By Dalton Bradshaw, CPA As the 2023 filing season has arrived, taxpayers may be considering options to reduce their tax liabilities. Due to the compressed…
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Some small businesses may be hit with a surprise tax bill related to Paycheck Protection Program (PPP) loans unless Congress acts soon. If you have…
Read More2020 has been a year filled with challenges and adversity like no other and has affected each and every one of us. The coronavirus global…
Read MoreAs the end of 2019 approaches, you are likely giving consideration to year-end tax planning strategies. House Republicans and the Trump Administration are talking taxes,…
Read MoreIRS Notice 931, Deposit Requirements for Employment Taxes, https://www.irs.gov/pub/irs-pdf/n931.pdf lists requirements for depositing payroll taxes such as withheld federal income tax, Social Security and Medicare…
Read More(This article is based on our annual year-end tax planning letter but has been modified to include aspects pertaining specifically to the construction industry. For…
Read MoreAccording to IRS regulations, the personal usage of company cars by employees must be treated as taxable compensation income (and is subject to normal payroll…
Read MoreWith all the changes made in the recently enacted tax reform legislation, we are committed to keeping you informed while providing you peace of mind….
Read MoreWritten by Bill Lorimer, CPA In the wake of the largest tax bill since the Tax Reform Act of 1986, business owners are trying to…
Read MoreDear BMSS Clients and Friends, As the end of 2017 approaches, you are likely giving consideration to year-end tax planning strategies. For the last several…
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