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John Burgett Joins BMF | Bolsters Team, Strengthens Client Solutions

It is with pride and purpose that we announce John Burgett has joined our Northeast Ohio team! John A. Burgett, CPA, MSA, joins us as a tax senior manager in our State and Local Tax (SALT) services group. With. Read More >>

Staff Highlights – Spring 2024

May 10, 2024 BMF InsightsMeet Our Team BMF

Regional Leader For the fifth consecutive year, we have secured a spot on the highly esteemed list of Accounting Today’s 2024 Top Firms in the Great Lakes Region, which encompasses the states of Illinois, Indiana, Michigan, Wisconsin and Ohio!. Read More >>

Unlocking Your 401(k) Match Potential: Strategies for Success

Offering matching contributions in your 401(k) plan serves dual purposes: it’s a valuable benefit for your employees and a catalyst for their retirement planning journey. However, striking the right balance between affordability and effectiveness is key. Let’s explore how. Read More >>

Mastering the Art of Business Valuation: The Critical Role of Comparable Companies

As the owner of a privately held enterprise, understanding your business’s worth becomes pivotal whether you’re considering a sale, attracting new investments or facing legal and tax obligations. Business appraisers employ a blend of the three most common valuation. Read More >>

Navigating State Income Tax: A Guide for Multistate Manufacturers

If your manufacturing business operates across state lines, understanding your state income tax obligations is crucial. While much attention has been given to sales tax obligations since the landmark 2018 Supreme Court decision in South Dakota v. Wayfair, Inc.,. Read More >>

Akron Office Temporarily Closed for Renovations

April 27, 2024 Breaking News and Alerts BMF

Beginning May 1, our Akron office will be temporarily closed to the public for renovations. While our space gets a makeover, we remain available to assist you. Contact us at 330.762.9785 to speak with someone who can assist. Contact. Read More >>

BMF Named a 2024 Great Lakes Regional Leader by Accounting Today

We did it, again. We are thrilled to share that BMF has again, for the fifth consecutive year, secured its well-deserved spot on the highly esteemed list of Accounting Today’s 2024 Top Firms in the Great Lakes region! This. Read More >>

Ohio Supreme Court Ruling Impacts Remote Work Taxes During COVID

February 19, 2024 Tax Advisor

In a 5-2 decision announced on February 14, the Ohio Supreme Court upheld the constitutionality of a temporary state law allowing cities to collect taxes from remote employees who were working from home during tax year 2020, even if. Read More >>

Are You Ready For the New Beneficial Ownership Interest (BOI) Reporting Requirements?

Beginning January 1, 2024, the new Beneficial Ownership Interest (BOI) reporting requirements set forth by the Corporate Transparency Act (CTA) come into play. These requirements mandate certain companies operating in the United States to report information about who owns. Read More >>

Unfinished Business: Managing WIP Inventory Effectively

Work-in-process (WIP) inventory hold significant weight on a manufacturer’s balance sheet, playing a pivotal role in financial accuracy and performance evaluation. By closely monitoring WIP, manufacturers not only maintain the integrity of their financial statements but also gain valuable. Read More >>