Articles & Publications

The IRS has reintroduced Form 1099-NEC to help clarify the separate filing deadlines on Form 1099-MISC. Companies that make payments to nonemployee service providers and vendors could face a challenging Form 1099 reporting season for 2020 because of this. Read More >>

Announcing Our New Website and Email Addresses The internet is evolving. More than 1,500 leading entities have launched top-level domains, such as: .bank, .realtor, .edu and .gov. BMF has adopted the newly released top-level domain .CPA, which will provide. Read More >>

Congressional leaders are currently working on a bipartisan proposal to provide additional stimulus to the U.S. economy in the waning days of the lame duck session. Although many of the details are still unknown, the American Institute of CPAs. Read More >>

Year-end tax planning is always challenging, but President-Elect Biden entering the White House along with the coronavirus pandemic have added a whole new layer of complexity to the equation. The balance of power in the Senate will be determined. Read More >>

This holiday season will continue to be unlike any other, and while many traditions will look different, we remain grateful. GRATEFUL for your flexibility with embracing new avenues of communication. GRATEFUL for the health and safety of our families,. Read More >>

We previously reported back in May that the IRS issued Notice 2020-32, stating that expenses related to forgiven Paycheck Protection Program (PPP) loans would not be deductible. This created much uncertainty as to how those rules would apply under. Read More >>

We previously reported that the Small Business Administration (SBA) issued a draft on October 26 to begin asking Paycheck Protection Program (PPP) lenders to issue “Loan Necessity Questionnaires” to borrowers that received $2 million or more in funds from. Read More >>

BMF has been recognized as a “2020 Best of the Best Firm” by INSIDE Public Accounting! We are excited to announce the following additions and accomplishments of our professional staff. Evan Baschko, MSA, returns to our Akron office as. Read More >>

While forgiveness may be simplified for PPP loan borrowers of $50K or less, things may not be so simple for borrowers in excess of $2M. As we reported last week, the Small Business Administration (SBA) is expected to issue. Read More >>

see article in Crain’s Cleveland Business ACCOUNTING FOR THE FUTURE: Richard Fedorovich Moves to Executive Chair Role; Executive Committee to Assume Day-To-Day Operations Richard C. Fedorovich, CEO and Managing Partner since 1996 of Bober Markey Fedorovich (BMF), a national. Read More >>