Blog

Remember that noncompete ban I told you about a while back? The ban that was originally supposed to take effect on September 4 has been temporarily paused. You already know the implications of this ban for your business: vulnerability to head-hunting, higher...

The barcode is so commonplace you kind of forget that it was the cutting edge of retail technology once upon a time. Now, you probably only think about it when you scan it at the register (BEEP). But this year is, in fact, its 50th anniversary.But, as commonplace...

The heat is turning up everywhere right now, literally and metaphorically.Let’s discuss that in terms of your Birmingham business if you filed an Employee Retention Credit (ERC). See, the IRS is leveling up their ERC claim investigations right now. If you claimed...

The IRS is in a crackdown year. Checking and rejecting ERC claims, getting what’s owed from millionaires that weren’t paying their part, and now locking down tax strategies that were being exploited by those with complex partnerships.If any of these apply to you,...

In conversations with Birmingham business owner friends recently, it seems hiring has been a struggle bus (can you relate?). There are qualified applicants showing up in their resume stacks. But, what’s more difficult to look for in that pile is the right combo...

An unfortunate thing about being a business owner sometimes is that you are at the crosshairs of the changing winds of the culture. And these past ten years, the very polarized political environment has put some pressures on businesses to align with different...

How did Memorial Day affect your Birmingham business this year? Did you run any sales or promotions for members of the military? Join a parade to advertise your business? Holidays are an excellent opportunity to connect with the community and get visibility.And, if...

This past weekend, Ed Dwight — age 90, became the oldest person to travel to space. Six decades ago, he was on a trajectory to become the first Black astronaut in space, but ultimately was passed over. The space excursion certainly cements the old adage “It’s...

Happy Earth Day. The day we celebrate this little blue marble we all enjoy living on. I found this fascinating as I was reading about it this morning — there are so many elements that make up the scenario of a thriving Planet Earth. Less threats because...

The 2024 federal tax season has reached its end…  well, unless you joined the other 19 million taxpayers and filed for an extension. That’s something we anticipate every year here at Randall M. Hancock CPA, PC. And we’ll be working away the next few...

Lots going on this week. Namely…The tax filing deadline is Monday, April 15th. For any of our Jefferson County business clients who haven’t yet reached out to us, we can still take you on by filing an extension on your behalf and then managing the filing after. But,...

Well, the U.S. government has decided it can go on spending money – 1.2 trillion dollars to be exact. That means the departments of State, Defense, Labor, Health and Human Services, and Homeland Security are funded, through next September anyway. So the shutdown...