Changes to Form 1099-K Reporting for 2022
Written by Cooper Melvin, J.D., CPA Form 1099-K was first introduced in the 2011 calendar year. The 2011 form, titled Merchant Card and Third-Party Payments, was required to be filed
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Written by Cooper Melvin, J.D., CPA Form 1099-K was first introduced in the 2011 calendar year. The 2011 form, titled Merchant Card and Third-Party Payments, was required to be filed
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If your company or organization holds unclaimed property with situs in Alabama, you must file an annual report with the State of Alabama Treasurer’s Office. This report covers property that is deemed
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By Dalton Bradshaw, CPA On July 8, 2022, in a taxpayer-friendly move, the IRS announced relief for estates making a late portability election for a deceased spousal unused exclusion (DSUE)
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If you’ve been listening to the news over the past couple of years, you’re aware that the IRS is facing serious challenges. And, while the IRS’ issues cannot solely be
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Daniel Brock, CPA, CVA, CCIFP is now among the most highly qualified construction financial professionals in the industry, having recently earned the Certified Construction Industry Financial Professional (CCIFP) designation. According
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Written by Cooper Melvin, J.D., CPA Background Name, Image and Likenesses (NIL) has been in the news – sports media and generally – in a significant way since the summer
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Created and introduced as part of the CARES Act in 2020, the Employee Retention Credit (Credit) was implemented to encourage employers to keep their employees on the payroll during the
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A confluence of rising inflation and interest rates, supply chain disruption and volatile consumer demand are setting the stage for an economic downturn. Many prominent business leaders and economists contend
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Written by Drew Nicol, CPA On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the Act) into law. This $740 billion bill is aimed at fighting
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As many businesses are focused on the possibility that the country could be heading into a recession, BMSS conducted a survey to gauge clients’ feel about where their businesses are
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By Dalton Bradshaw, CPA On July 27, 2022, Senate Majority Leader Charles Schumer and Senator Joe Manchin struck a deal to revive a Democratic reconciliation bill. The deal, coined “The
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Alliantgroup is a national management and tax consulting firm that works with CPA firms and their business clients to identify and claim federal and state government tax credits. Started approximately
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