Business meals at a restaurant are now fully tax deductible — at least for the next two years. To promote increased business spending at restaurants, the “Consolidated Appropriations Act, 2021” directed the IRS to increase the deduction from 50% to 100% of the cost of food and beverages provided by a restaurant. The IRS had… Read More

If you’re one of the millions of Americans waiting patiently for your 2020 federal tax refund, I sympathize with you. This tax filing season has been one like never before and I am hearing from many of you wondering why you haven’t received your payment yet. There are several reasons for the delays, but I… Read More

Summer is slowly coming to an end, kids are beginning to go back to school, and the vacations are over. Do not worry friends as it is not all gloom and doom for a few different reasons. Reason #1 is football is back! And reason #2 is the Kentucky State Fair begins this week! You may… Read More

Monday’s is generally the most stressful day at a tax & accounting firm. Bourke’s founder, Tim, always says all kinds of shit happens on Mondays… I always laughed at that but then noticed that there were more phone calls, more mail and the computers were always “Monday slow.” But what I always do, “when all… Read More

Never heard  of a “shower beer?” A quick online search will show you just how passionately some people feel about hitting the showers with a can of their favorite adult soda. Or you could just try one for yourself – we’ll wait. There, wasn’t that great? Now, let’s dig into the science of why drinking… Read More

  2018 marks the first year of filing tax returns using 500 plus pages of tax code changes passed into law in late 2017. To help you plan for the new rules, here are the four biggest changes and their potential impact on your return. Tax rates are lower. While five of the seven tax… Read More

At Bourke Accounting we find that to be a good accountant you have to be a good listener…and listen we do during tax time and our monthly bookkeeping meetings with clients. Most clients like to talk about more than just tax, so we find we must know much about everything. One of our clients is… Read More

In case you missed it, the Internal Revenue Service published the new 2018 W-4 form in March. As you know, accurate withholding is meant to get individuals close to their true tax liability at the end of the year. However, the new tax code, passed into law in December, made significant changes to calculations for… Read More

As Bourke Accounting continues to grow and expand we often need to update our equipment. Our current dilemma is the need for a combo copy machine/fax/scanner etc. So do we buy or lease? I think leasing may be the best option considering the price of the machines today… When I talk to people about leasing… Read More

What makes people happy? It’s a question humans have been trying to answer for millennia. but over the past several decades, behavioral scientists have made huge strides in determining the basic building blocks of joy and contentment. Primary among them? The quality of your relationships. A study of adult development has found that close relationships,… Read More