My favorite thing as a kid was watching the Olympics (whether it was Summer or Winter); my bothers and sisters and my Dad would gather around our small bulky TV and yelled with joy as the various sports were played out. We’d even bet on the outcome. My brother was a research fanatic and he… Read More

Amazon, Berkshire Hathaway, and JP Morgan Chase are joining forces to form an independent health-care company for their employees. This alliance of the three business titans, which boast a combined 1 million workers, reflects corporate America’s increasing frustration with  “the state of the nation’s health-care system and the rapidly spiraling cost of medical treatment.” The… Read More

I love to travel and subscribe to many travel magazines and news letters; I even read travel books like a restaurant menu (voraciously)! I thought it would be nice to break up some tax blogs by blogging over a few travel updates. United Airlines changes policy on comfort animals after peacock incident: United Airlines wants… Read More

At Bourke Accounting we are a full service tax and accounting firm. A big part of our business is forming Corporations, LLC’s, Non Profits and over-all helping people figure out which entity is best for their business. With the new “Tax Cuts and Jobs Act” Corporations seem to be the “it” entity of the moment. I… Read More

You might think twice before giving money to you adult child as it could ultimately trigger YOUR financial ruin. The majority of parents with adult kids – 74 percent – continue to help them financially after they reach age 18. More than 80 percent contribute to living costs, such as groceries, health insurance, phone bills,… Read More

The passage of the new tax bill is a golden opportunity for you to convert your traditional individual retirement account into a ROTH IRA. Why? The bill reduced multiple individual income tax brackets, so if you convert your traditional IRA to a ROTH and immediately pay taxes on those funds, “you will be paying at a… Read More

The IRS is urging victims of last year’s hurricanes, especially those who lived in areas affected by Hurricanes Harvey, Irma and Maria, to see if they qualify for the Earned Income Tax Credit (EITC). According to the IRS, many people whose incomes dropped in 2017 may be eligible to choose a special option for figuring… Read More

With the amount of time spent at work, co-workers sometimes develop personal relationships. These relationships can lead to concerns about favoritism, conflicts of interest, sexual harassment Complaints complaints, and related issues. Here are some factors to consider for addressing these concerns. Evaluate policy options: Consider your company culture to decide what type of policy makes… Read More

Several states and one local jurisdiction have enacted paid family leave (PFL) programs, with more expected to consider these types of programs in the future. We have recently received some questions about PFL so we thought we’d blog about them… Q: What Is PFL? A: PFL programs generally provide partial wage-replacement benefits to workers for certain… Read More