Last month the IRS released a revised Publication 5319, the Large Business and International (LB&I) Focus Guide for fiscal year 2022. In recent editions of…
Read MoreOur experience at BMSS over the last three to four years is that we have seen fewer examinations of taxpayers than we did in the…
Read MoreBy: 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…
Read MoreIn the last Beyond the Bottom Line newsletter, BMSS briefly discussed the Advance Child Tax Credit under the American Rescue Plan enacted in March 2021….
Read MoreOne week ago, President Biden outlined a massive $2 trillion infrastructure proposal to address some of the issues that his administration consider to be the…
Read MoreWhen the Paycheck Protection Program (PPP) was introduced as part of the CARES Act in March, the law provided that any loan forgiveness would not…
Read MoreThe IRS released FAQs on Sec 2302 of the CARES Act, Delay of Payment of Employer Payroll Taxes. This provision generally provides that employers may…
Read MoreLate 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…
Read MoreMuch 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)…
Read MoreAs we approach the holiday season, it looks like enough of us have made the Nice List for the IRS to leave us some small…
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