Himmelwright, Huguley & Boles is now Barfield, Murphy, Shank & Smith
Relationships matter to us. We take on your challenges as if
they were our own. You’re not just an item on our to-do list…
you’re an extension of the BMSS family.
Did you know that we have clients with operations in all 50 states? Coast to coast, we have the experience to help you navigate the vast array of state and local tax laws.
With more businesses expanding into the global market, we can draw upon our network of internal and external resources to assist clients with needs that expand beyond our borders.
IRS Chief Counsel, in a Technical Advice Memorandum (TAM), has determined that long-term construction contracts requiring grading and soil compaction of the pad area necessary to construct home foundations qualified for the completed-contract method of accounting. As such, the taxpayer would only recognize any profit on the completion of the contract. Take away. Generally, long-term […]
Written by: Brad Brown, CPA It is hard to believe that 2016 is drawing to a close. The new year will be here before we know it, but there is still time to take some last minute steps to reduce your 2016 tax liability. Here are seven ideas to consider – just be sure to […]