When you’ve devoted your life and career to the success and sustainability of your business – the business you, your parents or grandparents may have started – oftentimes it’s hard to let go. But staying on isn’t always what’s. Read More >>
Have you ever heard the phrase “rob Peter to pay Paul”? This, my friends, is a great metaphor for how a Ponzi scheme works. Essentially, this phrase means to take something away from one person (Peter) to pay another. Read More >>
2019 marks our 60th anniversary. 60 years is a long time, a lot has changed. Every desk now has a computer on it; more than two-thirds of the world’s population has a mobile phone connection; more than 60% of. Read More >>
As part of our ongoing efforts to align the strategic development of our leadership team and ensure sustained long-term growth, Tod Wagner was named Partner-in-Charge of BMF’s Tax Services practice at the beginning of 2019, while continuing his responsibilities. Read More >>
To support the continued growth of our practice, we are pleased to announce the following additions to our professional staff: Kristian Barr, CPA, MSA joins our Akron office as senior manager in audit. A Kent State University alumnus, Kristian. Read More >>
Let’s start off with a story to show you the power of your gross profit margin: Company A sells 1,000 widgets to three customers at a 20% gross profit of $600. Company B sells 1,000 widgets to 300 customers. Read More >>
An initial step in any business valuation engagement tasks the valuator to identify the valuation approach and methodology. One of the most commonly used valuation methods is the discounted cash flow (“DCF”) method of the income approach. The DCF. Read More >>
The first quarter of a new year is a good time to review any challenges or opportunities that your organization may face. Looking early in the year allows you enough time to put any critical processes in place or. Read More >>
When the stock market took a precipitous plunge this past December, there was immediate chatter on the possibility of sliding into another recession. It occurred to me that not only have we gone nearly ten years without a recession,. Read More >>
On Thursday, February 28, Senate Finance Committee leaders introduced legislation to retroactively extend tax provisions that expired at the end of 2017 and 2018. The measure would extend some 29 expired tax provisions through the end of 2019 at. Read More >>
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