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IRS Increases Oversight of ERC Program
Last week, the IRS issued an important news release, IR-2023-135 (click green link to read full release), announcing their heightened scrutiny of claims for the Employee Retention Credit (ERC) with
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Hurricane Season: Preparation & Post-Event Considerations
Written by Claire Bourseleth, Katim Faal and Lisa Talley, BDO USA, P.A. Hurricane Season is underway and will remain in effect until November 30th of this year. Is your organization
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An Update on Biden’s Student Loan Forgiveness Program
Written by Dalton Bradshaw, CPA In the fall of 2022, the Biden Administration unveiled its plan for student loan forgiveness, invoked by the Higher Education Relief Opportunities for Students Act
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Are You a Construction Company Looking for a Better Way to Track Expenses?
Written by Joe Turner, Co-founder Vendrix We all know the pains of using corporate cards and tracking business expenses. Those pains are even greater for construction companies, but the good
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Keeping Up With 2023 HR Updates
Written by Rebecca Tipton, SHRM-SCP HR Advisory Services Putting the “Resource” in Human Resource Consulting One of the unexpected challenges of the HR industry is keeping up with compliance updates
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Independent Contractor (Self-Employed) or Employee?
Labor classification splits workers into two categories: Employees and Independent Contractors. Proper classification of workers is an important part of paying for labor and there are several pieces to consider
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Retirement Plan Changes for 2023 and Beyond
Written by Ashley G. White, JD, CPA The Securing a Strong Retirement Act of 2022, known as SECURE 2.0 Act, made significant changes to retirement savings rules for both the employer and employee. Some of these changes
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Childcare Challenges and Working Parents as featured in the Birmingham Business Journal Childcare Special Issue – Table of Experts
Rebecca Tipton, SHRM-SCP HR Client Services Manager, BMSS HR Advisory Services Putting the “Resource” in Human Resource Consulting What are some of the most significant challenges that working parents face
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The Year Ahead in Hospitality: Embracing Opportunities, Mitigating Risk
Three years after the onset of the coronavirus pandemic, the hospitality industry, like others, is still recovering. Though 2022 saw some significant growth with a public eager to travel for
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Changes to the 2023 Form 5500
The Department of Labor (DOL) released the final changes to Form 5500 relating to the September 2021 notice of proposed form revisions (NPFR) to amend Form 5500. The changes fall
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Whistleblower Programs and Compliance: Enhancing Transparency and Accountability through Forensic Accounting
Written by Dalton Hopper, CFE, CVA Whistleblower programs and compliance initiatives have gained significant importance in recent years as organizations and governments strive to enhance transparency, ethical behavior, and accountability.
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New Tax Tools for Giving: IRA Charity Rollover Gift Annuity
By: Cooper Melvin, CPA, JD In late 2022, Congress authorized a new tool to lower Required Minimum Distributions (“RMDs”) and increase charitable giving. Effective as of now, taxpayers over age
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