BREAKING NEWS

BMF Akron Office Closure Beginning May 1

Beginning May 1, our Akron Office will be closed to the public for renovations but will remain available to assist you. Contact your BMF Advisor or call 330.762.9785 to speak with someone who can help. We anticipate renovations taking several weeks, so stay tuned for updates!

Articles & Publications

Unpacking The 2024 Tax Relief for American Families and Workers Act

The Tax Relief for American Families and Workers Act of 2024 has made its way through the House Ways and Means Committee and is headed for a full House vote on January 29th. Several of its provisions are retroactive. Read More >>

2024 Cost-of-Living Adjustments (COLAs)

November 6, 2023 Tax Advisor

The IRS has announced the 2024 cost-of-living adjustments (COLAs), which impact retirement plans for more than 71 million Americans. These taxpayers will see a 3.2% bump in monthly Social Security benefits and supplemental security income payments in 2024, which. Read More >>

Ohio House Bill 33 Brings Significant Changes to Commercial Activity Tax

September 8, 2023 Tax Advisor

The Ohio Department of Taxation has released additional guidance for Ohio’s Commercial Activity Tax (CAT) following the enactment of  House Bill 33. These changes, which largely come into effect for tax periods beginning in January 2024, will have a. Read More >>

Will Tax Reform Be the Nation’s Gift This Holiday Season?

The Senate passed its “Tax Cuts and Jobs Act” bill in the wee hours of the morning Saturday, December 2nd. Will this be our biggest holiday gift (or a lump of coal) this year? That is yet to be. Read More >>

Senate Finance Committee Unveils Tax Reform Plan

  On November 9, the Senate Finance Committee released a draft of its tax reform bill. Although the bill is not expected to pass in its current form, it provides insight into what certain Republican Senators on this committee. Read More >>