Tax Planning & Compliance
Accounting firms typically take a historical approach to handling income taxes. In other words, they wait until late in the year and then tell you what has happened.
BMSS believes that excellence in providing tax services centers on advanced planning and timely service. Your BMSS tax team is available for consultation throughout the year - not just during tax season.
Our tax professionals are highly skilled and experienced in the intricacies of individual, corporate, federal, state, multi-state and local taxation. BMSS devotes significant resources to train staff and provide our team with the necessary Continuing Professional Education (CPE) to stay on top of changes that affect our profession and the tax areas in which they practice.
We work closely with our clients to communicate important tax issues as they develop. Our tax professionals take the lead in research and in educating the community and our clients by providing seminars, presentations, newsletters and articles. As a result, we are available to keep clients up-to-date on recent cases and breaking issues both from a technical and practical viewpoint.
BMSS is an early adopter of industry-leading tax software, processes and programs. Our workflow management system allows staff to know the exact status of every tax project and allows us to easily provide clients with project updates. We use robust online tax research databases and software to handle more complex and technical tax returns.
Our tax professionals can provide you with specialized tax services such as:
- Corporate Tax Planning & Compliance (2013 Year-End Tax Planning)
- Individual Tax Planning & Compliance (2013 Year-End Tax Planning)
- Bonus Depreciation
- Estate & Gift Taxes
- Employee Stock Ownership Plans (ESOP)
- Health Care Reform
- International Taxation (Including IRS Offshore Voluntary Disclosure (OVDI and OVDP), Report of Foreign Bank and Financial Accounts (FBAR), and Form 8938, Statement of Foreign Financial Assets)
- IRS Dispute Resolution
- IRS Offer & Compromise
- Research & Development Credits (R&D)
- Sales & Use Taxes
- Section 179
- State & Local Taxes
- Stock Options
- 1099/W-2 Processing
BMSS Tax Planning Professionals
Janet Cooke and her husband, John, have twin sons, Jeremy and Justin, and a daughter Julie. Janet lives in Hoover and attends a non-denominational start up church, The N... read more
“We have been a very satisfied client of BMSS since 2000. We have found the staff to be very knowledgeable and professional in all aspects of their accounting services. More importantly, as we have learned, is their character and integrity that has earned the trust and respect of our senior management.”