BREAKING NEWS

BMF Akron Office Closure Beginning May 1

Beginning May 1, our Akron Office will be closed to the public for renovations but will remain available to assist you. Contact your BMF Advisor or call 330.762.9785 to speak with someone who can help. We anticipate renovations taking several weeks, so stay tuned for updates!

Articles & Publications

Trump’s Tax Reform: What’s in the Final Version?

On December 19, 2017, with a vote of 227-203, the House passed the final tax reform bill and the Senate followed with a vote of 51-48.  Due to a technicality on the bill, on December 20 the House re-voted. Read More >>

GOP Leaders Reveal Tax Reform Bill

On Nov. 2nd, Kevin Brady, Chairman of the House Ways and Means Committee, introduced the “Tax Cuts and Jobs Act” (H.R. 1) which would overhaul and “simplify” the tax code.  We have summarized below some of the more prevalent. Read More >>

Commonly Overlooked Items for Maintaining S Corporation Election

  S Corporations offer the benefit of passing income through to shareholders for taxation instead of being double taxed, once at the entity level, and once as a dividend when profits are distributed. To maintain S Corporation status, there. Read More >>

Tax Reform Framework Released

  The Trump Administration, the House Ways and Means Committee, and the Senate Finance Committee have released a Framework for Tax Reform. The unified framework is intended to be used as the foundation to craft tax legislation and to serve as the template. Read More >>

Will You Benefit from President-Elect Trump’s Tax Plan?

November 11, 2016 Tax Advisor

The results are in and Donald Trump will be our next president.  As tax advisors, we were paying attention to his tax plans as he was articulating them during his campaign trail. His plans included changes for individual taxes,. Read More >>