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Fortifying Futures: How the U.S. Supreme Court Changes the Way We Navigate Life Insurance and Buy-Sell Agreements

Written by Dalton Hopper, CFE, CVA Two brothers, Michael and Thomas Connelly, were owners of Crown C Supply, a building supply company in St. Louis, Missouri. The two brothers entered

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New DOL Regulations May Bring Clarity to ESOP Valuation Process

While a legal framework for employee stock ownership plans (ESOPs) was established by the Employee Retirement Income Security Act of 1974 (ERISA), formal guidance for determining the fair market value

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Upcoming Intuit Product Updates

Intuit has announced several product updates coming up over the next year or so. If you use QuickBooks Desktop, this may impact you! After July 31, 2024, Intuit will no

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Balancing Act: Navigating the Promise and Pitfalls of AI and Emerging Technologies

Emerging technology and artificial intelligence present exciting opportunities in virtually every industry and field. From automating time-consuming, manual processes to generating information from a simple line of text, the potential

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Unclaimed Property for Businesses

Did you know that businesses are required to report unclaimed or abandoned property to the state of the owner’s last known address as shown on a company’s books or in

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FTC Final Rule Banning Noncompete Agreements Approved

Written by Rebecca Tipton, SHRM-SCP BMSS HR AdvisoryPutting the “Resource” in Human Resource Consulting  The FTC initially announced its proposal to issue a final rule banning noncompete agreements over a

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Using Data to Measure Morale

Written by Becca Riles, Business Intelligence Analyst, Abacus Technologies Did you know that using data to measure morale within a company is essential for several reasons? Morale refers to the

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10 Best Practices for Road Builders

In a presentation to our construction industry niche group, Robert Davidson presented his top 10 list of the most common causes of contractor failure as well as his 10 best

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Ten Most Common Causes of Contractor Failure

CFMA Article written in 1986 by Robert Davidson and Danny Parrish In a presentation to our construction industry niche group, Robert Davidson presented his top 10 list of the most

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New Streamlined Exemption Certificate Procedure for Tax-Exempt Construction Projects – How It’s Working So Far

A discussion about the new streamlined process for applying for a project-specific exemption certificate was presented to BMSS in a memo written by Bradley Partners, Bruce P. Ely and James E.

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CECL for Nonprofits Is Here – Helping You Prepare

Nonprofits have endured the challenges of adopting several new accounting standards over the last several years.  Now, after a lengthy deferral period, the Financial Accounting Standards Board (FASB) Accounting Standards

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The EOS Process

At BMSS, we are honored to be able to help companies get on the same page with their Vision and help develop the discipline to achieve that Vision. EOS has

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