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Revenue Recognition and Leases Update
In the upcoming months and years, numerous changes will go into effect in regards to the implementation of revenue recognition and lease accounting standards. Do not let these changes overwhelm
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BMSS Welcomes Nationally Acclaimed Accounting Expert and Speaker, Michael Brand, CPA, CGMA to the Firm
BMSS, LLC is proud to welcome nationally acclaimed, accounting industry expert and speaker, Michael Brand, to the firm as its newest member. A resident of Athens, AL, Brand received his
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BMSS Continues Legacy of Giving Back to Local Communities
Employees from BMSS’ Birmingham locations have been “working” outside the office over the past few months. They have been serving hands-on throughout the city with several nonprofit organizations. Throughout October,
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Direct Deposit Fraud Alert
We are seeing an increase in compromised email accounts and hackers are using these compromised email accounts to submit fraudulent direct deposit requests to employers. The fraudulent direct deposit accounts
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BMSS Makes BBJ FastTrack 30
BMSS, LLC was recently named to the FastTrack 30 List of the fastest-growing companies in the Magic City. With an average growth rate of 29% and a three-year growth rate
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Please Welcome Our New Professionals!
We would like to announce and welcome our new accounting professionals who have started with BMSS over the past two months. We are very excited to have them join our
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Guidance Released on Taxable Income from Parking and Other Fringe Benefit
By Marc Berger, CPA, JD, LLM The bill known as the Tax Cuts and Jobs Act, enacted in December 2017, added new Section 512(a)(7) to the Internal Revenue Code (IRC).
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BMSS Named to INSIDE Public Accounting Top 200 Firms
Each year the publishers of INSIDE Public Accounting (IPA) release their annual financial performance analysis and ranking of the nation’s 400 largest public accounting firms. At number 159, BMSS was
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BMSS Team Teaches Accounting to Rwandan Students Through Bridge2Rwanda Organization
BMSS sent Managing Partner Don Murphy along with four CPAs from its management group to Kigali, Rwanda for 10 days in July to
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GASB Simplifies Accounting for Capitalized Interest
By Susan Friend, CPA The Governmental Accounting Standards Board (GASB) Statement No. 89 (Statement), Accounting for Interest Cost Incurred before the End of a Construction Period, which is effective for
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