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
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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
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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
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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
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(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,
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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
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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,
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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
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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
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Employees from BMSS’ Birmingham locations have been “working” outside the office over the past few months. They have been serving hands-on throughout the city with several nonprofit organizations. Throughout October,
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We are seeing an increase in compromised email accounts and hackers are using these compromised email accounts to submit fraudulent direct deposit requests to employers. The fraudulent direct deposit accounts
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On August 13th, BMSS hosted a keynote speaker and panel discussion about the different generations in the workplace and how to navigate the ins and outs of the different mindsets
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