The passing of Founding Partner Richard Owen Bollam
It is with heavy hearts that we share the sad news of the passing of BST & Co. Founding Partner Rich Bollam, who died peacefully on Wednesday, June 29, 2022.
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U.S. June jobs preview: Slower hiring in rate-sensitive industries
We expect the June U.S. employment report to show a total gain of 225,000 jobs, with risk of a stronger pace of hiring and an increase in the unemployment rate to 3.7%.
Cash vs. Accrual Accounting: Which Is Better for Small Businesses?
Small businesses need to understand the differences between cash-basis accounting and accrual-based accounting to determine which method will benefit them most.
Get Back Up!
The image of Mikaela Shiffrin sitting on the sidelines after skiing off course and not completing her second competitive race at the 2022 Beijing Olympics played out on a global screen. Her failure humanized the Olympics for me and for many others. In that moment, I thought: It’s okay. She’ll pick herself up and try again and do better next time.
Taxing Remote Work—What You Need to Know
What taxes do remote workers and their employers need to worry about? It varies by state, but New York is especially active in collecting state income taxes from employees who don’t live or work in the state.
Income tax, charity and estate planning strategies for digital assets
Considering the income tax, charity and estate planning implications of digital assets, such as crypto, can minimize tax burden, comply with evolving regulations and pursue personal wealth goals.
Global mergers & acquisitions webcast series
Join RSM's specialists for a webcast that will examine tax issues associated with U.S. and U.K. deal structuring.
Steady optimism belies labor challenges and expensive materials
AEC firms are coping with rising costs and extended project timelines by looking to digital solutions.
Board considerations on the future of work and the path forward
As we transition from a pandemic to an endemic environment, boards of directors are considering their companies’ priorities—and workforce issues are making a lot of short lists.
New York allows more time for 2022 PTE tax elections
New York makes another round of taxpayer-friendly changes to its pass-through entity election, including an extension for 2022 elections.
New York takes steps to follow revised MTC P.L. 86-272 guidance
Proposed regulations would adopt the MTC’s updated interpretation of P.L. 86-272 concerning business conducted through the internet.
U.S. April jobs report: Another month of solid payroll gains
Sustained strength in wages continues to attract workers back into the American labor force which resulted in a net increase of 428,000 in April.
Planning ahead for 2023 Taxes with Kim Wright
Partner Kim Wright shares tax advice for how to plan for 2023. Listen in on her tips. They might save you time and money.
Why one-third of this CPA firm’s staff is now in outsourcing
One-third of BST & Co. CPAs' staff, about 40 people, is devoted to a growing division of the CPA firm: outsourcing.
Your Business Is Not Too Small to Automate
No business is too small to automate accounting processes, and it doesn’t have to be done all at once. A phased approach to automation can help small businesses save time without disrupting daily business.