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Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Written by Emily Riles, CPA After the tax and audit deadlines in April, many companies begin to prepare for their Employee Benefit Plan (EBP) Audit for their 401(k) plan, 403(b)

Employer Benefit Compliance: Are You Covered?

Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Services Many people might not realize, but April 6th is National Employee Benefits Day, a day to celebrate and embrace the

Three Lessons Every Business Can Learn from the Silicon Valley Bank Collapse

Written by Dalton Hopper, CFE, CVA At first glance, it was believed that the collapse of Silicon Valley Bank (SVB) would be an isolated event. However, in the days after

Cybersecurity Protects Profits

By Jonathan Perz, Senior Security Analyst, Abacus Technologies Rarely do companies get to see the actual bottom-line value of cybersecurity. It always manifests as a cost or expense on the

Incurred Cost Submissions Are Just Around the Corner – Are You Ready?

Written by Becky Ramsey, Senior Government Contracts Consultant One of the requirements that government contractors face is the preparation of an Incurred Cost Submission. Especially if you are new to

Three Key Supply Chain Management Questions for 2023

Three Key Supply Chain Management Questions for 2023 Manufacturers will continue to face supply chain headwinds in 2023, a cause for concern following a turbulent few years. Economic uncertainty, supply

Maximizing Tax Benefits of Transaction Costs

Whether related to an acquisition, merger, restructuring, reorganization, initial public offering or spin-off, the costs paid by companies to service providers such as investment bankers, attorneys, accountants and consultants to

Five FAQs about Embedded Leases

#1: What is an Embedded Agreement? According to ASC 842, a contract contains a lease if, “the contract conveys the right to control the use of identified property, plant, or equipment

The Difference One Word Makes

Written by Dalton Hopper, CFE, CVA There are few situations in which one word can make all the difference. In this example, we’re examining the difference between fair market value

Reporting a Change in Responsible Party: What It Means for Your Tax-exempt Organization

Written by Whitney Roberson, CPA IRS regulations require any entity with an EIN to update responsible party information within 60 days of any change by using Form 8822-B. You may

Potential Tax Benefits of Distributions in 2023 for Trusts and Estates

By Dalton Bradshaw, CPA As the 2023 filing season has arrived, taxpayers may be considering options to reduce their tax liabilities. Due to the compressed tax brackets for trusts and

Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Employee Benefit Plan Audits: Common Deficiencies and Keys to Success

Employer Benefit Compliance: Are You Covered?

BMSS Announces New Scholar in Residence Steve Platau

Three Lessons Every Business Can Learn from the Silicon Valley Bank Collapse

Cybersecurity Protects Profits

Incurred Cost Submissions Are Just Around the Corner – Are You Ready?

Three Key Supply Chain Management Questions for 2023

Maximizing Tax Benefits of Transaction Costs

Five FAQs about Embedded Leases

The Difference One Word Makes

Reporting a Change in Responsible Party: What It Means for Your Tax-exempt Organization

Potential Tax Benefits of Distributions in 2023 for Trusts and Estates

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