Articles & Publications

Each year, the IRS issues optional standard mileage rates for the coming year. The rates cover the cost of using your personal vehicle, most commonly for business, but also if you drive for medical, moving, or charitable purposes. Each. Read More >>

*as seen in Crain’s Cleveland Business, January 17, 2022 A properly structured transaction can provide tax benefits to both the buyer and the seller. Typically, buyers want a deductible step-up in basis while sellers want capital gains treatment. Proper. Read More >>

Candle making, Escape Room, Fencing, oh my! These are a few of the incredible outings we’ve hosted with #teamBMF members. Because it’s not only about what we do at work. It’s getting to know those new to the firm,. Read More >>

COVID-19 has had a significant economic impact in the United States. Some nonprofit organizations were compelled to temporarily close, execute their mission remotely or restructure their operations entirely. The Federal Government responded by releasing considerable amounts of funding to. Read More >>

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 >>

The Employee Retention Credit (ERC) was enacted under the March 2020 CARES Act to encourage businesses to keep employees on their payroll and was extended to last until the end of 2021. On December 6, the IRS released IRS. Read More >>

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 >>

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 >>

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 >>

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 >>