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EEO-1 Data Collection Window for 2022 Approaching
Written by Rebecca Tipton, SHRM-SCP BMSS HR Advisory Putting the “Resource” in Human Resource Consulting After many recent delays, the EEO-1 Data Collection Window is due to open on October
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Think Beyond Stocks and Bonds
An Introduction to Multi-Asset Investing By Daniel Phillips, CFA®, CFP® All investment decisions have an opportunity cost. There is always an alternative that could have yielded a different outcome. And
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Alabama Sales Tax Rate Reduction on Food Effective as of September 1, 2023
Alabama recently updated the state-level sales tax rate on food, reducing it from 4% to 3%, effective September 1, 2023. This does not affect local jurisdiction rates such as city
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Attention: Update to Business Personal Property Tax Filing Process
Beginning October 1, 2023, the OPPAL system will be a component of My Alabama Taxes to electronically file your business personal property return. If you (or BMSS on your behalf)
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IRS Halts Processing of New ERC Claims Until January 2024
In a news release yesterday, the IRS issued a moratorium on the processing of any new Employee Retention Credit (ERC) claims through at least the end of the year, citing
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Business Personal Property Tax – Looking Forward
It’s that time of year again, Business Personal Property Tax Returns are quickly approaching! Take a look below at some of the things to start thinking about in the coming
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I-9 Compliance: Navigating the Updated Form and Remote Verifications
Written by Rebecca Tipton, SHRM-SCP, BMSS HR Services The I-9 form is one of the main cornerstones of compliance for onboarding so that employers can demonstrate their employees’ eligibility to work
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Maximize Your Tax Savings and Make a Positive Impact: Work Opportunity Tax Credit
Written by Sarah Shirley Ever since the world seemingly stopped during the COVID-19 pandemic, people everywhere have started placing greater importance on making a positive impact in the world and
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IRS Increases Oversight of ERC Program
Last week, the IRS issued an important news release, IR-2023-135 (click green link to read full release), announcing their heightened scrutiny of claims for the Employee Retention Credit (ERC) with
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Hurricane Season: Preparation & Post-Event Considerations
Written by Claire Bourseleth, Katim Faal and Lisa Talley, BDO USA, P.A. Hurricane Season is underway and will remain in effect until November 30th of this year. Is your organization
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An Update on Biden’s Student Loan Forgiveness Program
Written by Dalton Bradshaw, CPA In the fall of 2022, the Biden Administration unveiled its plan for student loan forgiveness, invoked by the Higher Education Relief Opportunities for Students Act
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Are You a Construction Company Looking for a Better Way to Track Expenses?
Written by Joe Turner, Co-founder Vendrix We all know the pains of using corporate cards and tracking business expenses. Those pains are even greater for construction companies, but the good
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