Recent News

The Importance of Portfolio Diversification

The recent tariffs announcement on April 2nd had a significant effect on the public U.S. stock market. However, other areas of the market were affected less severely, while some areas

Fishing For Your Tech Stack:

The Challenge Of Choosing The Right Technology For Your Organization Written by Walter Branning, Abacus Technologies Hints Of Spring Hints of spring are in the air, crisp mornings warming to

New Nonprofit Annual Report Filing Requirement in Mississippi

Written by Maura McDevitt, BMSS Member A deadline is approaching on May 15, 2025 for all nonprofit corporations in Mississippi. This is a deadline that many nonprofit corporations have not

How Tariffs Will Impact Crude Oil Prices and What This Means for Consumers

Written by Steven Eilders, CPA, BMSS Manager Gas prices are a hot topic in the news right now – but many consumers find themselves overwhelmed by all of the changing

Updating Responsible Party Information with the IRS

Organizations and businesses with an Employer Identification Number (EIN) are required to file Form 8822-B within 60 days of a change in their responsible party. This form is also used

HOW TO OVERCOME THE 5 BIGGEST FRUSTRATIONS BUSINESS OWNERS FACE

Written by Mike Kotsis, EOS Worldwide Freedom. Control of our own destiny. Making your mark on this planet. Financial wealth. Growth. More fun. These are a few of the many reasons why

BMSS Manager Testifies Before the IRS on Behalf of the NACVA

Written by Dalton Hopper, CFE, CVA, ABV Recently, I had the opportunity to testify before the IRS in Washington, D.C. as a Standards Board member of the National Association of

Beneficial Ownership Information (BOI) Reporting Update

If you’ve been paying attention to the news surrounding the beneficial ownership information (BOI) reporting requirement under the Corporate Transparency Act (CTA), then you know that it has undergone many

How Executive Order 14173, “Ending Illegal Discrimination and Restoring Merit-Based Opportunity,” Affects Employer Responsibilities

Rebecca Tipton, SHRM-SCP, BMSS HR Advisory ServicesPutting the “Resource” in Human Resource Consulting Regardless of your particular political preference, I don’t think anyone could argue that these first few months

Protecting Member Trust: Fortifying Credit Unions Against Cyber Threats

By Jonathan Perz (Abacus Technologies, Senior Security Analyst) In the evolving landscape of cybersecurity, credit unions are facing an unprecedented rise in cyberattacks, making it essential for them to bolster

A Cloudy Sunset – TCJA Set To Expire in 2026

Written by Russell Goodman Uncertainty looming in Washington has CPAs and taxpayers across the country wondering the same thing. What will happen if the Tax Cuts and Jobs Act (TCJA)

Leaving a Legacy for Future Generations

As the landscape of the professional services industry evolves, many private equity firms are investing in accounting and advisory firms and we want to take a moment to assure you