Client service. It has been the guiding principle of Babush, Neiman, Kornman & Johnson, LLP for half a century.

At BNKJ, we offer the capabilities of smart, thinking people with great depth from their years of experience. Yet, we maintain a hands-on approach to provide the highest level of service possible. Partners maintain day to day personal relationships providing expertise and individual attention, not only to clients, but to their professional advisors as well. We have worked hard to build a practice where we know the business of our clients – recognizing opportunities and issues, offering advice and adding value.

Quality, responsiveness and integrity best describe the tax, assurance and management advisory services we provide.


SunTrust Bank’s Chief Economist Gregory Miller recently spoke at the BNKJ Economic Update in Atlanta. Click here for a copy of his presentation.

Click here for the 2012/2013 Tax Planning Guide.

BNKJ recently distributed a summary of the American Taxpayer Relief Act of 2012. Click here to view.

Click here for the Social Security and Medicare Tax Rates.

What is this "fiscal cliff" everyone keeps talking about?

The Health Care and Education Reconciliation Act of 2010 ("The Act") added I.R.C. section 1411 to the tax code, signed into law on March 30, 2010 but not effective until tax year 2013.

The Act imposes a 3.8% tax on certain individuals, estates and trusts.

Click here for a summary, examples and a list of key terms, prepared by BNKJ partner Dick Babush.

Please contact your BNKJ representative or Dick Babush for any questions you may have regarding this legislation at 770-261-1900 or info@bnkj.com

As always, we will be sure to keep you abreast of any changes and/or updates in tax laws and other regulations that may affect you, your family or your business interests.

Dear Clients and Friends,

As in past years, we would like to share with you a few reminders and pointers regarding changes in tax laws and other information that we hope will be helpful to you when completing forms as an employer, filing returns for 2012, and preparing for 2013. Click here to view.
  
In addition, we have included a form that should assist you in reconciling your payroll tax returns to your general ledger and W-2s.

We are getting you this information now because we think it is important to have a few weeks to incorporate this information prior to year end, but please note that at this time there are still many rates that have not been announced by the Internal Revenue Service (IRS). We are closely monitoring the announcements of the 2013 numbers and will update our website accordingly as rates are released.

Included in that section of our website is our annual checklist for other annual tax forms such as 1099s and business licenses. We have active links to the IRS website which indicate how to obtain IRS forms. If you are not sure if you are required to file certain taxes, or need any tax forms or other instructions, please let us know. 

Please let your BNKJ representative know if any questions arise, and we will be sure to keep you abreast of any changes and/or updates in tax laws and other regulations that may affect you, your family or your business interests.

HELPFUL FORMS


BNKJ VOLUNTEERS!

BNKJ recently held its periodic Volunteer Day, this time helping to beautify the Reading Garden near the Sandy Springs Library, just over a mile from BNKJ’s office.

We will be holding Volunteer Days in the future at this location to help maintain the garden.

On January 3, 2013, President Obama signed into law the American Taxpayer Relief Act (H.R. 8) (ATRA).

The individual provisions include legislation related to

  • Income Tax Rates
  • Personal Exemptions
  • Itemized Deductions
  • Capital Gains/Dividends
  • Permanent AMT Relief
  • Estate, Gift and GST Taxes
  • Cancellation of Indebtedness on Principle Residence
  • Mortgage Insurance Premiums
  • IRA Distributions to Charity

The business provisions include legislation related to

  • Sec 179 Small Business Expensing
  • Bonus Depreciation
  • Research Tax Credit

Click here for BNKJ's full summary of the American Taxpayer Relief Act of 2012, prepared by BNKJ partner Dick Babush.

As previously indicated, the above tax provisions are not all inclusive of the provisions contained in the Act. There are many more provisions dealing with various education credits, energy credits, child and dependent care credits and business tax extenders. We look forward to the opportunity to assist you in planning for these tax changes.

Please contact your BNKJ representative or Dick Babush for any questions you may have regarding this legislation at 770-261-1900 or info@bnkj.com


RESOURCES FOR 2013

Our friends at Kilpatrick Townsend put together a nice piece on how to deal with (or avoid) the IRS this year. Click here for the article.


BNKJ—PROUD TO BE BULLDOG 100 RECIPIENTS THREE YEARS IN A ROW

 


 


About BNKJ

 

 
Proud Members of the American Institute of Certified Public Accountants (AICPA) and the AICPA Employee Benefit Plan Quality Center
 
BNKJ is proud to have been a founding sponsor and 21 year supporter of the Kennesaw State University Cox Family Enterprise Center. Congratulations to KSU, Coles College of Business, which Fortune Small Business named one of the six best places in the United States for family business education.

 
Babush, Neiman, Kornman & Johnson, LLP (BNKJ, LLP)
Certified Public Accountants and Consultants
5909 Peachtree Dunwoody Road, Ste 800 | Atlanta, GA 30328
Tel 770-261-1900 | www.bnkj.com

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Teri Cloud at tcloud@bnkj.com or 770-261-1900.

If you are a fisherman (either for real or at heart!) then we have a hook for you! Click here for the "BNKJ Angler"