Articles & Publications

All Posts

When Bad Things Happen to Good Plans: Preventing errors with eligible compensation plans

For even the most well-intended and conscientious plan sponsor, the complex rules and regulations regarding retirement plans can result in the occasional error in administration or operation. Operational errors are made while carrying out the plan in accordance with. Read More >>

2019 Tax Provisions: Extenders Bill, ACA Tax Repeal, SECURE Act

Averting another government shutdown, President Trump signed a $1.4 trillion spending package which will fund the government until September 30, 2020.  As part of the spending package, there are several tax provisions including an ‘extenders’ bill, the SECURE Act. Read More >>

2019 Year End Tax Planning for Business and Individuals

With the 2017 Tax Cuts and Jobs Act (TCJA) changing the playing field in the tax realm, there are several approaches you may want to consider before year-end to help minimize your tax burden. Below are some of the. Read More >>

Ohio Tax Update for Lawyers, Lobbyists, Pink Tax; Wayfair Guidance Rollout

November 21, 2019 Tax Advisor

Ohio Senate Bill 26 Ohio Governor Mike DeWine signed Ohio Senate Bill 26 into law, which reflects several noteworthy tax changes. Repeals the lawyer and lobbyist exemption from claiming the business income deduction and preferential 3% tax rate. As. Read More >>

Is This the End of the Limited Scope Audit?

November 18, 2019 Benefit Plans

In July, the AICPA Auditing Standards Board (ASB) issued Statement on Auditing Standards (SAS) No. 136 – Forming an Opinion and Reporting on Financial Statements of Employee Benefit Plans Subject to ERISA. These new standards will go into effect. Read More >>

Protecting Donor Information: Is their identity at risk?

November 14, 2019 Nonprofit

Online giving has grown considerably over the last several years. For nonprofits without the appropriate IT infrastructure and security policies, these increased online donations can also mean greater risk for cybercrimes. While all businesses are at risk for cyberattacks,. Read More >>

7 Best Practices for a Cyber-Secure Holiday Season

November 14, 2019 Technology

IT Security is front and center in the minds of business professionals today. But with so many options between recommendations, software and hardware to put into place, it can be pretty overwhelming for anyone. So to help simplify some. Read More >>

BMF Announces Bigler Promotion; New Hires

November 13, 2019 BMF InsightsMeet Our Team BMF

AKRON, OH – November 11, 2019 – Bober Markey Fedorovich (BMF) a national Top 200 CPA and advisory firm, is pleased to announce the following promotion, as well as the addition of new professionals that have joined its Northeast. Read More >>

Business Interruption – 5 Pitfalls that can foul-up your claim

November 12, 2019 Valuation

To weather a business interruption, damaged businesses need to be made whole again as quickly as possible. Business interruption (BI) insurance – or business income insurance – is a type of insurance that covers the loss of income because. Read More >>

2020 Cost-of-Living Adjustments (COLAs)

November 6, 2019 Tax Advisor

The IRS has announced the 2020 cost-of-living adjustments (COLAs), which impact retirement plans for more than 67 million Americans. In addition, the Social Security Administration announced the 2020 social security wage base will be $137,700, which reflects a 3.6%. Read More >>