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Crypto: What Taxpayers Need to Know

Cryptocurrencies have gone mainstream. You can now invest in them and use them to buy and sell many products and services. However, crypto transactions have important federal tax implications that may not be well understood by everyone. Here’s an update on what you need to know about the federal tax issues if you exchange or…
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Small Business Tax Planning Strategies for 2023

Keeping track of your small business is hard enough without the looming cloud of tax time. Fortunately, there are ways for small business owners to prepare for tax season. Establish a Tax-Favored Retirement Plan for Your Business Current rules allow for generous annual deductible contributions on small business retirement plans. Consider a simplified employee pension…
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Skills for the Future: Allison Hodge Talks About Her Internship Experience at Borland Benefield

Gaining practical experience and building a robust professional network is essential for a successful career in accounting. Education is the first step, but the benefits of taking on an internship, with its innumerable learning opportunities, cannot be overstated. Allison Hodge, a University of Alabama graduate and Borland Benefield intern discovered how beneficial such an experience…
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Borland Benefield and the Mason Music Fest: Fostering Alabama’s Love for Music

Nonprofits and organizations dedicated to helping their communities have always been important to Borland Benefield. The firm caters to these benevolent entities as a specialty, even creating the Nonprofit Audit Group to serve this sector. One such nonprofit is the Mason Music Foundation, a 501(c)3 created by Borland Benefield’s client, Mason Music. Mason Music is…
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Are Your Social Security Benefits Taxable?

While the recent increases in Social Security benefits are welcome, they could mean more income taxes for recipients. Read our blog to see how this might affect you.

Tips for Landing an Internship with Borland Benefield

Borland Benefield was founded in 1922 when William Howard Borland, Sr. answered Alabama’s need for quality accounting services. At the time, Mr. Borland was the 54th accountant to be certified in the state. For more than one hundred years, that initial dream has seen Borland Benefield grow into one of the most respected accounting firms…
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Accounting for the Future: Leigh Anna Hall and the CPAs of Tomorrow

Becoming an accountant isn’t easy, but it does open up a career path filled with opportunity and security. Read about our very own Leigh Anna Hall’s experiences with entering the accounting world – maybe it will inspire you to start your journey.

Steady. Accurate. Consistent.

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