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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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Federal 941 Payroll Tax Lookback Procedures
IRS Notice 931 (Rev. September 2025), Deposit Requirements for Employment Taxes, lists requirements for depositing payroll taxes such as federal income tax, social security and Medicare tax. If your company
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Your Alabama Tax License Renewal is Due December 31, 2025
Beginning November 1, 2020, taxpayers are required to renew the State of Alabama Tax License annually. 2026 License Renewal Due Date: 12/31/2025 The My Alabama Taxes (MAT) website provides the
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Beyond the Sale: Strategic Drivers for Business Valuations
Business valuations are often equated with selling a company, but in practice, transactions represent only a fraction of the demand for these services. For estate planners, attorneys, and family business
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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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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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2024 BMSS Year-End Tax Planning Letter
As we approach the end of 2024, it’s essential to plan ahead to ensure that you are well-prepared for the upcoming tax season. Whether you’re an individual, a business owner,
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FLSA Salary Exemption
Written by Rebecca Tipton, SHRM-SCP BMSS HR AdvisoryPutting the “Resource” in Human Resource Consulting Three months have passed since the first update to the FLSA exemption salary thresholds for the
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Business License Requirements – Alabama
October is almost here, marking the start of the Alabama State and County Business Privilege license season. What is a Business Privilege License? Business Privilege Licenses are exactly what they
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Unclaimed Property for Businesses
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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The EOS Process
At BMSS, we are honored to be able to help companies get on the same page with their Vision and help develop the discipline to achieve that Vision. EOS has
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2023 BMSS Year-End Tax Planning Letter
As we approach the end of 2023, it’s essential to plan ahead to ensure that you are well-prepared for the upcoming tax season. Whether you’re an individual, a business owner,
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