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BMSS Presents: A Real Estate Industry Update
Join us for a real estate industry webinar, where leading tax experts from BMSS and McGuire Sponsel will share insights to help you navigate today’s dynamic market with confidence. Tailored
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Do You Have Unclaimed Property to Report?
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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LLC vs. S-Corp: What’s the Difference, and Which One is Right for Your Business?
Written by Sarah Shirley, Supervisor When it comes to choosing a business structure, it’s easy to feel overwhelmed by the acronyms and fine print. Whether you’re starting a new company
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IRS Releases Updated FAQs to Provide Guidance on Employee Retention Credit (ERC) Taxability
With the deadline for submitting Employee Retention Credit (ERC) claims now closed, the IRS is working through approximately 597,000 outstanding claims. As a result, businesses are receiving either reimbursement payments
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BMSS Advisors & CPAs Member, Jan Lewis, CPA, CGMA, Elected Vice Chair of the AICPA
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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Are You Preparing to Sell Your Business?
Selling a business is one of the most significant transitions a business owner can face. Unfortunately, many approach this milestone without the strategic planning needed to achieve their desired terms
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Navigating the First 100 Days: A Recap of Recent Tariff Actions
As President Trump marks his first 100 days in office, both domestic and global markets are grappling with the sweeping changes brought by his administration’s tariff policies. From newly imposed
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The Importance of Portfolio Diversification
The recent tariffs announcement on April 2nd had a significant effect on the public U.S. stock market. However, other areas of the market were affected less severely, while some areas
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Fishing For Your Tech Stack:
The Challenge Of Choosing The Right Technology For Your Organization Written by Walter Branning, Abacus Technologies Hints Of Spring Hints of spring are in the air, crisp mornings warming to
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New Nonprofit Annual Report Filing Requirement in Mississippi
Written by Maura McDevitt, BMSS Member A deadline is approaching on May 15, 2025 for all nonprofit corporations in Mississippi. This is a deadline that many nonprofit corporations have not
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How Tariffs Will Impact Crude Oil Prices and What This Means for Consumers
Written by Steven Eilders, CPA, BMSS Manager Gas prices are a hot topic in the news right now – but many consumers find themselves overwhelmed by all of the changing
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Updating Responsible Party Information with the IRS
Organizations and businesses with an Employer Identification Number (EIN) are required to file Form 8822-B within 60 days of a change in their responsible party. This form is also used
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