Articles & Publications

As 2017 starts to wind down, you may want to consider some strategic planning moves that may help lower your tax bill for this year and possibly next. Of course, significantly compounding the planning challenge this year is the. Read More >>

Under ERISA, employee benefit plan administrators have complete responsibility for all administrative functions of the plan. This includes everything from selecting service providers and investment management to maintaining accurate minutes that document the decision-making processes. Selecting the third-party administrators. Read More >>

  On November 9, the Senate Finance Committee released a draft of its tax reform bill. Although the bill is not expected to pass in its current form, it provides insight into what certain Republican Senators on this committee. Read More >>

Nonprofit fundraisers know they have to “go where the money is.” And these days, it seems like a lot of the money is in crowdfunding. Just witness the incredible success of all the recent “ice bucket challenges” and high-profile. Read More >>

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 >>

BMF is proud to announce that Karyn M. Sullivan, CPA, has been selected by Crain’s Cleveland as a 2017 Influential Woman in Finance. In their 2017 inaugural feature, Crain’s selected 15 women from an impressive pool of nominees representing. Read More >>

BMF is pleased to announce the addition of Megan L. Kishman, CPA, to the firm’s Tax Services Practice. Kishman is a manager in the tax department with more than 12 years of public accounting experience. Having relocated from Louisville,. Read More >>

  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 >>

  The IRS recently announced the 2018 cost-of-living adjustments (COLAs) that impact retirement plans and the Social Security Wage Base (SSWB). After the largest increase in 20 years in the SSWB from 2016 to 2017, the SSWB increased by. Read More >>

In the wake of the recent Equifax data breach, manufacturers should reassess their risk of fraud. According to the Association of Certified Fraud Examiners (ACFE), manufacturing ranks among the top three industries with the greatest number of fraud cases. Read More >>