Pay Bill
Tax Season 2026 is Here: What Do You Need to Know?
With tax season now underway, many of our clients are asking the same question: What do I need to know to make this process go smoothly? For most of the
Read More 
Q1 2026 Construction Tax Planning: Maximizing OBBBA’s New Depreciation Rules
In summary: The One Big Beautiful Bill Act (OBBBA) offers construction companies significant new tax planning opportunities in 2026, including permanent 100% bonus depreciation, expanded Section 179 limits, and a
Read More
Outlook for the Oil & Gas Industry Following Venezuela & Maduro
In Summary: Despite holding the world’s largest proven crude oil reserves, Venezuela currently produces less than 1% of global oil supply due to decades of nationalization, mismanagement, and political interference.
Read More
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
Read More
Trump Accounts: Childhood Savings Just Got YUGE
Written by Sarah Shirley, BMSS Supervisor Move over, piggy banks! The One Big Beautiful Bill Act (OBBBA) introduces a new way for kids to save, and it’s making quite the
Read More
Nonprofit Annual Report Filing Requirement in Mississippi
Written by Maura McDevitt, CPA, CNAP BMSS Member Remember to file your Mississippi annual report! The window opened on January 1, 2026 and will close May 15, 2026. Last year
Read More
Meal Deductibility Changes Under the OBBBA
With the recent passage of the One Big Beautiful Bill Act (OBBBA), important changes to meal deductibility will take effect beginning in 2026. As your accounting advisors, we want to
Read More
Alabama Childcare Tax Credits (2025–2027) – Opportunities for Employers and Childcare Providers
Alabama enacted tax incentives beginning in 2025 to expand childcare capacity and support workforce participation. The program includes (1) an Employer Child Care Tax Credit, and (2) a Child Care
Read More
Alabama Rural Hospital Investment Tax Credit (2026-2028) – Planning Opportunity Starting in 2026
Alabama has enacted a Rural Hospital Investment Tax Credit that can provide a dollar-for-dollar Alabama tax credit for cash donations to Board-approved, eligible rural hospitals or certain approved third-party entities
Read More
BMSS Family of Companies Presents: Cybersecurity in 2026 – Threat Landscape, Vulnerability Management and Securing AI
Join us for a timely cybersecurity update focused on today’s evolving threat landscape and what it takes to build a proactive, resilient security program. The session will also bridge third-party
Read More
BMSS Family of Companies Takes Top Spot Among Large Companies – Best Companies to Work for in Alabama
Each year, Business Alabama, in partnership with the Best Companies Group, conducts a comprehensive employee survey to identify the best places to work across the state. This year, forty organizations
Read More
Social Security Wage Base Update
The wage base limit is the maximum wage that’s subject to Social Security tax for that year. In 2025, the Social Security Wage base was $176,100 and is increasing to
Read More