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Breaking Down Barriers—and Siloes: Addressing Leadership Challenges in a Remote Environment

By: Barbara Finke, BDO USA Are you tired of the “new normal,” logging into yet another virtual meeting and hoping your internet will hold out for your key presentation? Or

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Alabama Legislation Update

On Friday, February 12, Governor Kay Ivey signed three bills into law which include provisions that have a significant impact on businesses operating in Alabama, and also impact individual taxpayers

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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. 

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The Current State of the PPP: What You Need to Know Now About Your Loan

            The Paycheck Protection Program, which was established by the CARES Act, was created to provide small businesses with funds to provide coverage of payroll

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IRS Issues Guidance for Deferral of Certain Employee Payroll Tax in Light of the Ongoing COVID-19 Pandemic

On Friday, August 28, 2020, the IRS issued a news release announcing that Notice 2020-65 had been issued to provide guidance to implement the Presidential Memorandum issued on August 8,

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IRS: Deadline to Return Distributions to Retirement Accounts is August 31

The Internal Revenue Service today reminds IRA owners, beneficiaries or workplace retirement plan participants who received a Required Minimum Distribution (RMD) this year that they have until Aug. 31 to

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Presidential Order Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster

On August 8, President Trump issued a memorandum to the Secretary of Treasury entitled “Deferring Payroll Tax Obligations in Light of the Ongoing COVID-19 Disaster.” The payroll tax deferral in this

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BMSS Presents: Helping Distressed Businesses Recover from COVID-19 Webinar

Please click here to register.  Join us as our panelists share actions businesses should be taking to recover from the effects of COVID-19. This will be a great webinar for

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Senate Passes the Paycheck Protection Program (PPP) Flexibility Act of 2020

Late Wednesday, the Senate passed the House version of the Paycheck Protection Program (PPP) Flexibility Act of 2020 which triples the time period for PPP borrowers to spend the funds

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Another Opportunity to Receive PPP Funding is Now Available

The Paycheck Protection Program loan portal reopened at 9:30 a.m. CST today, April 27. If you have already worked with a lender but were not approved before the first allocation

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Provisions Affecting Retirement Plan Distributions and Loans in the Coronavirus Aid, Relief, and Economic Security Act (CARES Act)

The recently enacted Coronavirus Aid, Relief, and Economic Security Act (CARES Act) includes several provisions affecting retirement plan distributions and loans related to the COVID-19 virus that are discussed below. Distributions: Eligible individuals

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Important Update on the Loan Forgiveness Phase of the PPP

If you are participating in the Paycheck Protection Program (PPP) and have received your funding, it is likely you have questions about the second phase of the program – loan

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