Client Login
Pay Bill
SuraLink
New Form 7203
By Cooper Melvin, JD, CPA The IRS recently released the final version of the new Form 7203 to better document S corporation stock basis in connection with the income tax
Read More
How the Advance Child Tax Credit May Reduce Your Refund or Increase Your Amount Due
By Ashley G. White, JD, CPA For those of you who make up part of the millions of families who received up to half of their child tax credit via
Read More
Update on the Alabama Electing Pass-Through Entity Tax Act Enacted During 2021
[The summary information below is not complete and is for informational purposes only. The information is not intended to be, nor should it be, construed or used as tax advice
Read More
Employee Retention Credit – Timing of Qualified Wages Deduction Disallowance
By Steven N. Smith, CPA, JD Initially, the employee retention credit (ERC), enacted by the CARES Act, was not available to paycheck protection program (PPP) borrowers. The passage of the
Read More
The IRS’ Ever-Growing Backlog and Suspension of Selected Automated Notices
By Dalton Bradshaw, CPA In our Beyond the Bottom Line Newsletter on January, 26, 2022, we summarized the annual report of the Taxpayer Advocate Service to Congress. The report noted
Read More
Positive Pay
By Cooper Melvin, CPA, JD Due to a recent checking account fraud scheme in the local news, as a business owner or checking account holder, you may be wondering how
Read More
IRS Announces Transition Away from Use of Third-party Verification Involving Facial Recognition
In our Beyond the Bottom Line Newsletter dated January 12, 2022, we described the updated identity verification and sign-in process for several IRS online tools. As they say about not
Read More
IRS “Report Card” Warns of a Challenging 2022 Filing Season for Taxpayers and Tax Professionals
By Steven N. Smith, CPA, JD The 2022 filing season will likely be a frustrating experience for both taxpayers and tax professionals. Individual returns can be submitted to the IRS
Read More
BMSS Promotes Two Employees, Joyce Rinaldi, CPA and Amy Stapler, CPA, to Member
Joyce joined the Huntsville team in 2013 and is currently a Member in Client Accounting Solutions (CAS). Her specific expertise lies in providing virtual CFO solutions as well as assisting
Read More
New Identity Verification Process for IRS Online Account
If you have created an online account with the IRS and have not signed in recently, you will notice some changes the next time you access your account. The IRS
Read More
Business License Renewal Information
City of Birmingham Any person or entity desiring to conduct trade or provide services within the city limits of Birmingham is required to register with the City of Birmingham. The
Read More
Build Back Better Act’s Proposed Tax Changes on Indefinite Hold
A few days before Christmas, West Virginia Democratic Senator Joe Manchin announced on both Fox News Sunday and his website that he would not support the Build Back Better Act (BBBA), President
Read More