Articles & Publications

Audit Readiness: Best Practices for Year-End Financial Reporting

How Preparation Improves Audit Efficiency, Timelines, and Outcomes Year-end audits don’t have to feel stressful, disruptive, or time-consuming. Organizations that approach the audit process with preparation and structure often experience smoother fieldwork, faster completion, and fewer last-minute issues. Audit. Read More >>

Navigating State Income Tax Withholding in the Era of Mobile Workforces

The rise of mobile and remote workforces has fundamentally changed the landscape of employment tax compliance in the United States. Employers must now navigate a complex web of state tax rules that govern income tax withholding and reporting obligations. Read More >>

2025 Year-End Tax Planning for Business Owners Under the One Big Beautiful Bill Act

All enterprises face external pressures, and those that respond with agility are often best positioned for long-term success. For private companies, it is increasingly important to convert emerging developments into strategic opportunities. This year, such opportunities have been particularly. Read More >>

2025 Individual Year-End Tax Planning Under the One Big Beautiful Bill Act

As the end of the year approaches, now is the perfect opportunity to assess your financial strategies and implement effective year-end tax planning. With the recent passage of the One Big Beautiful Bill (OBBBA), it is especially important to. Read More >>

Staff Highlights – Fall 2025

October 30, 2025 BMF InsightsMeet Our Team BMF

New Team Members We’re excited to welcome the following professionals to our BMF Team: Jacob Stewart, CPA, joins our Audit group as a Senior Accountant. He brings over four years of audit experience from a national firm, serving clients. Read More >>

Qualified Small Business Stock (QSBS): Enhanced Tax Benefits Under the 2025 One Big Beautiful Bill Act

Qualified Small Business Stock (QSBS) is a powerful but often overlooked tax incentive for founders, early employees, and investors in high-growth companies. With the passage of the One Big Beautiful Bill Act (OBBBA) in 2025, the rules surrounding QSBS. Read More >>

Executive Order 14247: What You Need to Know About Mandatory Electronic IRS Payments

Note: This article was originally published on August 20, 2025, and updated on September 29, 2025, to reflect new guidance. With the March 25, 2025, signing of Executive Order 14247 — Modernizing Payments to and From America’s Bank Account — the federal. Read More >>

Employer Requirements Due to OBBBA

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, introduces new federal income tax deductions for eligible employee overtime pay and tips. This legislation, which applies to tax years beginning in 2025,  requires employers. Read More >>

Tax Court Highlights Risks in Charitable Art Donations: Appraisal Rules, Valuation Pitfalls, and Penalties

In a recent U.S. Tax Court case, WT Art Partnership LP, Lonicera LLC, Tax Matters Partner v. Commissioner of Internal Revenue, the court provided important guidance on what constitutes a “qualified appraisal” for charitable art donations and the potential. Read More >>

Staff Highlights – Summer 2025

New Team Members We are excited to announce and welcome the following to our BMF team: Justin Barta joins us as a Staff Accountant in our tax department. Justin is no stranger to BMF, as he completed his spring. Read More >>