BMSS Presents: An Update for the Manufacturing & Distribution Industry within the COVID-19 Environment

Please join us as our panelists discuss the latest developments in the manufacturing and distribution industry precipitated by the COVID-19 crisis. We are honored to have Huntsville’s Mayor, Tommy Battle, as

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BMSS Presents: Loan Forgiveness within the Paycheck Protection Program

BMSS Presents: Loan Forgiveness within the PPP Please join us as we discuss updated information and what we know so far regarding the loan forgiveness option under the Paycheck Protection

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BMSS Presents: Re-Opening the Economy Featuring Congressman Palmer

Please join us for our next webinar in our COVID-19 webinar series. We are excited and honored to announce that Congressman Gary Palmer will be the keynote speaker for our

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Good News for PPP Loan Recipients Regarding Deferral of Payroll Taxes

The IRS released FAQs on Sec 2302 of the CARES Act, Delay of Payment of Employer Payroll Taxes. This provision generally provides that employers may defer the deposit and payment

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Important Notice Regarding Legal Implications for Clients Who Have Applied for Loans from the PPP

The accounting, tax and general business implications of COVID-19 is a rapidly evolving situation. BMSS will provide an update and/or revised information as it becomes known to us and we

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IRS Issues Additional Relief Measures

Late Thursday afternoon (April 9), the IRS issued News Release 2020-66, in which they announced that Notice 2020-23 extends additional key tax deadlines for individuals and businesses. The notice, which

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IRS & ADOR Operations – Beyond the Postponement of Payments and Filing until July 15

Much attention has already been given to the postponement from April 15 to July 15 of certain payments of tax and filings. The Internal Revenue Service (IRS) announced this postponement in Notice

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Most Recent Update on the Paycheck Protection Program

Almost one week ago, the Paycheck Protection Program (PPP) created under the CARES Act was launched by the Small Business Administration and banks across the country. The rollout of this

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BMSS Presents: An Update for the Construction Industry within the COVID-19 Environment

Please join us as BMSS professionals discuss the latest developments in the construction industry precipitated by the COVID-19 crisis. To reserve your space in this webinar, you MUST register at this

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Update on SBA Paycheck Protection Program for Individuals & Business Owners

Last night, the SBA released FAQs on the Paycheck Protection Program (PPP). These FAQs are linked here for your reference. Below are some highlights showing clarifications organized by question number

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BMSS Presents: An Update for Governmental Entities within the COVID-19 Environment

Please join us as we discuss how COVID-19 is impacting governmental entities. To reserve your space in this webinar, you MUST register at this link. After you register, you will receive

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Important Update on the Paycheck Protection Program

In the latest effort to help small businesses and individuals, the CARES Act was announced last week. This past Wednesday, the Treasury Department provided the application with a subsequent revision

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