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Preparing to Sell Your Business

Written by Mark Underhill, CPA, CM&AA, CVGA If you’re a business owner thinking about selling your business, congratulations! You’re about to embark on an exciting journey that could potentially bring

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Succession Planning: Preparing for the Inevitable

BMSS HR Advisory Putting the “Resource” in Human Resource Consulting Written by Rebecca Tipton, SHRM-SCP Nearly all companies face turnover at some point, which can hurt businesses with lag times

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What’s Your Ideal Life?

Beyond Financial Planning and Investment Advice Written by Chase Boardman, BMSS Wesson Wealth Solutions Picture this. You sign up for a bodybuilding competition a few months from now. To prepare,

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Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Written by Emily Riles, CPA After the tax and audit deadlines in April, many companies begin to prepare for their Employee Benefit Plan (EBP) Audit for their 401(k) plan, 403(b)

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Employer Benefit Compliance: Are You Covered?

  Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Services Many people might not realize, but April 6th is National Employee Benefits Day, a day to celebrate and embrace the

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BMSS Announces New Scholar in Residence Steve Platau

BMSS Advisors & CPAs is proud to welcome nationally renowned Steve Platau as the firm’s scholar in residence. In this role, Platau will advise BMSS leadership on assurance, tax and

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Three Lessons Every Business Can Learn from the Silicon Valley Bank Collapse

Written by Dalton Hopper, CFE, CVA At first glance, it was believed that the collapse of Silicon Valley Bank (SVB) would be an isolated event. However, in the days after

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Cybersecurity Protects Profits

By Jonathan Perz, Senior Security Analyst, Abacus Technologies Rarely do companies get to see the actual bottom-line value of cybersecurity. It always manifests as a cost or expense on the

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Incurred Cost Submissions Are Just Around the Corner – Are You Ready?

Written by Becky Ramsey, Senior Government Contracts Consultant One of the requirements that government contractors face is the preparation of an Incurred Cost Submission.  Especially if you are new to

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Three Key Supply Chain Management Questions for 2023

Three Key Supply Chain Management Questions for 2023 Manufacturers will continue to face supply chain headwinds in 2023, a cause for concern following a turbulent few years. Economic uncertainty, supply

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Maximizing Tax Benefits of Transaction Costs

Whether related to an acquisition, merger, restructuring, reorganization, initial public offering or spin-off, the costs paid by companies to service providers such as investment bankers, attorneys, accountants and consultants to

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Five FAQs about Embedded Leases

#1: What is an Embedded Agreement? According to ASC 842, a contract contains a lease if, “the contract conveys the right to control the use of identified property, plant, or equipment

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