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 reach out to your BMSS professional or call us today, toll-free, at 1-833-CPA-BMSS.
By Karen Poist, CPA and Kim Tarnakow, 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. Wayfair, Inc. case (Wayfair). This is a major ruling in the sales tax area. What does Wayfair mean to the business […]
Birmingham, AL – Barfield, Murphy, Shank & Smith (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 promoted to senior manager. Caldwell has 10 years of experience in public accounting, specializing in employee benefit plan audits as […]
All pass-through entities, including partnerships and S corporations, should evaluate their choice of entity as a result of tax reform and the new reduced corporate tax rate of 21 percent (previously 35 percent). Converting from a pass-through entity to a C corporation requires thoughtful consideration, analysis, and planning. WHY CHOICE OF ENTITY? 1. The new corporate tax rate of 21 percent is significantly […]