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

All Posts

Business Exit Readiness – Are You Ready?

For owners who are considering a future transaction of their business, it is important to know that your “exit readiness” today is essential to have a successful transfer that maximizes value in the deal when you’re ready. From our. Read More >>

Regional Firms Must Find New Ways to Recruit Talent

January 7, 2016 BMF in the NewsBMF Insights BMF

CLICK HERE to read on Accounting Today. “Bigger is better.” The American cultural preference that all things big must be best certainly carries through to the accounting industry. This resonates with many job-seekers, who assume careers and job opportunities. Read More >>

Ohio’s Residency Contact Period Test Increased by 30 Days

January 4, 2016 Tax Advisor

Starting in 2015, individuals with less than 213 “contact periods” will be considered a non-resident for purposes of Ohio personal income tax.  Prior to 2015, individuals with less than 183 contact periods were considered non-residents. A contact period within. Read More >>

Dale Ruther Earn Prestigious CCIFP Designation

AKRON, OH – January 1, 2016 – Bober Markey Fedorovich (BMF), a top 20 regional CPA and advisory firm in Northeast Ohio, is pleased to announce that Dale A. Ruther, CPA, CIT, CDS has received the Certified Construction Industry Financial. Read More >>

Congress Passes Tax Extenders Bill; Business and Individual Provisions Reinstated

December 18, 2015 Congress has approved the long-awaited tax extenders bill and is now awaiting President Obama to sign the Protecting Americans from Tax Hikes Act of 2015 (“the Act”) into law. Most provisions of the Act are retroactive. Read More >>

What Did the Analyst Know — and When Did He Know It?

December 9, 2015 Valuation

A business valuation is an assessment of a company at a specific point in time. It reflects the circumstances and prospects of the company at a certain date. So what happens when those circumstances change, either for the better. Read More >>

Middle Market Companies Should Review Capitalization Policies Before Year End to Deduct More Property Costs in 2016

  The IRS recently issued Notice 2015-82 which increased the de minimis safe harbor amount for taxpayers without an applicable financial statement (AFS) from $500 to $2,500.Generally, an applicable financial statement would be one that is either required to. Read More >>

2015 Year End Tax Planning Tips

December 3, 2015 Tax Advisor

As we near the end of 2015, there are various strategic tax planning moves you may want to consider to minimize your 2015 and future tax liabilities. This letter is intended to provide some ideas for planning to consider. Read More >>

FASB Simplifies Balance Sheet Classification of Deferred Taxes; Debt Covenants May Be Affected

December 1, 2015 The FASB has issued a rather significant update to improve upon the balance sheet presentation of deferred taxes. Upon adoption, deferred tax assets or liabilities will be presented on one line item as non-current assets or. Read More >>

FASB Moving Forward with Finalizing Leasing Standards

It’s just about official! Leases are going to be on the balance sheet effective 2019 for public companies and 2020 for private companies. After a vote on Wednesday, November 11th, the Financial Accounting Standards Board (FASB) will finally publish,. Read More >>