Blog Placeholder Image

Are You Taxed As a Partnership? Matters for You to Consider

For our clients and friends operating as business entities taxed as partnerships, we want to bring a few matters for your attention, including: IRS launches large partnership audits, Periodic reviews

Read More

BMSS Member Mark Underhill Named BBJ 2021 Top 40 Under 40

BMSS Member Mark Underhill, CPA, CMAA, CVGA has been named a 2021 Top 40 Under 40 by the Birmingham Business Journal. This illustrious list honors up-and-coming stars of the Magic

Read More
Blog Placeholder Image

Infrastructure Bill Update

Written by Cooper Melvin, J.D. In a previous Beyond the Bottom Line, we introduced a summary of the Reconciliation Bill. Earlier this week, there were proposed changes to the bill

Read More
Blog Placeholder Image

Alabama Qualified Dispositions in Trust (QDIT) Act

By: Dalton Bradshaw, CPA When considering asset protection from creditors, most individuals and advisors immediately think of assets being hidden away in foreign accounts by the world’s ultra-wealthy. However, legislatures

Read More

Business Personal Property Tax Reminder

It’s time for Business Personal Property Tax Returns! Keep an eye on your mail for the 2022 tax year return from your county, and your OPPAL pin for online filing.

Read More

Your Alabama Unclaimed Property Report is Due November 1, 2021

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 report covers property that is

Read More

IRS Program for Auditing Large Partnerships to Begin Soon

Last month the IRS released a revised Publication 5319, the Large Business and International (LB&I) Focus Guide for fiscal year 2022. In recent editions of Beyond the Bottom Line, we

Read More

Uncertainty Remains Over the Administration’s Tax Policy as Year-End Approaches

Written by Steve Smith, J.D., CPA As we move into the fourth quarter of calendar year 2021, the uncertainty over the Administration’s tax policy remains a significant challenge for businesses

Read More
Blog Placeholder Image

How Deal Insurance Improves M&A Transaction Execution

By Michael Williams, Managing Director, Transaction Advisory Services, BDO USA, LLP The use of representations and warranties (R&W) insurance in mergers and acquisitions has grown significantly over the past several

Read More

Update on the Biden Administration’s Tax Proposals

By Cooper Melvin, J.D. In June, we provided a summary of the Green Book proposals, a glimpse into the Biden administration’s tax plan. On Monday, House Committee members made a

Read More
Blog Placeholder Image

Cryptocurrency: The Next Financial Frontier

By Dalton Bradshaw, CPA In recent years, the unprecedented growth and public adoption of virtual currencies, also known as crypto currencies, have left many investors and professionals with questions and

Read More
Blog Placeholder Image

Book and Tax Implications of Earnouts

One of the many challenges in any deal negotiation is for the buyer and seller to reach an agreement on the purchase price. This is especially true during times of

Read More

Local Firm. National Knowledge. Global Reach.

Get In Touch