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FLSA Salary Exemption
Written by Rebecca Tipton, SHRM-SCP BMSS HR AdvisoryPutting the “Resource” in Human Resource Consulting Three months have passed since the first update to the FLSA exemption salary thresholds for the
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Business Personal Property Tax – Looking Forward
It’s that time of year again, Alabama Business Personal Property Tax Returns are quickly approaching! Take a look below at some of the things to start thinking about in the
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Employee Retention Credit Update
Written by Christi Frassrand For the third time in as many months, the IRS recently gave another update on the processing of Employee Retention Credit (ERC) claims and announced that
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Estate Exemption Sunset Reminder
By Cooper Melvin, JD, CPA In 2026, the increased estate tax exemption is expected to revert to its pre-2018 amount of $5 million adjusted for inflation. It is expected to
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Update on the DOL’s FLSA Minimum Salary Rule
Article provided by Payroll & Benefit Solutions (PBS) Update: The U.S. District Court for the Northern District of Texas on July 1 declined to block the new overtime rule nationwide.
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Intuit Payroll Updated Payroll Tax Withdrawals & Terms of Service
What’s changing?Intuit is changing how they handle payroll taxes for customers with taxes automatically paid and filed by QuickBooks. Instead of withdrawing them when due, they’ll withdraw them every time
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Fortifying Futures: How the U.S. Supreme Court Changes the Way We Navigate Life Insurance and Buy-Sell Agreements
Written by Dalton Hopper, CFE, CVA Two brothers, Michael and Thomas Connelly, were owners of Crown C Supply, a building supply company in St. Louis, Missouri. The two brothers entered
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BMSS Presents: An Ethics Update with Steve Platau
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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BMSS Presents: An Accounting & Auditing Update
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. Register Now
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New DOL Regulations May Bring Clarity to ESOP Valuation Process
While a legal framework for employee stock ownership plans (ESOPs) was established by the Employee Retirement Income Security Act of 1974 (ERISA), formal guidance for determining the fair market value
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Upcoming Intuit Product Updates – Updated June 28, 2024
Intuit has announced several product updates coming up over the next year or so. If you use QuickBooks Desktop, this may impact you! Intuit made a decision that after September
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Balancing Act: Navigating the Promise and Pitfalls of AI and Emerging Technologies
Emerging technology and artificial intelligence present exciting opportunities in virtually every industry and field. From automating time-consuming, manual processes to generating information from a simple line of text, the potential
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