Doing Business in Birmingham
Birmingham is the third largest city in Alabama, with a population of over 192,000 people, and serves as the seat for Jefferson County. Often referred to as the Magic City, the name reflects the quick rise in population during the manufacturing boom. There are 16,810 businesses in Jefferson County employing over 317,000 residents. The city is home to the Birmingham Civil Rights Museum, McWane Science Center, Vulcan Park and Museum, and the Birmingham Botanical Gardens.
Alabama Business Incentives
The state offers various incentives to attract new companies, retain existing ones, and capture the attention of growing corporations. These incentives are available to Birmingham companies, making targeted machinery investments, creating new jobs, and more. A summary of the available tax credits and deductions includes the Investment Credit (Alabama Jobs Act), Growing Alabama Credit, Apprenticeship Credit, Port Credit, and Coal Credit.
Birmingham Business Organizations
There are also several organizations, chambers, and associations focused on the development of commerce in the area. These groups serve the diverse needs of businesses in different industries facing unique challenges. This includes the Greater Birmingham Chamber of Commerce, the City of Birmingham Small Business Council, the Birmingham Business Alliance, the Entrepreneur’s Organization, the Alabama Venture Club, and the Birmingham Small Business Development Center.
Map of Birmingham, AL
Birmingham Accounting Services
When a Birmingham organization experiences a compliance challenge or financial reporting need, it turns to Calvetti Ferguson for help. Whether a start-up or established business, our firm can help with routine compliance issues or more complicated “once-in-a-lifetime” events. The combination of practical experience and technical expertise allows team members to bring a fresh perspective to conventional challenges.
Interesting Facts About Birmingham
- The city received the “President’s Award” in 2015, as voted on by the PGA Tour Champions for the Shaw Charity Classic.
- The modern police whistle was invented in the city in 1884 by inventor Joseph Hudson. Many law enforcement agencies quickly adopted the whistle and is still in use today.
- Birmingham is home to the oldest ballpark in the nation, Rickwood Field, which has hosted several legends over the years.
Birmingham CPA Services
Below is a summary of the accounting, assurance, tax, and advisory (risk and transaction) offered to Birmingham businesses, including:
- Benefit plan audits
- Financial statement audits
- Risk assessments
- M&A transaction advisory
- Quality of earnings reports
- SOC reporting
- State & local tax
- Tax planning & compliance
- Trust & estate planning
- Internal audits
Contact us
Calvetti Ferguson works with companies, private equity firms, and high-net-worth individuals nationwide. Regardless of the complexity of your compliance, assurance, advisory, or accounting needs, our team is ready to help. Please complete the form below, and we will follow up with you shortly.