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Michael Hydell Promoted to Senior Manager at BMF

AKRON, OH – January 19, 2016 – Bober Markey Fedorovich (BMF), a leading CPA and advisory firm in Northeast Ohio, announced that Michael A. Hydell, CPA, MTax, has been promoted to Senior Manager within the firm’s Tax Services group. Read More >>

Financial Reporting: VIE Rules Can Cause Confusion

January 19, 2016 Construction

Tuesday, January 19, 2016 For most construction businesses, maintaining financial statements that comply with generally accepted accounting principles (GAAP) is a fundamental requirement of doing business. Lenders and sureties require contractors to submit financial statements that have been certified. Read More >>

Scrupulous Due Diligence Bolsters the Buyer’s Advantage

As seen in Crain’s Cleveland Business Issued the week of January 18, 2016 The current M&A market remains a “seller’s market,” both in terms of economics (purchase price multiples), as well as the structure of key deal terms. The. Read More >>

Exit Planning Strategies: Is an ESOP Right for You and Your Employees?

Tuesday, January 12, 2016 When planning your business exit strategy, one of the first things to do is decide who will succeed you. For example, you can sell the business to an outside buyer, pass it on to family. Read More >>

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 >>