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IRS Commits to Ramp Up Partnership Audits

By: Cooper Melvin, CPA, JD In September 2023, the IRS announced a special subdivision of the Large Business and International Division will be dedicated to pass-through entity audits. Partnerships have

IRS Increases Oversight of ERC Program

Last week, the IRS issued an important news release, IR-2023-135 (click green link to read full release), announcing their heightened scrutiny of claims for the Employee Retention Credit (ERC) with

The Year Ahead in Hospitality: Embracing Opportunities, Mitigating Risk

Three years after the onset of the coronavirus pandemic, the hospitality industry, like others, is still recovering. Though 2022 saw some significant growth with a public eager to travel for

Changes to the 2023 Form 5500

The Department of Labor (DOL) released the final changes to Form 5500 relating to the September 2021 notice of proposed form revisions (NPFR) to amend Form 5500. The changes fall

Whistleblower Programs and Compliance: Enhancing Transparency and Accountability through Forensic Accounting

Written by Dalton Hopper, CFE, CVA Whistleblower programs and compliance initiatives have gained significant importance in recent years as organizations and governments strive to enhance transparency, ethical behavior, and accountability.

Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Written by Emily Riles, CPA After the tax and audit deadlines in April, many companies begin to prepare for their Employee Benefit Plan (EBP) Audit for their 401(k) plan, 403(b)

OFCCP Compliance Reviews for Government Contractors: Do You Know What to Expect?

Rebecca Tipton, SHRM-SCP BMSS HR Advisory Putting the “Resource” in Human Resource Consulting With the OFCCP’s recent release of its 2023 Corporate Scheduling Announcement List (CSAL), many government contractors may

Reasons to Consider Extending Your Tax Return

Written by Drew Nicol, CPA Tax season is upon us once again. Many taxpayers have begun closing out year-end books and started gathering documents in order to prepare for the

Biden Signs the Inflation Reduction Act of 2022

Written by Drew Nicol, CPA On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the Act) into law. This $740 billion bill is aimed at fighting

Inflation Reduction Act of 2022

By Dalton Bradshaw, CPA On July 27, 2022, Senate Majority Leader Charles Schumer and Senator Joe Manchin struck a deal to revive a Democratic reconciliation bill. The deal, coined “The

IRS Dirty Dozen List and Other Audit Triggers

Earlier this year, the IRS released its 2022 Dirty Dozen, the top twelve scams or potentially abusive transactions that could trigger an audit. This list is not exclusive and is

BMSS Presents: A Washington D.C. Update with AICPA’s Mark Peterson

Join us on Thursday, June 16th as Mark Peterson, Executive VP of Advocacy at the American Institute of CPAs (AICPA), provides an update from Washington D.C. Peterson provides global advocacy

IRS Commits to Ramp Up Partnership Audits

IRS Commits to Ramp Up Partnership Audits

IRS Increases Oversight of ERC Program

The Year Ahead in Hospitality: Embracing Opportunities, Mitigating Risk

Changes to the 2023 Form 5500

Whistleblower Programs and Compliance: Enhancing Transparency and Accountability through Forensic Accounting

Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

OFCCP Compliance Reviews for Government Contractors: Do You Know What to Expect?

Reasons to Consider Extending Your Tax Return

Biden Signs the Inflation Reduction Act of 2022

Inflation Reduction Act of 2022

IRS Dirty Dozen List and Other Audit Triggers

BMSS Presents: A Washington D.C. Update with AICPA’s Mark Peterson

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