BMSS Blog

Paper Checks Scheduled to Cease on September 30, 2025

On March 25, 2025, President Trump signed an Executive Order requiring the U.S. Treasury to phase out paper checks for nearly all federal payments and collections starting September 30, 2025.

We’ve Launched Our New Website!

BMSS Wesson Wealth Solutions is excited to announce the launch of our newly redesigned website! Our new website is designed to make it easier to get to know us, understand

Nonprofits: Navigating Change and Finding Resilience

Facing a series of challenges in 2025, many nonprofits have turned to strategy. Federal funding cuts have captured the headlines, but changes to federal agencies are just one of several

Cybersecurity Alert: 16 Billion Records Compromised

A massive data leak of 16 billion records from 30 datasets—including Apple, Google, and Facebook—has been reported in the past few days. Researchers say the data is fresh and credentials

The Latest on Washington’s “Beautiful” Tax Bills

Written by Todd Martin, IV, Senior Manager and Jan Lewis, Member On May 22, Americans got their first look at a proposed tax legislation package under the new administration with

BMSS Family of Companies Expands with New Trussville Office in Birmingham Metro Area

Birmingham, AL— The BMSS Family of Companies is proud to announce the opening of a new office in Trussville, Alabama—an exciting expansion aimed at enhancing service to clients in the

Do You Have Unclaimed Property to Report?

Did you know that businesses are required to report unclaimed or abandoned property to the state of the owner’s last known address as shown on a company’s books or in

IRS Releases Updated FAQs to Provide Guidance on Employee Retention Credit (ERC) Taxability

With the deadline for submitting Employee Retention Credit (ERC) claims now closed, the IRS is working through approximately 597,000 outstanding claims. As a result, businesses are receiving either reimbursement payments

BMSS Advisors & CPAs Member, Jan Lewis, CPA, CGMA, Elected Vice Chair of the AICPA

BMSS Advisors & CPAs is proud to announce that longtime Member, Jan Lewis, CPA, CGMA, has been elected as Vice Chair of the Board of Directors of the American Institute

The Importance of Portfolio Diversification

The recent tariffs announcement on April 2nd had a significant effect on the public U.S. stock market. However, other areas of the market were affected less severely, while some areas

Fishing For Your Tech Stack:

The Challenge Of Choosing The Right Technology For Your Organization Written by Walter Branning, Abacus Technologies Hints Of Spring Hints of spring are in the air, crisp mornings warming to

New Nonprofit Annual Report Filing Requirement in Mississippi

Written by Maura McDevitt, BMSS Member A deadline is approaching on May 15, 2025 for all nonprofit corporations in Mississippi. This is a deadline that many nonprofit corporations have not

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