Borland Benefield Staff

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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Self-Employed Business Owners: What’s the Right Retirement Plan?

If you’re ready to retire from your self-employed small business, you might be reading up on retirement plans. The question is: what kind of plan is best for you? Whether it’s a Solo 401(k) or a Defined Benefit Pension Plan, our article can help you learn the basics.

A Cycle of Success: Charlie Polmatier, Borland Benefield Shareholder

You might know Charlie Polmatier, Borland Benefield Shareholder and head of the Municipal Audits Division. You might know how dedicated he is to serving our clients. What you might NOT know is that he’s also a road biking champion. Read our blog to learn more!

100 Years and Still Accounting. The History of Borland Benefield

The year 1922 was notable for a number of events in the world, including the formation of the USSR, the first successful insulin treatment, and the first Wimbledon Championship. At the time, Warren G. Harding occupied the Oval Office as the 29th president, the Lincoln Memorial was dedicated and opened to the public, and an…
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