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Succession Planning: Build Value into Your Company

The construction industry is notoriously cyclical — boom-and-bust patterns seem to repeat at regular intervals. As they look back over the latest cycle, many experienced contractors are deciding they don’t want to struggle through another downturn in five or. Read More >>

Eric German Joins BMF, Enhancing Firm’s SEC Resources

September 10, 2014 Breaking News and Alerts BMF

CLEVELAND & AKRON, OH (September 10, 2014) – Bober Markey Fedorovich welcomes Eric D. German, CPA, MAcc, as senior manager in Assurance and Advisory Services. German brings more than eight years of financial audit and business advisory experience within. Read More >>

Are You Concerned About Paying Too Much Tax on Your Inherited Stock Sales?

  Have you recently inherited assets and are wondering how to preserve your inheritance in the face of complex tax issues?  Heirs need to be aware of a few estate tax implications associated with inheritance that can work in. Read More >>

Accounting for Revenue Recognition Will be Changing Soon

After nearly 13 years of work, the Financial Accounting Standards Board (FASB) and International Accounting Standards Board (IASB) issued their converged standard on revenue recognition on May 28.  The objective of the new revenue standard is to provide a. Read More >>

Rick Fedorovich Selected to Leadership Cleveland

July 15, 2014 Breaking News and Alerts BMF

CLEVELAND, Ohio – July 15, 2014 – Richard C. Fedorovich, managing partner of regional accounting and business advisory firm Bober Markey Fedorovich (BMF), was selected as a member of Leadership Cleveland, Class of 2015. Leadership Cleveland is a 10-month. Read More >>

Merklin to Receive Distinguished Leader Award

July 2, 2014 Breaking News and Alerts BMF

Local Advocate for United Way, other causes honored by Leadership Akron Alumni Association Published by the Leadership Akron Alumni Association May 22, 2014 Akron, OH – The Leadership Akron Alumni Association has named James E. Merklin this year’s recipient. Read More >>

The Tangible Property Regulations: Amounts Paid to Acquire or Produce Property

The IRS released the highly anticipated final regulations regarding tangible property late last year.  The final regulations provide a myriad of new rules for many taxpayers that became effective Jan. 1 of this year for calendar year-end taxpayers. The. Read More >>

Now is the Time to Consider Amending Qualified Plans for Same-Sex Marriages

The Internal Revenue Service (IRS or Service) recently issued guidance on how qualified retirement plans must treat the marriages of same-sex couples. The notice provides an effective date and retroactive effect for implementing the Windsor decision as well as. Read More >>

Big GAAP vs. Little GAAP vs. No GAAP

The AICPA Issues the Financial Reporting Framework for Small- and Medium-Sized Entities In June 2013, the American Institute of CPAs issued the Financial Reporting Framework for Small- and Medium- Sized Entities (FRF for SMEs), a new option for businesses. Read More >>

Important Changes to the Commercial Activity Tax in 2014

April 10, 2014 Tax Advisor

  Mandatory Electronic Filing and Changes to the Minimum Fee A number of changes to the Ohio Commercial Activity Tax (CAT) became effective Jan. 1. Among those changes is the mandatory online filing of all originally filed CAT returns.. Read More >>