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Strategic Considerations for Companies Affected by the IEEPA Tariff Termination

Written by Stephen Von Hagel, CPA, CGMA In Summary: The Supreme Court’s termination of IEEPA tariffs has created unprecedented opportunities for businesses to recover previously paid duties but the path

Is Your Manufacturing Company Doing Enough to Prevent Cyber Attacks?

Manufacturing companies face a growing reality: cyber-attacks are no longer a question of “if” but “when.” According to recent cybersecurity research, ransomware attacks on manufacturers accounted for over half of

Making Technology Work for Your Mission: Essential Strategies for Nonprofit AI and Data Analytics Implementation

In Summary: Nonprofits are facing rising costs, tighter funding, and increased scrutiny, making technology like AI and data analytics more essential than ever for sustaining impact. The article explains that

100% Expensing for Qualified Production Property (QPP): What Manufacturers Need to Know

In summary: The One Big Beautiful Bill Act introduced a powerful new tax incentive for manufacturers: 100% first-year depreciation for Qualified Production Property (QPP) under IRC Section 168(n). This allows

Tax Season 2026 is Here: What Do You Need to Know?

With tax season now underway, many of our clients are asking the same question: What do I need to know to make this process go smoothly? For most of the

Q1 2026 Construction Tax Planning: Maximizing OBBBA’s New Depreciation Rules

In summary: The One Big Beautiful Bill Act (OBBBA) offers construction companies significant new tax planning opportunities in 2026, including permanent 100% bonus depreciation, expanded Section 179 limits, and a

Trump Accounts: Childhood Savings Just Got YUGE

Written by Sarah Shirley, BMSS Supervisor Move over, piggy banks! The One Big Beautiful Bill Act (OBBBA) introduces a new way for kids to save, and it’s making quite the

Nonprofit Annual Report Filing Requirement in Mississippi

Written by Maura McDevitt, CPA, CNAP BMSS Member Remember to file your Mississippi annual report! The window opened on January 1, 2026 and will close May 15, 2026. Last year

Meal Deductibility Changes Under the OBBBA

With the recent passage of the One Big Beautiful Bill Act (OBBBA), important changes to meal deductibility will take effect beginning in 2026. As your accounting advisors, we want to

Social Security Wage Base Update

The wage base limit is the maximum wage that’s subject to Social Security tax for that year. In 2025, the Social Security Wage base was $176,100 and is increasing to

Federal 941 Payroll Tax Lookback Procedures

IRS Notice 931 (Rev. September 2025), Deposit Requirements for Employment Taxes, lists requirements for depositing payroll taxes such as federal income tax, social security and Medicare tax. If your company

Strengthening Your 2026 Budget Through Strategic Vendor Review

In Summary: A strategic vendor review is a powerful yet often overlooked approach that can uncover savings, improve efficiency, and strengthen supplier relationships for businesses. By evaluating vendor consolidation opportunities,

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