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Maximize Your Tax Savings and Make a Positive Impact: Work Opportunity Tax Credit

Written by Sarah Shirley Ever since the world seemingly stopped during the COVID-19 pandemic, people everywhere have started placing greater importance on making a positive impact in the world and

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The Advanced 2021 Child Tax Credit

Many of you may have received a letter from the IRS regarding the Advanced 2021 Child Tax Credit. As part of the American Rescue Plan Act, an increase in the

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Treasury’s Green Book Provides Details on the Administration’s Tax Proposals

On Friday, May 28, 2021, the Treasury Department issued the “General Explanations of the Administration’s Fiscal Year 2022 Revenue Proposals.” Also known as the “Green Book,” the 114-page document is

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Work in the Architecture/Engineering Industry? The R&D Tax Credit Could Apply to You.

  Written by Ross Mendheim, CPA Last year, BMSS posted an article about the Research and Development (R&D) Tax Credit and the benefits of discovering if you are eligible for

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New Job-Related Tax Credits Available in Alabama

Written by Karen Poist, CPA As tax season begins again for another year, it’s time to think about your company’s available tax credits.  Two new job-related Alabama tax credits for

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