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An Overview of the Infrastructure Investment and Jobs Act

Written by Dalton Bradshaw, CPA Supervisor After passing a House vote in July, H.R. 3684, originally introduced as the “Investing in a New Vision for the Environment and Surface Transportation

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Uncertainty Adds Urgency: Potential for Tax Increases Impacts M&A Transactions

Most business owners will buy or sell a company only once in their lifetime. It’s a pivotal moment in the lifecycle of any business as well as for the owner

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BMSS Presents: Hiring & Retaining Your Workforce Post-Pandemic

Now that the economy is recovering from the COVID-19 pandemic and people are venturing back out into the world to resume in-person activities, the demand for a strong workforce is

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Tax Credits for COVID-19 Shots

In March, the Biden Administration signed the American Rescue Plan Act of 2021 (ARP), extending the availability of the Emergency Paid Sick Leave (EPSL) tax credit and the Emergency Family

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The Shuttered Venue Operators Grant (SVOG) Program

If you are a business that relies heavily on events such as a theater, museum, or other live venue operator, there is an opportunity for you to apply for grants

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House Passed the American Rescue Plan Act of 2021

House Passed the $1.9 Trillion Bill after Revisions by the Senate The House passed the final version of the American Rescue Plan Act of 2021 this afternoon with a vote

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American Rescue Plan Act of 2021 Heads Toward House Vote in Days

On Monday, the House Budget Committee advanced President Joe Biden’s $1.9 trillion pandemic-relief legislation, setting it up to pass the lower chamber by the end of this week. The panel

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BMSS Presents: Understanding How to Maximize the Employee Retention Tax Credit

The Employee Retention Credit (ERC) under the CARES Act encourages businesses to keep employees on their payroll. Join us on March 4th as we discuss the complexities of this credit

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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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Update on COVID-19 Employment Tax Credits, including the Release of Form 7202

Form 7202, Credits for Sick Leave and Family Leave for Certain Self-Employed Individuals On Tuesday, February 8, the IRS announced that a new form is available for eligible self-employed individuals

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Update on Biden Administration’s COVID-19 Relief Plan

Congressional committees are crafting legislation this week on specific components of President Joe Biden’s $1.9 trillion COVID-19 relief plan, the American Rescue Plan. These developments come after votes in the

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BMSS Presents: A State and Federal Economic Update

Join us as Business Council of Alabama (the state’s most powerful and effective advocate for business) President & Chief Executive Officer Katie Britt provides an update on the business climate

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