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Preparing for W-2 and 1099 Season
The holidays are around the corner, and before you know it, January 2024 will be here! Let’s take a look at what you can do now to make the preparations
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99% of the S&P 500 is Reporting on ESG and 65% are Obtaining ESG Assurance
ESG* Reporting Is on the Rise Despite the blowback against ESG in politics and in the media, companies are actively engaged in sustainability and ESG reporting. That’s because investors are
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Your Alabama Tax License Renewal is Due December 31, 2023
Beginning November 1, 2020 and going forward, taxpayers are required to renew the State of Alabama Tax License annually. 2024 License Renewal Due Date: 12/31/2023 The My Alabama Taxes (MAT)
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Proposed Salary Threshold Changes for FLSA Exemption Status
Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Putting the “Resource” in Human Resource Consulting As those familiar with the Fair Labor Standards Act will know, designating an employee as
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EEO-1 Data Collection Window for 2022 Approaching
Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Putting the “Resource” in Human Resource Consulting After many recent delays, the EEO-1 Data Collection Window is due to open on October
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Think Beyond Stocks and Bonds
An Introduction to Multi-Asset Investing By Daniel Phillips, CFA®, CFP® All investment decisions have an opportunity cost. There is always an alternative that could have yielded a different outcome. And
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Alabama Sales Tax Rate Reduction on Food Effective as of September 1, 2023
Alabama recently updated the state-level sales tax rate on food, reducing it from 4% to 3%, effective September 1, 2023. This does not affect local jurisdiction rates such as city
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Attention: Update to Business Personal Property Tax Filing Process
Beginning October 1, 2023, the OPPAL system will be a component of My Alabama Taxes to electronically file your business personal property return. If you (or BMSS on your behalf)
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IRS Halts Processing of New ERC Claims Until January 2024
In a news release yesterday, the IRS issued a moratorium on the processing of any new Employee Retention Credit (ERC) claims through at least the end of the year, citing
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Business Personal Property Tax – Looking Forward
It’s that time of year again, Business Personal Property Tax Returns are quickly approaching! Take a look below at some of the things to start thinking about in the coming
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I-9 Compliance: Navigating the Updated Form and Remote Verifications
Written by Rebecca Tipton, SHRM-SCP, BMSS HR Services The I-9 form is one of the main cornerstones of compliance for onboarding so that employers can demonstrate their employees’ eligibility to work
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Maximize Your Tax Savings and Make a Positive Impact: Work Opportunity Tax Credit
Written by Sarah Shirley Ever since the world seemingly stopped during the COVID-19 pandemic, people everywhere have started placing greater importance on making a positive impact in the world and
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