Social Security Wage Base Update
The wage base limit is the maximum wage that’s subject to Social Security tax for that year. In 2025, the Social Security Wage base was $176,100 and is increasing to
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The wage base limit is the maximum wage that’s subject to Social Security tax for that year. In 2025, the Social Security Wage base was $176,100 and is increasing to
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IRS Notice 931 (Rev. September 2025), Deposit Requirements for Employment Taxes, lists requirements for depositing payroll taxes such as federal income tax, social security and Medicare tax. If your company
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The accounting profession is undergoing a transformation. As artificial intelligence (AI) automates routine tasks and clients increasingly expect proactive, strategic guidance, the firms that will thrive are those investing in
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BMSS Advisors & CPAs is proud to share that Member, Jan Lewis, CPA, CGMA has been named an Honoree in the 2025 Global Women to Watch in the Experienced Leaders
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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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BMSS Advisors & CPAs is proud to announce that longtime Member, Jan Lewis, CPA, CGMA, has been elected as Vice Chair of the Board of Directors of the American Institute
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With the new CPE year just beginning, fulfill your Alabama Ethics requirement by joining us as Steve Platau discusses professional ethics and what that means for the accounting profession. This
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Please join us for our annual accounting and auditing update, featuring up-to-date assurance topics and trends in the evolving accounting industry, led by Steve Platau.
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In today’s ever evolving world of accounting guidance and regulatory compliance, it’s more important than ever to stay on top of what standards have been issued by the Financial Accounting
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Written by Gina McDonald, BDO, USA, P.C. Decades of innovation have transformed the finance office from a mindset of processing transactions to one of strategic financial management. But even with
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Effective December 1, 2023, renowned Mississippi CPA and Advisory firm, Haddox Reid Eubank Betts PLLC (Haddox Reid), merged with top Alabama firm, BMSS Advisors & CPAs. Consolidated under the name
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Alabama recently updated the state-level sales tax rate on food, reducing it from 4% to 3%, effective September 1, 2023. This does not affect local jurisdiction rates such as city
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