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The IRS Warns Against Telephone Scams

The Internal Revenue Service warned taxpayers against telephone scammers targeting students and parents during the back-to-school season in an IRS Newswire issued on August 18th. “People should be on the

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Newest Members to the BMSS Family

Welcome to the BMSS Team! BMSS would like to welcome the newest members to BMSS!  Emily Espy (2015 Intern), Lauren Sampson (2015-2016 Intern), Hannah Sparkman Piper (2016 Intern), Austin Gray

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Estate Planning Alert

Contemplating the transfer of closely held family business interests? Consider making those gifts as soon as possible before new valuation rules are enacted. If you have been considering transferring your

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Due Dates are Changing – Will You Be Ready?

As you may be aware, there have been several changes in due dates for some federal tax returns, which will be effective for the 2017 filing season or the 2016

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Alabama’s Shrinking Sovereignty

By Katherine Green Robertson While federal overreach has become commonplace, so has the voluntary surrender of the states’ constitutional authority over matters—something that is rarely acknowledged or discussed as states

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Got Unclaimed Property?

Do you or your business have property, such as uncashed checks or A/R credits, which belong to someone else?  Have you tried and tried to find the rightful owner and

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The R&D Tax Credit – No Lab Coats Required!

What’s the first thing that comes into your mind when you think of the Research and Development Tax Credit?  A mad scientist with crazy hair who never leaves his lab?? 

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ACA – Thresholds to Change for 2016 Reporting

Written by Ross Mendheim, CPA and Kay Troupe The Affordable Care Act contains specific responsibilities for employers. The size and structure of your workforce — small, large, or part of a

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I Still Love Technology… in honor of Birmingham Innovation Week 2016

Written by Tyler Crawford, CPA Bean Counters. Has any human actually been party to the counting of beans in the last, oh…fifty years? If perception is reality, then I suppose

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Estate Planning in the Face of Proposed Valuation Rules

Written by Cherion Sibley, CPA, CFP® Contemplating the transfer of closely held family business interests? Consider making those gifts as soon as possible before new valuation rules are enacted. If you

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BMSS Named Best Place to Work by Accounting Today

BMSS is pleased to announce their award for one of the “Best Accounting Firms to Work For” by Accounting Today. This is the eighth time the firm has been named

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