BPS is honored to have made the 2022 Shortlist for Top Audit and Accountancy Services by US Captive Review. A great reflection of our team and their hard work and dedication to the captive insurance industry. Awards will be announced on August 8th. #BPS #topaccountingfirm #captiveinsurance #audits Check out the full listing here: https://captivereview.evessiocloud.com/USAwards/en/page/home
BPS News & Events
BPS News
Golfing With BPS
A couple times each year, typically before and after the firm’s busy season, BPS’s golfers get together for an afternoon on the links. On June 14, a group of 12 competed at Cobblestone Park Golf Club in Blythewood. Instead of using handicaps to level the playing field, the group used a captain’s choice format, where…
BPS Supports Our Community
In 2022, for the 17th year in a row, BPS has sponsored a little league team in the Palmetto Baseball League. Team BPS is in the youngest division of PBL, helping to develop baseball skills, life skills, and lifelong friendships in five- and six-year-olds. BPS’ support started with teams that included Chris Stormer’s sons. We’ve…
Retirement Plan Startup Costs and Small Employer Auto Enrollment
In December 2019, the Setting Every Community Up for Retirement Enhancement Act (“SECURE Act”) was signed into law. This act allowed eligible employers to add an auto-enrollment feature to their plan and claim a tax credit of $500 for three years for the ordinary costs of starting a SEP, SIMPLE IRA or qualified plan. Eligible…