tax - BMSS, LLC

BMSS Promotes Two Employees, Joyce Rinaldi, CPA and Amy Stapler, CPA, to Member

Joyce joined the Huntsville team in 2013 and is currently a Member in Client Accounting Solutions (CAS). Her specific expertise lies in providing virtual CFO solutions as well as assisting

Build Back Better Act’s Proposed Tax Changes on Indefinite Hold

A few days before Christmas, West Virginia Democratic Senator Joe Manchin announced on both Fox News Sunday and his website that he would not support the Build Back Better Act (BBBA), President

Important Information Regarding 2021 Personal Income Tax Returns

IRS Issuing Information Letters to Advance Child Tax Credit Recipients and Recipients of the Third Round of Economic Impact Payments On December 22, 2021, the IRS announced that it will

How to Repay Q4 Employee Retention Credit (ERC)

By Cooper Melvin, JD If you received an advance payment of the employee retention credit for the fourth calendar quarter of 2021, you might have to repay the amount received.

BMSS’ 2021 Year-end Tax Planning Letter

2021 has been a year filled with recovery from the pandemic and economic hardships of 2020. As many of the tax breaks legislators provided during the pandemic come to an

Update on the Build Back Better Act

By Cooper Melvin, JD As discussed elsewhere in this Beyond the Bottom Line, the Infrastructure Investment and Jobs Act became law on Monday, November 15th. The other key component of

Update on the Infrastructure Investment and Jobs Act

By Dalton Bradshaw, CPA After months of debates and concessions, the Infrastructure Investment and Jobs Act (the “Act”) was passed by Congress on November 5, 2021. On Monday of this

Your Alabama Tax License Renewal is Due December 31, 2021

Beginning November 1, 2020, taxpayers are required to renew their State of Alabama Tax License on an annual basis. 2022 License Renewal Due Date: 12/31/2021 The My Alabama Taxes (MAT)

BMSS Presents: Year-End Tax Planning Webinar

Please join us as we discuss tax planning strategies for you to consider as the end of 2021 approaches. Through our membership in the BDO Alliance USA, we are very

Are You Taxed As a Partnership? Matters for You to Consider

For our clients and friends operating as business entities taxed as partnerships, we want to bring a few matters for your attention, including: IRS launches large partnership audits, Periodic reviews

Business Personal Property Tax Reminder

It’s time for Business Personal Property Tax Returns! Keep an eye on your mail for the 2022 tax year return from your county, and your OPPAL pin for online filing.

Your Alabama Unclaimed Property Report is Due November 1, 2021

If your company or organization holds unclaimed property with situs in Alabama, you must file an annual report with the State of Alabama Treasurer’s Office. This report covers property that is

BMSS Promotes Two Employees, Joyce Rinaldi, CPA and Amy Stapler, CPA, to Member

BMSS Promotes Two Employees, Joyce Rinaldi, CPA and Amy Stapler, CPA, to Member

Build Back Better Act’s Proposed Tax Changes on Indefinite Hold

Important Information Regarding 2021 Personal Income Tax Returns

How to Repay Q4 Employee Retention Credit (ERC)

BMSS’ 2021 Year-end Tax Planning Letter

Update on the Build Back Better Act

Update on the Infrastructure Investment and Jobs Act

Your Alabama Tax License Renewal is Due December 31, 2021

BMSS Presents: Year-End Tax Planning Webinar

Are You Taxed As a Partnership? Matters for You to Consider

Business Personal Property Tax Reminder

Your Alabama Unclaimed Property Report is Due November 1, 2021

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