During 2019, as part of a wider effort to assist taxpayers and to enforce tax laws in a rapidly changing area, the Internal Revenue Service issued two pieces of guidance
Read More
We want to make sure your organization stays on top of the ever-changing tax laws and regulations while staying in the best position to foster growth and continued success. We
Read More
In the days before going on recess for the holidays, Congress pushed through significant tax legislation as part of the year-end spending bill. As you wrap up your 2019 year-end
Read More
We’d Like to Welcome Our New BMSS Professionals! Serve Day 2019: Throughout October, BMSS’ Birmingham locations volunteered at several local nonprofits including, Christian Service Mission, Bundles of Hope, Grace’s Kitchen, Firehouse
Read More
As we approach the holiday season, it looks like enough of us have made the Nice List for the IRS to leave us some small gifts in our stockings for
Read More
As the end of 2019 approaches, you are likely giving consideration to year-end tax planning strategies. House Republicans and the Trump Administration are talking taxes, specifically a new tax cuts
Read More
IRS Notice 931, Deposit Requirements for Employment Taxes, https://www.irs.gov/pub/irs-pdf/n931.pdf lists requirements for depositing payroll taxes such as withheld federal income tax, Social Security and Medicare tax. If your company is
Read More
(This article is based on our annual year-end tax planning letter but has been modified to include aspects pertaining specifically to the construction industry. For the full tax planning letter,
Read More
Information is from the AICPA. Click here for full article. When implementing the standard, private company CPAs should consider the following: 1. Companies will be required to record a lease
Read More
According to IRS regulations, the personal usage of company cars by employees must be treated as taxable compensation income (and is subject to normal payroll taxes). In valuing this compensation,
Read More
In the upcoming months and years, numerous changes will go into effect in regards to the implementation of revenue recognition and lease accounting standards. Do not let these changes overwhelm
Read More
BMSS, LLC is proud to welcome nationally acclaimed, accounting industry expert and speaker, Michael Brand, to the firm as its newest member. A resident of Athens, AL, Brand received his
Read More
Client Login
Pay Bill
SuraLink