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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

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

Alabama 2024 Annual Report Changes

For corporate entities registered with the Alabama Secretary of State (ALSOS), beginning January 1, 2024, the ALSOS Corporation Annual Report is no longer reported with the Annual Business Privilege Tax

Whistleblower Programs and Compliance: Enhancing Transparency and Accountability through Forensic Accounting

Written by Dalton Hopper, CFE, CVA Whistleblower programs and compliance initiatives have gained significant importance in recent years as organizations and governments strive to enhance transparency, ethical behavior, and accountability.

OFCCP Compliance Reviews for Government Contractors: Do You Know What to Expect?

Rebecca Tipton, SHRM-SCP BMSS HR Advisory Putting the “Resource” in Human Resource Consulting With the OFCCP’s recent release of its 2023 Corporate Scheduling Announcement List (CSAL), many government contractors may

Biden Signs the Inflation Reduction Act of 2022

Written by Drew Nicol, CPA On August 16, 2022, President Biden signed the Inflation Reduction Act of 2022 (the Act) into law. This $740 billion bill is aimed at fighting

Update on the Alabama Electing Pass-Through Entity Tax Act Enacted During 2021

[The summary information below is not complete and is for informational purposes only. The information is not intended to be, nor should it be, construed or used as tax advice

BMSS’ 2021 Year-end Tax Planning Letter

2021 has been a year filled with recovery from the pandemic and economic hardships of 2020. As many of the tax breaks legislators provided during the pandemic come to an

Understanding Excludable Fringe Benefits

By: Cooper Melvin J.D., Staff Accountant Recent news has brought a focus on employer-provided fringe benefits and the consequences to employees and businesses if accounting is improper. Compliance with accounting

DCAA Audits Post COVID-19

Government contracting is a highly regulated business. Compliance with the legislation and regulations on how to do business with the U.S. Government allows contractors to continue working with the government.

EBP Audits – Does Your Plan Require an Audit? If So, How Can You Prepare?

Written by Ashley Caldwell, CPA A retirement plan is a great benefit to provide for your employees in a world where there is much uncertainty surrounding Social Security. According to

Protecting Member Trust: Fortifying Credit Unions Against Cyber Threats

Protecting Member Trust: Fortifying Credit Unions Against Cyber Threats

Understanding SOC Reporting: A Beginner’s Guide

Alabama 2024 Annual Report Changes

Whistleblower Programs and Compliance: Enhancing Transparency and Accountability through Forensic Accounting

OFCCP Compliance Reviews for Government Contractors: Do You Know What to Expect?

Biden Signs the Inflation Reduction Act of 2022

Update on the Alabama Electing Pass-Through Entity Tax Act Enacted During 2021

BMSS’ 2021 Year-end Tax Planning Letter

Understanding Excludable Fringe Benefits

DCAA Audits Post COVID-19

EBP Audits – Does Your Plan Require an Audit? If So, How Can You Prepare?

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