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Your Alabama Tax License Renewal is Due December 31, 2025

Beginning November 1, 2020, taxpayers are required to renew the State of Alabama Tax License annually. 2026 License Renewal Due Date: 12/31/2025 The My Alabama Taxes (MAT) website provides the

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Strengthen Your Cyber Defenses Before It’s Too Late

Cybersecurity is not just an IT function—it’s a business imperative. Today’s attackers target people, processes, and technology, exploiting any weakness they can find. The difference between companies that survive and those that don’t often comes down to one principle: proactivity versus reactivity.

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How the Government Shutdown Affects Taxpayers: What You Need to Know

The federal government shutdown that began October 1, 2025, has created significant disruptions at the IRS, with approximately 35,000 employees—nearly half the agency's workforce—now furloughed. As taxpayers face the critical October 15 extension deadline and businesses prepare for the upcoming filing season, understanding these impacts is essential for protecting your interests.

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Paper Checks Scheduled to Cease on September 30, 2025

On March 25, 2025, President Trump signed an Executive Order requiring the U.S. Treasury to phase out paper checks for nearly all federal payments and collections starting September 30, 2025.

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One Big Beautiful Bill Act: Implications for Accounting for Income Taxes

President Donald Trump signed the reconciliation tax bill, commonly known as the “One Big Beautiful Bill Act” (OBBBA) into law July 4, 2025, which is considered the enactment date under

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Beyond the Sale: Strategic Drivers for Business Valuations

Business valuations are often equated with selling a company, but in practice, transactions represent only a fraction of the demand for these services. For estate planners, attorneys, and family business

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What’s the Latest with Oil Prices and What Does the Rest of the Summer Look Like?

Written by Steven Eilders, Manager, BMSS Oil prices have once again become a focal point in global economic discussions as shifting geopolitical tensions and market dynamics spark questions about where

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Congress Passes The Big Beautiful Bill – What Do You Need to Know?

Written by Todd Martin, IV, Senior Manager and Jan Lewis, Member So, Was It a Beautiful Day for Taxpayers? On July 4, while most of us were busy flipping burgers

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Nonprofits: Navigating Change and Finding Resilience

Facing a series of challenges in 2025, many nonprofits have turned to strategy. Federal funding cuts have captured the headlines, but changes to federal agencies are just one of several

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The Latest on Washington’s “Beautiful” Tax Bills

Written by Todd Martin, IV, Senior Manager and Jan Lewis, Member On May 22, Americans got their first look at a proposed tax legislation package under the new administration with

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Building a Strong Data Governance Framework for the Modern Audit

The importance of data governance cannot be overstated. With advanced technology and artificial intelligence relying on accurate, structured data to function effectively, strong controls around the way companies store and

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Are You Preparing to Sell Your Business?

Selling a business is one of the most significant transitions a business owner can face. Unfortunately, many approach this milestone without the strategic planning needed to achieve their desired terms

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