If your company or organization holds unclaimed property with situs in Alabama, you must file an annual report with the State of Alabama Treasurer’s Office. This…
Read MoreBeginning November 1, 2020, taxpayers will be required to renew the State of Alabama Tax License annually. The My Alabama Taxes (MAT) website will provide…
Read MoreOn Friday, August 28, 2020, the IRS issued a news release announcing that Notice 2020-65 had been issued to provide guidance to implement the Presidential…
Read MoreThe Internal Revenue Service today reminds IRA owners, beneficiaries or workplace retirement plan participants who received a Required Minimum Distribution (RMD) this year that they…
Read MoreOn August 8, President Trump issued a memorandum to the Secretary of Treasury entitled “Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster.” The…
Read MoreIn a year of extraordinary events and challenges, BMSS Advisors & CPAs’ Don Murphy was one of 10 managing partners throughout the country to be…
Read MoreFor most of you who received Paycheck Protection Program (PPP) loans under the CARES Act, the receipt of these funds provided a lifeline to your…
Read MoreBMSS Advisors & CPAs was recently named as one of the 2020 Accounting Today’s Best Accounting Firms to Work for. Accounting Today has partnered with…
Read MoreIn a nutshell, details are still being worked out by the Small Business Administration (SBA), the U.S. Treasury Department and lenders. Until those details are…
Read MoreLate Wednesday, the Senate passed the House version of the Paycheck Protection Program (PPP) Flexibility Act of 2020 which triples the time period for PPP…
Read More