How Wayfair Could Impact Your Business

For an updated article, see our latest post.  The Wayfair, Inc. case is the biggest ruling in the sales tax area in more than 25 years. What does Wayfair mean

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BMSS Joins Forces with Hall Albright Garrison & Barnes

As part of a planned growth strategy throughout the state of Alabama, BMSS is proud to announce it is merging with Huntsville-based CPA firm Hall Albright Garrison & Barnes. The

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Update – Opportunity Zones

On Friday, October 19th, the IRS issued the first round of long-awaited guidance on investments in Opportunity Zones. The proposed regulations and related revenue ruling aim to bring clarity to many

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BMSS Employees Serve Local Community in Annual Initiative

Birmingham, AL – Most BMSS employees from our Birmingham locations are working outside the office this Thursday and Friday, October 18 and 19. They are serving hands on throughout the

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BMSS’ Merrill Johnston, Jr. Recognized for Outstanding Achievement

Leading Global Family Enterprise Membership Association Awards Distinguished Certificate Merrill Johnston, Jr. of BMSS has been awarded the FFI GEN (Global Educational Network) Certificate in Family Business Advising (CFBA) by

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Important Information Regarding Sales Tax, Wayfair and What it Means for Your Business

Business owners:  If your business is currently selling products (and in some cases, services) without having a physical presence in a state, then your business may now be required to

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Avoiding the Bid Law Pitfalls

by Brian Harris During my 25 years auditing governments across the great State of Alabama, one of the most common themes in my audit findings involved noncompliance with applicable state

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Three New Accounting Regulations That Could Impact Your Business

View the video above from BMSS Member, Derrel Curry, as he shares how new accounting standards could impact you and your business. If you have any questions regarding this communication, please

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Hot SALT Tips of the Quarter – Summer 2018

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Sales Tax and Wayfair – What Does it Mean for Your Business?

By Karen Poist, CPA *Please see individual state information at the bottom of the page. On June 21, 2018, the Supreme Court issued its decision on the South Dakota v.

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BMSS Announces Employee Promotions

Birmingham, AL – BMSS is proud to announce recent promotions within its accounting firm. Ashley Caldwell, CPA; Kristi Cerice, CPA; Melanie Shores, CPA and Mark Underhill, CPA have all been

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Opportunity Zones – An Opportunity Like No Other

by Mark Underhill, CPA What if I told you that you could defer your capital gains on the sale of an investment until potentially 2026 and exclude up to 15

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