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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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Does Your Investment Portfolio Reflect Your Personal Values?
Have you ever considered whether the companies you’re invested in align with your personal values? You might already have a few companies in mind that don’t sit well with your
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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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BMSS Family of Companies Expands with New Trussville Office in Birmingham Metro Area
Birmingham, AL— The BMSS Family of Companies is proud to announce the opening of a new office in Trussville, Alabama—an exciting expansion aimed at enhancing service to clients in the
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Do You Have Unclaimed Property to Report?
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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LLC vs. S-Corp: What’s the Difference, and Which One is Right for Your Business?
Written by Sarah Shirley, Supervisor When it comes to choosing a business structure, it’s easy to feel overwhelmed by the acronyms and fine print. Whether you’re starting a new company
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IRS Releases Updated FAQs to Provide Guidance on Employee Retention Credit (ERC) Taxability
With the deadline for submitting Employee Retention Credit (ERC) claims now closed, the IRS is working through approximately 597,000 outstanding claims. As a result, businesses are receiving either reimbursement payments
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BMSS Advisors & CPAs Member, Jan Lewis, CPA, CGMA, Elected Vice Chair of the AICPA
BMSS Advisors & CPAs is proud to announce that longtime Member, Jan Lewis, CPA, CGMA, has been elected as Vice Chair of the Board of Directors of the American Institute
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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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Navigating the First 100 Days: A Recap of Recent Tariff Actions
As President Trump marks his first 100 days in office, both domestic and global markets are grappling with the sweeping changes brought by his administration’s tariff policies. From newly imposed
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Strategic Accounting Support for Government Contracting
With more than 100 years of combined experience, our team of accounting professionals possesses a wealth of expertise in government contracting. We are well-equipped to help your organization navigate the
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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
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