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Cybersecurity and Phishing for Your Data
Today’s guest blogger is Brian Jackson, President & CEO of Abacus IT Solutions. Cybercriminals often use social engineering to convince you to install malicious software or hand over your personal
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Introducing Our New Wealth Services Firm, BMSS Wesson Wealth Solutions
BMSS, is pleased to announce the formation and launch of its new wealth services firm, BMSS Wesson Wealth Solutions. “Building a wealth services business has been a part of our
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Exempt or Non-Exempt? Employee Classifications: Are You Ready for an Audit?
Written by Kay Troupe, Director of HR Support Services, Payroll & Benefit Solutions What happens if you receive a letter from the Department of Labor (DOL) stating that you are
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Over-Reported Tax and Sales and Use Tax Audits
What you don’t know will cost you. Most companies are audited by state taxing authorities every four years and the outcome of each audit can be an unplanned assessment. Unfortunately,
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We made the Birmingham Business Journal list for Best Places to Work – AGAIN!
For the 11th year in a row, BMSS was named as one of the “Best Places to Work” by the Birmingham Business Journal. According to the announcement in the BBJ,
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Revised Lease Accounting Standards Issued
By Derrel Curry, CPA, CGMA $640 Billion. $956 Billion. $1.5 Trillion. These numbers are published estimates of the cumulative Balance Sheet impact of the revised lease accounting standards. They could
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Alabama House Approves state income tax credit for small businesses
New legislation was approved on Tuesday by the Alabama House of Representatives that would provide a state income tax credit to small businesses. The $1,500 tax credit is applicable for
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Tax Basics – What All 20 and 30 Somethings Need to Know
Whether you prepare your tax return yourself or hire a professional, there are certain things you should know. Often it is not until a person reaches their mid- to late
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BMSS NEWS
Welcome to the BMSS Team! BMSS would like to welcome the newest members to our sister companies! Caroline Raughley joined Abacus as a Business Development Representative and Michelle Ramage and
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Historic Tax Credits – Helping to Revitalize Alabama and Lower Your Taxes
In 2013, Alabama enacted the Historic Rehabilitation Tax Credit Program. The program provides developers with tax credits for rehabbing (as opposed to tearing down) historic properties. More than 30 states
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Firm News – January 2016
Happy New Year from all of us at BMSS. We’ve been busy as we kick off our 2016 tax season. To get you up to speed on the new items
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Tax Considerations When Delaying Social Security
The timing of when you take your Social Security can have a potentially significant impact on your overall tax strategy during retirement. While each person’s case is unique, delaying Social
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