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Alabama Rural Hospital Investment Tax Credit (2026-2028) – Planning Opportunity Starting in 2026

Alabama has enacted a Rural Hospital Investment Tax Credit that can provide a dollar-for-dollar Alabama tax credit for cash donations to Board-approved, eligible rural hospitals or certain approved third-party entities

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BMSS Family of Companies Takes Top Spot Among Large Companies – Best Companies to Work for in Alabama

Each year, Business Alabama, in partnership with the Best Companies Group, conducts a comprehensive employee survey to identify the best places to work across the state. This year, forty organizations

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Social Security Wage Base Update

The wage base limit is the maximum wage that’s subject to Social Security tax for that year. In 2025, the Social Security Wage base was $176,100 and is increasing to

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Federal 941 Payroll Tax Lookback Procedures

IRS Notice 931 (Rev. September 2025), Deposit Requirements for Employment Taxes, lists requirements for depositing payroll taxes such as federal income tax, social security and Medicare tax. If your company

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Maximizing Year-End Cash Flow for Manufacturing Companies

As 2025 comes to a close, manufacturing businesses across the United States face another year of rapid change; tariffs, logistics pressures, and tax reforms continue to impact profitability. To help

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BMSS’ 2025 Year-end Tax Planning Letter Is Here!

As we approach the end of 2025, it’s essential to plan ahead so that you are well-prepared for the upcoming tax season. Whether you’re an individual, a business owner, or

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Preparing for 1099 and W-2 Season

The holidays are around the corner, and before we know it, January 2026 will be here! Let’s take a look at what we can do now to make the preparation

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Reflect, Refine, and Rise: How HR Reviews Set the Stage for a Strong 2026

In Summary: Rebecca Tipton, SHRM-SCPPutting the “Resource” in Human Resources Consulting With the end of another calendar year quickly approaching, it’s time to identify what your HR goals should be

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BMSS Advisors & CPAs Member, Jan Lewis, CPA, CGMA Awarded AICPA 2025 Global Women to Watch

BMSS Advisors & CPAs is proud to share that Member, Jan Lewis, CPA, CGMA has been named an Honoree in the 2025 Global Women to Watch in the Experienced Leaders

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Why Small Businesses Should Work with a Reputable Accounting Firm

Most business owners seek professional accounting help for one reason: to file taxes and stay compliant. Yet this practical necessity often obscures a more valuable truth, expert financial guidance delivers

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Important Update: Unauthorized GoFundMe Pages Affect Nonprofits

GoFundMe recently created donation pages for roughly 1.4 million nonprofit organizations without their knowledge or consent. These unauthorized pages caused significant confusion and concern across the nonprofit sector. Many of

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