News

Nov 24, 2020

Tax Implications of PPP Loans

Some small businesses may be hit with a surprise tax bill related to Paycheck Protection Program (PPP) loans unless Congress acts soon. If you have…

Nov 19, 2020

IRS Releases Guidance Regarding Deductibility of PPP Loan-Related Expenses

When the Paycheck Protection Program (PPP) was introduced as part of the CARES Act in March, the law provided that any loan forgiveness would not…

Nov 18, 2020

BMSS’ Year-End Tax Planning Letter

2020 has been a year filled with challenges and adversity like no other and has affected each and every one of us. The coronavirus global…

Nov 03, 2020

Election Day Tax Planning Letter

Dear BMSS Clients and Friends, With the end of 2020 approaching, you may be considering year-end tax planning strategies. Year-end tax planning always presents uncertainties…

Sep 28, 2020

BMSS Hosts An Introduction to Ethics in Government Contracting

On September 25, BMSS hosted An Introduction to Ethics in Government Contracting. To access the recording, click here. To access the PowerPoint slides, click here.

Sep 23, 2020

2020 Credit Union Roundtable

On September 23, BMSS hosted A Virtual Credit Union Roundtable which included the following topics and speakers: Regulatory Update by Edward Reisinger of Kudulis Reisinger Price BMSS…

Sep 22, 2020

“What Indirect Rates Should I Bid?”

“What indirect rates should I bid?” This is one of the most common questions I hear from small to mid-sized government contractors. It is an…