As part of our commitment to keeping you informed, we want to share some important updates about upcoming changes to...
Important Update: QuickBooks Online and Payroll Pricing Changes
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Cybersecurity and Internal Controls: What Audit Clients Need to Know
In today’s hyper-connected world, cybersecurity is not just an IT problem. It is a business problem. If you are...
All Tennesseans Now Qualify for Disaster Tax Relief
The IRS has announced the deadline to file various tax returns and make tax payments has been extended until Nov. 3, 2025,...
Project Gray Update
Construction is well underway for Project Gray! The HVAC, electrical, sprinkler, and plumbing infrastructures have all been...
ACA Reporting Requirements Revised for 2025
Thanks to the recently enacted Employer Reporting Improvement Act and Paperwork Burden Reduction Act, two key changes will...
IRS Announces 2025 Retirement Plan Contribution Limits
The IRS has released the updated contribution limits for retirement plans in 2025. These changes apply to 401(k), IRA,...
IRS 2025 Inflation Adjustments for Tax Provisions
The IRS has released the 2025 inflation adjustment figures for over 60 tax provisions in Revenue Procedure 2024-40. Many...
Salary Threshold Increase Invalidated
A federal judge in Texas invalidated the United States Department of Labor’s (DOL) rule that raised the minimum salary...
Casualty Loss FAQs – Businesses
In the last month, residents of the southeastern United States have faced unprecedented losses in the aftermath of...
Casualty Loss FAQs – Individuals
In the last month, residents of the southeastern United States have faced unprecedented losses in the aftermath of...
Quickbooks Online Changes to 2024 Year-End Tax Forms
by Teresa Adams Starting 2025 for the 2024 year-end, Intuit will no longer be printing and mailing W-2 and 1099 tax forms...
Tax Relief for Those Affected by Tropical Storm Helene
by Stephen Bevins Following Tropical Storm Helene, BCS is here to help our clients and community in any way we can. The IRS...