News

Senior Manager, Dalton Hopper, Named Chair of the NACVA Standards Board

BMSS Advisors & CPAs is pleased to announce that Dalton Hopper, CFE, CVA, ABV, Senior Manager in the firm’s Gadsden office, has been named Chair of the National Association of

Standard Costing for Manufacturing

Standard costing is one of the most common accounting methods in manufacturing. It’s used to track cost per unit and usually tied to materials, labor, and overhead. However, the target

Understanding Quality Control Costs in Manufacturing

Quality-related costs impact nearly every part of a manufacturing operation. Scrap, rework, warranty claims, downtime, delayed shipments, and lost production capacity can all affect profitability and operational efficiency. Most manufacturers

Do You Have an Approved Accounting System? What Every Government Contractor Needs to Know

Insights from Joy Parker, Senior Manager For government contractors, few questions carry more weight than this one: Do you have an approved accounting system? It sounds straightforward, but the answer, and what

Important Tax Update: How a Recent Court Decision May Entitle You to a Refund or Removal of IRS Penalties and Interest

Kwong v. United States — Deadline to Act: July 10, 2026 A recent court ruling — Kwong v. United States — may allow certain taxpayers to get back money they

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How Southeast Manufacturers Are Using AI and Automation to Address Workforce Shortages

Written by Ryan Carter, CPA, BMSS Senior Manager The U.S. manufacturing industry has long been a driver of economic strength, but a persistent and deepening labor shortage is testing the

BMSS Advisors & CPAs Member, Jan Lewis, CPA, CGMA, Named 2026 Chair of the AICPA

JACKSON, Miss., May 21, 2026 – BMSS Advisors & CPAs is proud to announce that longtime Member, Jan Lewis, CPA, CGMA, has been inaugurated as the 113th Chair of the

Key Lessons from Manufacturers Who Navigated Recent Shortages with Creative Inventory Management

Written by Stephen Von Hagel, CPA, CGMA, BMSS Member The COVID-19 pandemic exposed a hard truth that manufacturers already knew but rarely planned around: global supply chains are fragile. Factory

Close-up of a device screen showing the IRS official website header, including the United States government banner, flag icon, and navigation links like File and Pay on a blue background.

AI-Powered Tax Enforcement: What the IRS’ Data-First Compliance Model Means for Your Business

In Summary: The IRS is rapidly modernizing its enforcement approach by using data analytics and artificial intelligence to identify potential tax noncompliance more efficiently and accurately. For businesses, especially those

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The 3 C’s of Onboarding: The Essential Components of a Successful Employee Onboarding Strategy

Written by: Rebecca Tipton, SHRM-SCP Putting the “Resource” in Human Resources Consulting Employers often spend significant time and resources recruiting new hires, yet many underestimate the importance of what happens

Manufacturing Overhead and Cost Control

Manufacturers expect sales and production to increase this year, but costs are still climbing. With all of the upheaval in today’s economic landscape, labor, materials, and energy are all more

Hand writing on paper with translucent futuristic dashboards showing risk monitoring and compliance panels.

Do You Have an Approved Accounting System? The Million-Dollar Question for Government Contractors

For small government contractors pursuing cost-type contracts, an approved accounting system is not just a compliance checkbox – it can be the deciding factor in winning or losing a contract.

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