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Unclaimed Property for Businesses
Did you know that businesses are required to report unclaimed or abandoned property to the state of the owner’s last known address as shown on a company’s books or in
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FTC Final Rule Banning Noncompete Agreements Approved
Written by Rebecca Tipton, SHRM-SCP BMSS HR AdvisoryPutting the “Resource” in Human Resource Consulting The FTC initially announced its proposal to issue a final rule banning noncompete agreements over a
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Using Data to Measure Morale
Written by Becca Riles, Business Intelligence Analyst, Abacus Technologies Did you know that using data to measure morale within a company is essential for several reasons? Morale refers to the
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10 Best Practices for Road Builders
In a presentation to our construction industry niche group, Robert Davidson presented his top 10 list of the most common causes of contractor failure as well as his 10 best
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Ten Most Common Causes of Contractor Failure
CFMA Article written in 1986 by Robert Davidson and Danny Parrish In a presentation to our construction industry niche group, Robert Davidson presented his top 10 list of the most
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New Streamlined Exemption Certificate Procedure for Tax-Exempt Construction Projects – How It’s Working So Far
A discussion about the new streamlined process for applying for a project-specific exemption certificate was presented to BMSS in a memo written by Bradley Partners, Bruce P. Ely and James E.
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CECL for Nonprofits Is Here – Helping You Prepare
Nonprofits have endured the challenges of adopting several new accounting standards over the last several years. Now, after a lengthy deferral period, the Financial Accounting Standards Board (FASB) Accounting Standards
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The EOS Process
At BMSS, we are honored to be able to help companies get on the same page with their Vision and help develop the discipline to achieve that Vision. EOS has
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Beneficial Ownership Interest (BOI) Challenged in Court
Written by Steven M. Platau, J.D., CPA The Corporate Transparency Act requires many newly formed entities in 2024 to make a Beneficial Ownership Interest (BOI) filing with the Treasury Department’s
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State Charitable Solicitation Registrations and Other Filing Requirements
Did you know that states have their own laws requiring charitable organizations to register or file financial information? Most charitable organizations are aware of charitable solicitation registration requirements but may
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New Requirement to Cover Long-Term Part-Time Employees in 401(k) Plans Enters Into Effect
The Setting Every Community Up for Retirement Enhancement Act of 2019 (SECURE Act of 2019) and the SECURE 2.0 Act of 2022 (collectively, SECURE) enacted a new mandate that, starting
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E-Verify Reporting Requirements
What is E-Verify? E-Verify is an Internet-based system that allows employers to confirm newly hired employees are legally authorized to work in the United States. The E-Verify system compares information
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