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Keeping Up With 2023 HR Updates

Written by Rebecca Tipton, SHRM-SCP HR Advisory Services Putting the “Resource” in Human Resource Consulting One of the unexpected challenges of the HR industry is keeping up with compliance updates

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Retirement Plan Changes for 2023 and Beyond

Written by Ashley G. White, JD, CPA The Securing a Strong Retirement Act of 2022, known as SECURE 2.0 Act, made significant changes to retirement savings rules for both the employer and employee.  Some of these changes

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Childcare Challenges and Working Parents as featured in the Birmingham Business Journal Childcare Special Issue – Table of Experts

Rebecca Tipton, SHRM-SCP HR Client Services Manager, BMSS HR Advisory Services Putting the “Resource” in Human Resource Consulting What are some of the most significant challenges that working parents face

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The Year Ahead in Hospitality: Embracing Opportunities, Mitigating Risk

Three years after the onset of the coronavirus pandemic, the hospitality industry, like others, is still recovering. Though 2022 saw some significant growth with a public eager to travel for

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Changes to the 2023 Form 5500

The Department of Labor (DOL) released the final changes to Form 5500 relating to the September 2021 notice of proposed form revisions (NPFR) to amend Form 5500. The changes fall

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New Tax Tools for Giving: IRA Charity Rollover Gift Annuity

By: Cooper Melvin, CPA, JD In late 2022, Congress authorized a new tool to lower Required Minimum Distributions (“RMDs”) and increase charitable giving. Effective as of now, taxpayers over age

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Final Paychecks: What is Required When an Employee Separates from Employment?

What are Alabama’s rules surrounding final paychecks? Alabama does not provide regulations on when a final check must be issued, so employers are required by the Fair Labor and Standards

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Succession Planning: Preparing for the Inevitable

BMSS HR Advisory Putting the “Resource” in Human Resource Consulting Written by Rebecca Tipton, SHRM-SCP Nearly all companies face turnover at some point, which can hurt businesses with lag times

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What’s Your Ideal Life?

Beyond Financial Planning and Investment Advice Written by Chase Boardman, BMSS Wesson Wealth Solutions Picture this. You sign up for a bodybuilding competition a few months from now. To prepare,

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Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Written by Emily Riles, CPA After the tax and audit deadlines in April, many companies begin to prepare for their Employee Benefit Plan (EBP) Audit for their 401(k) plan, 403(b)

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Employer Benefit Compliance: Are You Covered?

  Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Services Many people might not realize, but April 6th is National Employee Benefits Day, a day to celebrate and embrace the

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