Chicopee, MA

Accounting Firm Chicopee, MA

Certified Public Accountants near Chicopee, MA 01013, 01020, 01021, 01022

Meyers Brothers Kalicka, P.C. (MBK) is a top-rated CPA firm serving Chicopee, MA and the surrounding communities. Founded in 1948, MBK has a long history of providing quality accounting, auditing, taxation and management advisory services to businesses and individuals in Western Massachusetts. In addition to our core services, we also offer proactive business strategy consulting to help our clients achieve their goals. Our team of experienced professionals is committed to providing the highest level of service and advice, and we work hard to build strong relationships with our clients. We understand the unique challenges and opportunities that businesses face in our region, and we are proud to be a trusted partner in helping them succeed. Contact us today to learn more about how we can help you reach your goals.

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Chicopee, MA

Contact Meyers Brothers Kalicka, P.C.

Call us at (413) 536-8510

Chicopee, MA CPA Services

With decades of experience serving clients in Chicopee, MA, across Western Massachusetts and the country, our services include accounting, auditing, taxation and more. Learn more about our full range of services:

Neighborhoods in Chicopee, MA

Meyers Brothers Kalicka provides tax planning serves throughout Chicopee, MA including:

Chicopee Center, Chicopee Falls, Ferry Lane, Westover Air Reserve Base, Willimansett, Burnett Road, Aldenville, & Fairview.

Latest Industry Insights for Chicopee, MA

The Benefits of Cost Allocation

By Sarah Rose Stack • 22 Apr, 2024

Cost allocation can be a cumbersome task for nonprofits, especially organizations with many activities. However, the process is critical for multiple reasons, and it’s worth reviewing cost allocation practices regularly to ensure they’re working as intended. This article covers the reasons to make allocations and the various methods used.

SECURE 2.0 opportunities : Take advantage of 2024 and 2025 updates

By Sarah Rose Stack • 15 Apr, 2024

President Biden signed the Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act into law in late 2022, but much of the wide-reaching retirement legislation is being phased in over time. There are some significant changes in 2024 and 2025 that may help nonprofit employers recruit and retain employees. This article presents what organizations need to know. A brief sidebar looks at how SECURE 2.0 boosts the advantages of qualified charitable distributions (QCDs), possibly leading to larger gifts for nonprofits.

Bad Debt Deductions

By Sarah Rose Stack • 15 Apr, 2024

The tax code allows an individual to claim a deduction for business debts that have become worthless. But qualifying for the deduction may be more complicated than one would think. In a recent case, the IRS denied more than $17 million in bad debt deductions on the grounds that the advances in question represented equity rather than debt, hitting the taxpayer with millions of dollars in taxes and penalties. This article recounts the U.S. Tax Court case Allen v. Commissioner. Allen v. Commissioner (T.C. Memo 2023-86).