Articles & Publications

Back-to-school season has returned – and so has the Sales Tax Holiday! For the fifth consecutive year, The Ohio Department of Taxation has announced the return of the sales tax holiday to help reduce the back-to-school blow to your. Read More >>

What’s Going On The Financial Accounting Standards Board (“FASB”) recently voted on a proposal to delay the effective dates for four significant standards related to accounting for leases, credit losses, derivatives and hedging, and long-duration insurance contracts. The proposal. Read More >>

On July 18, 2019, Ohio Governor Mike DeWine signed a new two-year state budget that includes lowering personal income taxes and retaining key business tax provisions. While the biennial budget period began July 1, 2019, most of the tax. Read More >>

Manufacturing owners have numerous questions around travel and entertainment expenses when attending trade shows, visiting with customers, meeting with suppliers, golf outings and other business trips. The rules and record-keeping can be a nightmare for the accounting team and. Read More >>

In June, 15 thoughtfully-diverse college accounting students from across Ohio were invited to participate in our “Building My Future” Summer Leadership Program (SLP). Now in its fourth year, this exclusive program gives students a first-hand view into working at. Read More >>

As we celebrate our 60th anniversary, we’re also celebrating Keith Libman‘s 50-year work anniversary, which began with former firm Libman, Goldstine, Kopperman & Wolf before merging with BMF in 2014. Congratulations Keith! We are pleased to announce the following. Read More >>

In June, we hosted a seminar on the key items facing employee benefit plan administrators. Below are the top takeaways from the program. Changes on the Horizon: Accounting Standards & Audit Update SOC reports provide a deeper understanding of. Read More >>

As this next wave of construction company owners begins planning their retirement, their children begin contemplating their own long-term career commitments. Many times, owners must consider other succession plan opportunities because what was once thought of as a family-owned. Read More >>

According to the Institute for Business and Home Safety, an estimated 25% of businesses don’t reopen following a major disaster. The Federal Emergency Management Association (FEMA) paints an even bleaker picture, putting the number between 40-60%, with another 25%. Read More >>

As part of the appraisal process, the value of a shareholder loan is considered, which oftentimes leads to these loans being adjusted. Back in college, accounting 101 instructed us on the treatment of loans. Loans owed to the company. Read More >>