8 weeks to 24 weeks...

Mar 30, 2020
1 min

Coronavirus Emergency Loans - Small Business Guide and Checklist

A major component of the Stimulus package (CARES Act) to provide relief to small businesses is the Paycheck Protection Program (PPP).

Mar 24, 2020
1 min

"Stay Home, Stay Safe" Executive Order (effective 3/24/2020)

Although our physical office will be closed beginning Tuesday, March 24, our team is working remotely to continue to serve you. We have full

Mar 20, 2020
1 min

Updated BKC Office Guidelines (effective 3/23/2020)

Beginning Monday, March 23rd, we have established the following BKC office guidelines until further notice:

Mar 20, 2020
2 min

COVID-19 Resources

Beginning Monday, March 23rd, we have established the following BKC office guidelines until further notice:

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