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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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HOW TO OVERCOME THE 5 BIGGEST FRUSTRATIONS BUSINESS OWNERS FACE
Written by Mike Kotsis, EOS Worldwide Freedom. Control of our own destiny. Making your mark on this planet. Financial wealth. Growth. More fun. These are a few of the many reasons why
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BMSS Manager Testifies Before the IRS on Behalf of the NACVA
Written by Dalton Hopper, CFE, CVA, ABV Recently, I had the opportunity to testify before the IRS in Washington, D.C. as a Standards Board member of the National Association of
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Beneficial Ownership Information (BOI) Reporting Update
If you’ve been paying attention to the news surrounding the beneficial ownership information (BOI) reporting requirement under the Corporate Transparency Act (CTA), then you know that it has undergone many
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How Executive Order 14173, “Ending Illegal Discrimination and Restoring Merit-Based Opportunity,” Affects Employer Responsibilities
Rebecca Tipton, SHRM-SCP, BMSS HR Advisory ServicesPutting the “Resource” in Human Resource Consulting Regardless of your particular political preference, I don’t think anyone could argue that these first few months
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Protecting Member Trust: Fortifying Credit Unions Against Cyber Threats
By Jonathan Perz (Abacus Technologies, Senior Security Analyst) In the evolving landscape of cybersecurity, credit unions are facing an unprecedented rise in cyberattacks, making it essential for them to bolster
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Leaving a Legacy for Future Generations
As the landscape of the professional services industry evolves, many private equity firms are investing in accounting and advisory firms and we want to take a moment to assure you
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Understanding SOC Reporting: A Beginner’s Guide
Written by Corbin Parker, CISA, Abacus Technologies Organizations are increasingly relying on third parties to handle financial transactions, customer data, and IT services. This reliance introduces the need for trust
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City Business License Renewal Deadlines Are Approaching
If you are an organization that conducts business within a city’s limits, depending on the nature of your business, you may be required to obtain a business license from the
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Using Data to Measure Morale
Written by Becca Riles, Business Intelligence Analyst, Abacus Technologies Did you know that using data to measure morale within a company is essential for several reasons? Morale refers to the
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BMSS Advisors & CPAs Welcomes Mobile, Alabama Office in Continued Growth Plan
As part of a planned growth strategy that will provide additional services and depth for firm clients, BMSS Advisors & CPAs is proud to expand into the Mobile and Eastern
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As 2025 Approaches, Uncertainty Lingers Over Enforcement of the Corporate Transparency Act
The drama surrounding the beneficial ownership information (BOI) reporting under the Corporate Transparency Act (CTA) has not taken a pause for the holidays and seems to be building for an
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