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Construction Industry Trends for 2020

February 24, 2020 Construction

After decades of relatively slow change, the shortage of skilled labor, megaprojects and a shift to modularization are quickly disrupting the construction industry and broader ecosystem. These new trends are taking hold of the contractors who need to quickly. Read More >>

2019 BMF Year in Review

Dear Clients and Friends, We’ve frequently been hearing, especially in our own accounting profession, the breathless warnings of the disruptive changes that are re-defining what we do. With all this buzz, it’s certainly easy to feel overwhelmed by the. Read More >>

BMF Named to Inside Public Accounting’s 2019 All Stars Specialized Niche Firms

We have been named to INSIDE Public Accounting’s (IPA) 2019 All-Stars Specialized Niche Firms in recognition of our firm’s significant and robust Manufacturing practice. In its January 2020 newsletter, IPA recognized those firms that derive a higher percentage of. Read More >>

Overcoming Resistance to Innovate: Become a change agent

We all know that the greatest obstacle to innovation isn’t the change itself, but the reluctance of accepting it. Fear of the unknown is a major culprit to this adverseness. Employees, and people in general, are concerned about their. Read More >>

Staff Highlights – Winter 2020

January 31, 2020 BMF InsightsMeet Our Team BMF

BMF was a recipient of the 2019 Medical Mutual Pillar Award for Community Service. We are completely humbled and honored by this recognition and congratulate all the honorees of this prestigious recognition. Join us in welcoming the following additions. Read More >>

Bonus Depreciation and Sec. 179 Expense – What’s the difference?

Many business owners, especially in the manufacturing sector, were pleased that the Tax Cuts and Jobs Act (TCJA) expanded the first-year bonus depreciation and the first-year Section 179 deductions. These two tax breaks are lucrative for capital-intensive manufacturers, who. Read More >>

Staff Perspectives Inauguration

I’ve been in BMF’s Audit Department since I graduated from Kent State University 4 years ago, now entering my 5th rotation of what we affectionately refer to as “busy season.” I enjoy long moonlight walks on the beach in. Read More >>

Busy Season Insight at a Public Accounting Firm

For those of you still in college, you’re probably asking yourself what is this “busy season” I keep hearing about? For our tax team, the busy season softly starts around the end of January and runs through to the. Read More >>

Meet Our Team: Samantha Rathburn

January 27, 2020 BMF InsightsMeet Our Team BMF

A lover of country music, spin class and taking her dogs to brew pubs (since now it’s allowed), Samantha is a charismatic blend of accounting professional and Northeast Ohio native – the ideal team member for a community-focused CPA. Read More >>

Sell-Side Strategies: Preparing Your Business for Sale

January 20, 2020 Valuation

As seen in Crain’s Cleveland ACG Corporate Growth & M&A edition, January 2020 There are a myriad of diligence issues that can adversely impact purchase price and sometimes kill the deal. While there is no absolute on completely avoiding. Read More >>