Stock Market: The Impact of Higher Interest Rates
On Dec. 16, the Federal Open Market Committee of the Federal Reserve Board announced that it was raising the target range for the federal funds rate from 1/4 percent to
Read MoreOn Dec. 16, the Federal Open Market Committee of the Federal Reserve Board announced that it was raising the target range for the federal funds rate from 1/4 percent to
Read MoreFinancial planning can be intimidating, but personal financial planning is more like a puzzle you have to work out. That’s because traditional finance assumes that markets are rational and that
Read MoreThe tax extender bill has passed and been signed by the president, giving individuals and businesses resolution on many items that were set to expire. Unlike earlier tax extender bills,
Read MoreBaby boomers continue to be a driving force in economic growth and innovation in the United States and throughout the world. In fact, people age 50 and older (which technically
Read MoreBefore year’s end, make sure you take advantage of tax deductions that are intended specifically to help reduce technology costs for small- and mid-sized businesses. Section 179 of the tax
Read MoreThe Department of Labor and the IRS have started looking at worker classification with greater scrutiny. This is coming in the form of specialized audits that are focusing on independent
Read MoreIn an effort to reduce the amount of fraud and abuse of the sales tax-exempt privilege, a new requirement has been implemented for statutorily exempt, non-governmental, non-profit entities. The statutorily
Read MoreIn March of 2013, Governor Bentley signed into law Act 2013-64, which is the Alabama Accountability Act (AAA) of 2013. The purpose of the Act is to fund scholarships for
Read MoreBMSS is pleased to announce its recently released ranking in Accounting Today’s List of “Best Accounting Firms to Work for.” BMSS takes the 8th spot on the mid-size list, making
Read MoreAs 2015 draws to a close, you may be giving consideration to possible year-end tax planning strategies. Taxpayers and their advisers engaged in year-end tax planning are challenged by the uncertainty of possible
Read MoreThe National Academy of Public Accounting Professionals (NAPAP) has selected Stephen Von Hagel, CPA, of BMSS, LLC in Birmingham as one of the 2015 “Top 10 Public Accounting Professional Rising
Read MoreLocal Top Five accounting and advisory firm BMSS announced its move to take part in Birmingham’s downtown renaissance by opening a new 3,000 square-foot satellite office at 300 Richard Arrington
Read More