BREAKING NEWS

Marsden Selected for Crain’s Forty Under 40 List!

This program spotlights 40 of Northeast Ohio’s best and brightest professionals who are creating a stream of impactful work – all before their 40th birthday.

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2021 Year End Tax Planning for Businesses and Individuals

Year-end tax planning is always tricky, but pending legislation prior to year-end adds a whole new layer of complexity to the equation. At the current time, the House has passed the Build Back Better (BBB) Act with numerous changes. Read More >>

2022 Cost-of-Living Adjustments (COLAs)

November 30, 2021 Tax Advisor

The IRS has announced the 2022 cost-of-living adjustments (COLAs), which impact retirement plans for more than 70 million Americans. These taxpayers will get a 5.9% increase in monthly Social Security benefits and supplemental security income payments in 2022. The. Read More >>

Tax Framework for the Infrastructure Bill & Build Back Better Package

With the bipartisan infrastructure bill expected to be signed into law on Monday, the Biden Administration continues to iron out the details of its Build Back Better framework. Both packages carry significant tax aspects, and we have highlighted the. Read More >>

Mindy Marsden Selected for Crain’s Forty Under 40 List

We proudly congratulate Mindy Marsden on being selected for inclusion IN Crain’s Cleveland Business’s Forty Under 40 recognition program! This program spotlights 40 of Northeast Ohio’s best and brightest professionals who are scaling businesses to new heights, making decisions. Read More >>

Nathan Lieb Named a 30 For the Future Award Recipient

We are excited to announce that Nathan Lieb has been selected as one of this year’s “30 For the Future” award winners by the Greater Akron Chamber! For 15 years, this program has been recognizing young professionals that have. Read More >>

BMF Announces 22 Associate Promotions

We are excited to announce seven management promotions and 15 associate promotions across our Northeast Ohio team. Management Promotions Michael S. Bigler, CPA, to Senior Manager, Assurance and Advisory Services. Bigler serves clients in diverse industries, including manufacturing, distribution/supply. Read More >>

Staff Highlights – Summer 2021

August 24, 2021 BMF InsightsMeet Our Team BMF

Our continued efforts with developing and empowering female professionals don’t stop with the members of our firm but expand through the community. We were proud to support and connect professional women in business at our annual networking event at. Read More >>

BMF Named a 2021 Best of the Best Firm by INSIDE Public Accounting

We are excited to announce that we have been named to the 2021 Best of the Best Firms list by INSIDE Public Accounting (IPA), an award-winning newsletter for the public accounting profession. This is the second consecutive year we’ve. Read More >>

Employee Retention Credit: Calculations, Wages, PPP Forgiveness and More – Guidance for Q3 and Beyond

The IRS released Notice 2021-49 on August 4, which amplifies and clarifies guidance from the two previous Employee Retention Credit (ERC) Notices (see here, and here) and provides additional guidance on the American Rescue Plan (ARP) extension of the. Read More >>

Presentation and Disclosure of Nonprofit Nonfinancial Gifts In-Kind

In September 2020, the FASB issued Accounting Standards Update 2020-07 (“Update”), Not-for-Profit (nonprofit) Entities (Topic 958) Presentation and Disclosures by Not-for-Profit Entities for Contributed Nonfinancial Assets, as the result of concerns regarding the lack of transparency around how a. Read More >>