Articles & Publications

Under federal estate and gift taxes rules, a portability election allows a decedent’s unused estate tax exemption amount (deceased spousal unused exclusion amount, or DSUE amount) to be available to their surviving spouse. Background The federal estate tax exclusion. Read More >>

Dana E. Mountjoy, CPA, has been named our newest partner at BMF, effective July 1, 2022. Dana leverages her technical, analytical and relational skills in serving her clients. She applies an entrepreneurial mindset to typical financial and business issues. Read More >>

The Ohio Department of Taxation announced that the 2022 Sales Tax Holiday will begin on Friday, August 5 and run through Sunday, August 7 at 11:59 pm. During the holiday, the following items will be exempt from Ohio sales. Read More >>

When we think of cybersecurity, we don’t instantly think of the construction industry as a significant target. However, similar to the industries that immediately come to mind like retail and financial services, the construction industry is actually more vulnerable. Read More >>

The global pandemic and the impacts it had on the economy at large presented significant challenges for nearly all businesses over last two years. Businesses are looking for new and creative ways to steady revenue streams and improve their. Read More >>

On June 14, 2022, Ohio passed a law to help pass-through entity (“PTE”) owners deduct state taxes. The new law will provide PTE owners with a state “work-around” tax that is not intended to be subject to the $10,000. Read More >>

Strategic planning is a concept that is familiar to most businesses. However, effective compilation and execution of a strategic plan requires constant vigilance and discipline – which can be difficult to maintain for businesses that tend to be reactionary. Read More >>

We believe an organization that values its people, excellence in the service it provides and work/life flexibility is more engaged, energized and productive. Client service and strong relationships are our focus, not how/when/where we do it. With that in. Read More >>

With tax season now over, the IRS has begun sending out notices for recently filed returns. There is no need to panic as these notices are sent for a variety of reasons that do not always involve owing more. Read More >>

The fiduciary responsibility of plan sponsors is to periodically review policies for their retirement plans. While most plan sponsors consider a balance between large-cap and small-cap, global and domestic, and equity and bond investments in their investment policies, plan. Read More >>