BJ Kane & Co.

BJ Kane & Co. B.J. Kane & Co., P.C. was established in 1986 as a CPA Firm catering to healthcare professionals, located in Northern Virginia. www.bjkane.com.

https://www.bjkane.com/blog/2026/4/27/irs-and-tax-update
04/27/2026

https://www.bjkane.com/blog/2026/4/27/irs-and-tax-update

In the wake of continuing IRS budget cuts… And the significant loss of its workforce… Is the agency turning into a paper tiger? Since President Trump began his second term in office, IRS funding has declined, and there’s been a sharp drop in personnel.

www.bjkane.com/blog/2026/2/23/disaster-losses-and-education
02/23/2026

www.bjkane.com/blog/2026/2/23/disaster-losses-and-education

Victims of 2025 disasters: Know the rules for deducting personal losses. The loss must be suffered in a federally declared disaster. Your loss amount is equal to the smaller of the damaged property’s adjusted basis or decline in value, less any insurance proceeds received or expected to be receive...

www.bjkane.com/blog/2026/2/17/tax-filing-update
02/17/2026

www.bjkane.com/blog/2026/2/17/tax-filing-update

Filers don’t itemize as much as they used to. The number of 1040 forms with Schedule A attached plummeted for post-2017 years, thanks in major part to the Tax Cuts and Jobs Act, which set a $10,000 cap on the Schedule A write-off for state and local taxes and nearly doubled the standard deduction ...

www.bjkane.com/blog/2026/1/20/tax-season
01/20/2026

www.bjkane.com/blog/2026/1/20/tax-season

The 2026 tax filing season is upon us. IRS will begin taking 2025 returns on Jan. 26. Some tax professionals thought that the filing season would be delayed because of all the work IRS had to do to implement the “One Big Beautiful Bill’s” tax changes, many of which apply to 2025 federal tax re...

www.bjkane.com/blog/2025/11/4/sales-tax-penalties-and-exempt-groups
11/04/2025

www.bjkane.com/blog/2025/11/4/sales-tax-penalties-and-exempt-groups

Sales Tax All states that impose sales taxes have remote sales tax laws. In June 2018, the Supreme Court blessed a S.D. law requiring many out-of-state sellers with no physical presence in the state to collect sales tax from S.D. buyers. Since that decision came out, states jumped on board and enact

www.bjkane.com/blog/2025/10/29/tax-deductions
10/29/2025

www.bjkane.com/blog/2025/10/29/tax-deductions

What is modified adjusted gross income? IRS and other federal agencies often use MAGI to determine eligibility for certain benefits or breaks or to figure whether you owe surtaxes or surcharges. This question is more important than ever… Thanks in part to the “One Big Beautiful Bill,” which ba...

www.bjkane.com/blog/2025/10/7/this-and-that
10/07/2025

www.bjkane.com/blog/2025/10/7/this-and-that

Ma*****na President Trump has hinted that he may ease restrictions on marijuana… Possibly reclassifying it from a Schedule I drug to a Schedule III drug. Under the Controlled Substances Act,

www.bjkane.com/blog/2025/9/25/obbb-and-business
09/25/2025

www.bjkane.com/blog/2025/9/25/obbb-and-business

The OBBB has tax breaks for businesses. Business lobbying groups pushed Congress hard for certain expiring and expired business tax breaks to be restored and extended. They got their wish, thanks to enactment of the “One Big Beautiful Bill.”

Address

7006 Little River Tpk Suite L
Annandale, VA
22003

Opening Hours

Monday 9am - 5pm
Tuesday 9am - 5pm
Wednesday 9am - 5pm
Thursday 9am - 5pm
Friday 9am - 5pm

Telephone

+17036420100

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