IRS Implements New Security Feature, Upcoming Webinars and More

Beyond the Bottom Line Newsletter

January 12, 2022

New Identity Verification Process for IRS Online Account

If you have created an online account with the IRS and have not signed in recently, you will notice some changes the next time you access your account.

The IRS has launched an updated, more intense identity verification and sign-in process for several of its online tools. As taxpayers have been taught to be mistrusting of providing information online, this new process can feel invasive to those caught off guard as to its existence. However, the process is intended to make taxpayer information more secure and prevent access from unauthorized persons. While going through this process takes a few minutes on the front end, online accounts provide access to information like payments posted to a taxpayer’s account in a much easier and quicker manner than attempting to call the IRS. Recent reports indicate that only ten percent of calls to the IRS were answered during this past filing season, and improvement is not expected in the foreseeable future, making online access appealing.

This new login will be required in order to access certain IRS online services such as online account information, requesting transcripts, obtaining...Read More

City Business License Renewals Information

If you conduct business in Alabama, it is time to renew your business license depending on your jurisdiction(s). To help simplify the process, we have included a few Alabama cities' information for you.

The cities included in the link are:

Birmingham
Gadsden
Huntsville
Madison

If the city or locality that your business needs is not on this list and you need guidance, please reach out to your BMSS professional for assistance....Read More

BMSS Wesson Presents: An Economic Update

Join us as Anoop Mishra, vice president and regional executive of the Birmingham Branch of the Federal Reserve Bank of Atlanta, provides an economic update. BMSS Wesson CEO Mark Wesson will serve as webinar moderator.

Friday, January 28, 2022

8:30 a.m. - 10:00 a.m.

Abacus Technologies Presents: Leveraging Your Business Data to Save Time & Increase Efficiency

Join us as Abacus Technologies’ Business Intelligence team explores two pillars of intelligent businesses: turning business data into information for faster decision-making to not fall behind the competition, and turning that information into action by automating workflows to stay ahead.

Thursday, February 10, 2022

8:30 a.m.