BHCB is excited to welcome a number of new employees as we start the new year. Thomas Minard, Antonio Proscino and Michael Abrahamian joined the BHCB family at the beginning of this year. We were also happy to welcome Daniel Horvath back in October. All will be working in our Tax Department. Welcome Tom, Antonio, […]
Crypto Investors: Loss Deductions, Regulation and Oversight There have been three recent developments in the cryptocurrency arena: 1. Loss tax deductions for FTX investors. Investors with inaccessible assets tied up in cryptocurrency exchange FTX Trading Ltd. will need to wait until court proceedings conclude before learning if loss tax deductions will be available. FTX filed […]
This month, we are remembering our friend, Harry Zinn, who we sadly lost in December. Harry was with the firm since 2004 and was not only a successful leader in the company, but a dear friend to many. The Fairfield office will not be the same without him. Our BHCB family will think of Harry […]
Every year, the amounts allowed for various federal tax benefits are subject to change based on inflation adjustments and legislation. Here are some tax figures for 2023, compared with 2022, including the estate tax exemption, Social Security wage base, qualified retirement plan and IRA contribution limits, driving deductions and more. Good news: Many increases are […]