Important Updates Regarding Washington’s Response to the Coronavirus

Please see below for important updates regarding relief efforts that have evolved over the last day or two. Plan to Send Checks to Americans Being Discussed But Still Evolving: In

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Washington Update and the Families First Coronavirus Response Act

  Many businesses are in their second regular business day after the President declared a national emergency on Friday. Federal, state and local governments bodies and agencies are also responding

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An Important Message Regarding the Coronavirus

Dear Valued BMSS Clients & Friends, We understand you have been inundated by an overwhelming flood of information regarding coronavirus (COVID-19). We have been too. We understand you are concerned

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Nonprofit Newsflash, Winter 2020

We want to make sure your organization stays on top of the ever-changing tax laws and regulations while staying in the best position to foster growth and continued success. We

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2019 Personal Use of a Company Automobile

According to IRS regulations, the personal usage of company cars by employees must be treated as taxable compensation income (and is subject to normal payroll taxes). In valuing this compensation,

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Revenue Recognition and Leases Update

In the upcoming months and years, numerous changes will go into effect in regards to the implementation of revenue recognition and lease accounting standards. Do not let these changes overwhelm

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BMSS Welcomes Nationally Acclaimed Accounting Expert and Speaker, Michael Brand, CPA, CGMA to the Firm

BMSS, LLC is proud to welcome nationally acclaimed, accounting industry expert and speaker, Michael Brand, to the firm as its newest member. A resident of Athens, AL, Brand received his

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BMSS Continues Legacy of Giving Back to Local Communities

Employees from BMSS’ Birmingham locations have been “working” outside the office over the past few months. They have been serving hands-on throughout the city with several nonprofit organizations. Throughout October,

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