BREAKING NEWS

Stephen Mazza Joins BMF as Partner!

BMF welcomes with pride and purpose, our newest partner and member of the firm, Stephen Mazza!

Articles & Publications

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BMF Recognized as a 2022 Top 200 Firm by INSIDE Public Accounting

We are excited to announce that we have been recognized by INSIDE Public Accounting (IPA) as a Top 200 Accounting Firm in the nation! The IPA’s annual rankings of the 500 largest firms in the U.S. are listed from. Read More >>

Incentivizing Manufacturing: CHIPS and Science Act, Inflation Reduction Act

Before going into their August recess, both Houses passed the CHIPS and Science Act of 2022, which The President is expected to sign shortly. The Senate also announced the Inflation Reduction Act of 2022 as a budget reconciliation bill.. Read More >>

Staff Highlights – Summer 2022

Welcome our Newest Partner! BMF welcomes with pride and purpose, our newest partner, Dana Mountjoy!  Read Story New Associates We are excited to announce and welcome the following additions to our professional staff. Jenny Bonds joins us as an. Read More >>

IRS Launches Pilot Pre-Examination Retirement Plan Compliance Program

In its June 3, 2022, Employee Plans Newsletter, the Internal Revenue Service announced a pilot compliance program affecting retirement plans and their sponsors. Under this pilot program, the IRS will notify a plan sponsor by letter 90-days in advance. Read More >>

Accounting for Business Combinations: Why you need another valuation

Despite a  weak economy and uncertainty related to the COVID-19 pandemic, merger and acquisition activity has been consistent if not escalated over the past two years. Many companies that have not previously made acquisitions are surprised to learn that. Read More >>

IRS Updates Late Portability Election Procedures

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 Mountjoy Named Partner

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 >>

Ohio Back-to-School Sales Tax Holiday – Aug 5-7, 2022

July 12, 2022 Tax Advisor

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 >>

Cybersecurity Risk & Threats are a Construction Concern

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 >>

5 Billing and Collection Processes to Keep Financially Sound

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 >>