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Champion In Your Corner
Written by Amy Stapler, CPA “Behind every small business, there’s a story worth knowing. All the corner shops in our towns and cities, the restaurants, cleaners, gyms, hair salons, hardware
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Closing the GAAP on Accounting Changes
Written by Derrel Curry, CPA, CGMA Several accounting and reporting changes are effective for your calendar year 2016 financial statements or your fiscal year-end 2017 financial statements, collectively referred to
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Rising Stars of Birmingham Business
Congratulations to Mark Underhill for being named one of the Birmingham Business Journal’s Rising Stars of Birmingham Business! Mark works primarily with privately held companies and their owners in the areas
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About Town: BMSS 25th Anniversary
BMSS, the largest locally-owned accounting firm in Birmingham, kicked off their 25th anniversary by inviting clients, employees and friends to a celebratory event at the historic Florentine Building in downtown
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BMSS to expand into Huntsville
Birmingham’s BMSS on Tuesday announced the firm is expanding its footprint into Huntsville, opening a new office located at 4245 Balmoral Drive. With nearly 100 clients in Northern Alabama and
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Post-Election Update
Clients and Friends, Any change in Presidential Administration brings the possibility, indeed the likelihood, of tax law changes and the election of Donald Trump as the 45th President of the United
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2016 Personal Use of a Company Automobile
Dear Clients, According to IRS regulations, the personal usage of company cars by employees must be treated as taxable compensation income (and is subject to normal payroll taxes). In valuing
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2016 Year-End Tax Planning Letter
Dear BMSS Clients and Friends, As 2016 draws to a close, you should give consideration to year-end tax planning strategies. This letter highlights some of the planning opportunities and challenges for
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SOC Reports – Building Trust and Providing Assurance
Written by Michael Eanes, CPA As technology continues to grow and affect each area of our lives and businesses, it becomes more and more important for technology and software companies to
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New Due Date for Filing with the SSA
The due date for filing 2016 Forms W-2, W-2AS, W-2CM, W-2GU, W-2VI, W-3 and W-3SS with the SSA is now January 31, 2017, whether you file using paper forms or
Read More Go Film Alabama!
Written by Mark Underhill, CPA All across the country, various state and local governments have been trying to lure film and entertainment companies to their location to produce their next
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Nonprofit Executive Compensation – How Do You Know If Your Organization Is In Compliance?
Written by Nick D’Alessandro, CPA Running the day-to-day business of a nonprofit (NFP) organization, takes both time and money and, with oversight from the government, an awareness of rules and regulations that
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