birmingham alabama accounting

James Moody Appointed Chair-Elect of the ASCPA

Dent Moses is pleased to announce that James Moody has been appointed to serve as Chair of the Alabama Society of Certified Public Accountants (ASCPA) for a one-year term beginning in June 2021.  The ASCPA is the statewide, professional membership organization representing over 6,000 Alabama CPAs in public practice, industry, government, and education. On being…
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Dent Moses Partner and Manager Honored by UAB Collat School of Business and Birmingham Business Journal

Dent Moses Managing Partner, Mike Baker was named 2019 Accounting Alumnus of the Year, while Manager, Jessica Bou Akar was recognized as the 2019 Accounting Young Alumnus of the Year by the University of Alabama Collat School of Business. This is the first year the Accounting Young Alumnus award was presented making  Bou Akar the…
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Tax Tribunal Holds Modified Software Is Nontaxable Custom Software

The Alabama Tax Tribunal recently held that modified canned software is nontaxable custom software.  In Russell County Community Hospital v. Alabama Department of Revenue ( No. S 15-1683 Ala. Tax Trib. June 13, 2016), the Tribunal ruled that the taxpayer was entitled to a refund of sales tax paid on purchases of software, where the software…
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New Per Diem Rates Effective October 1, 2016

There will be an update to per diem rates effective beginning October 1st. First, let me offer some background. If you have employees that incur frequent business travel, it can often be cumbersome for those employees (and perhaps for the chief accountant) to accumulate receipts for reimbursable expenses paid by the employee. As an alternative, tax…
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What You Need to Know About IRS Scam Calls

This summer has seen an uptick in IRS scam calls, and an evolution of strategies from the scammers themselves. We have received many calls and e-mails attempting to verify whether or not a call is legitimate, and most have unfortunately been fraudulent. On August 2nd, the IRS released a bulletin in which Commissioner John Koskinen…
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Use Tax Compliance for Business Owners

Business owners pay many different kinds of taxes every year. Of those taxes, sales tax is probably the easiest to understand. If a business owner buys $100 in dental supplies and the tax rate is 10%, then the business owner pays an extra $10 to cover the tax. The vendor collects and pays the sales…
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Billing and Collections | Engineering Firms

Take Charge of Billing and Collections Almost every professional services firm has issues with collections at some time or another. I regularly talk with engineering firms who let billing and collections get out of control. At the very least, most firms would benefit from making improvements to their collections processes. So let’s take a look…
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Electronic Tax Payment Options

In recent years, the U.S. Treasury and Alabama Department of Revenue have become more accommodating to different tax payment methods. While the availability of bank draft and credit card payment options is nothing new, these methods are now available for free. Instead of fighting the tax day traffic at the post office, you can now…
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Itemized Deductions from A to Z, Part 12: Job Expenses and Miscellaneous Deductions

This is part twelve in our series on Itemized Deductions. To read the rest of the series, click here. For additional information regarding 2014 tax planning, you can download our 2014 Tax Planning Guide from the Resources tab on our website. We’re almost done with our series on itemized deductions. The final sections we’ll cover…
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