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Exploring the Credit Union Difference
Written by Cynthia Hudson, CPA Talk to anyone who works with a credit union, and you will hear about their members. Each member is an owner of the credit union,
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The New IRS Partnership Audit Rules – Significant Changes on the Horizon Require Attention
The Bipartisan Budget Act of 2015, enacted on November 2, 2015, includes significant changes in IRS rules regarding the tax examinations of partnerships. The new rules are generally effective for
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Tax Amnesty for Delinquent Alabama Taxpayers – Limited Window of Opportunity Requires Immediate Action
For the first time ever, the Alabama Department of Revenue (ADOR) is offering taxpayers a formal amnesty program for resolving delinquent taxes administered by the ADOR. In the past, taxpayers
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The New IRS Partnership Audit Rules – Significant Changes on the Horizon Require Attention
Written by Steven N. Smith, CPA, JD The Bipartisan Budget Act of 2015, enacted on November 2, 2015, includes significant changes in IRS rules regarding the tax examinations of
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Leading the Parade of Professionals Back Downtown
This wouldn’t have happened five years ago. It wouldn’t have happened two years ago—or even last year. But now’s the time… Some people may view CPA’s as dull and boring,
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One-Year or Two-Year Deferrals: Gift Card Tax Rules
Written by Ross Mendheim, CPA What do you get for that hard-to-buy-for relative on their birthday? Or, what do you give a client to show your appreciation for his/her business?
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Understanding the CECL – How Does It Affect You?
Written by Scott Stevens, CPA, CGMA FASB Issues New Guidance on Accounting for Credit Losses The Financial Accounting Standards Board (FASB) recently issued a new accounting standard that will change
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BMSS Announces New Staff Promotions
BMSS is proud to announce recent promotions. Ashley Caldwell, CPA and Mark Underhill, CPA have been promoted to manager. Ashley Caldwell has 8 years of experience in public accounting, specializing
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