Recent News

Personal Property Tax Compliance: Eight Frequently Missed Issues That Can Lead to Overpayments

Don’t let confusion about constantly shifting policies surrounding state and local tax cause you to pay more than you owe in personal property tax. Understanding these eight streamlined principles can help

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Wayfair’s Impact on Business

Updated August 15, 2019 If you’re a business owner and don’t know what the Wayfair ruling regarding sales tax filing requirements means for you, you could be collecting and remitting

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Government Contractors: Expect an Uptick in Business System Reviews

Government contractors should be prepared to see an increase in focus on business system reviews by the Defense Contract Audit Agency (DCAA) and the Defense Contract Management Agency (DCMA) in

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Initial Opportunity Zones Takeaways from the IRS’ Most Recent Release

Read these quick facts about the IRS’ additional guidance relating to investments in Opportunity Zones.

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CPSR: Not Just Another Four-Letter Word

Need to know what Contractor Purchasing System Review (CPSR) is and why it’s important? Look no further.

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Growing with Intention While Maintaining Signature Exceptional Client Experience

Over the past nearly three decades, BMSS has experienced tremendous client growth in addition to an expansion of its Alabama footprint. We’ve changed our name, launched a new website and

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Small Business Runway Extension Act of 2018

Read here to find out how the newly signed Small Business Runway Extension Act may impact government contractors’ small-business status and to discover potential challenges to the new law’s implementation.

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Nonprofit Newsflash – Winter 2019

Read our Winter 2019 Newsletter and learn about the impact the Wayfair Supreme Court Decision has on nonprofit organizations, funding innovation in the nonprofit sector, how to address generational workforce

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Cherion Sibley, CPA, CFP® Named an Accredited Estate Planner® Designee

BMSS Member Cherion Sibley is newly certified as an Accredited Estate Planner® (AEP®) designee by the National Association of Estate Planners & Councils (NAEPC). Read the press release here.

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Meet Your Sales Tax Filing Requirements

Are you worried about your company meeting its sales tax filing requirements? Our BMSS State & Local Tax (SALT) Services Group is here to help you. Find here a visual guide

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Opportunity Zones: An Update on the Land of OZ

Tax free. These are two words you don’t often hear together. To learn about the incentives that exist for Opportunity Zone investors, click here.

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Improper Labor Category Classification is Dangerous

  Did you know companies can be audited by the U.S. government for labor category qualification compliance? Read here about how BMSS can help you avoid improper classification and potential reparations.

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