What is the New Lease Standard? The objective of the new lease standard is to include all lease commitments in financial statements, as opposed to the previous practice of excluding operating leases. This change ensures that the financial statements. Read More >>
We are pleased to welcome Stephen A. Mazza, CPA, as a Partner in the firm. Steve has spent nearly his entire career at a regional accounting firm, joining immediately after graduation in 2011 from The University of Akron. Throughout. Read More >>
We are excited to announce the following associate promotions across our Northeast Ohio team. To Senior Manager Joseph W. Blaha, CPA, Assurance & Advisory Services. Joe serves clients in diverse industries, including manufacturing/distribution, construction, professional services, retail, and employee. Read More >>
There are over 31 million privately-held businesses in the United States and of those, Baby Boomers (born between 1946 and 1964) account for approximately 40% of ownership. Experts estimate that roughly 10,000 Baby Boomers retire each day. Succession is. Read More >>
On August 16, 2022, President Biden signed the Inflation Reduction Act (IRA) into law. The major impact of the IRA is the government’s investment in clean energy and sustainability through incentives and tax credits. The credits are designed to. Read More >>
We are excited to announce that we have been recognized by INSIDE Public Accounting (IPA) as a Top 200 Accounting Firm in the nation! The IPA’s annual rankings of the 500 largest firms in the U.S. are listed from. Read More >>
Before going into their August recess, both Houses passed the CHIPS and Science Act of 2022, which The President is expected to sign shortly. The Senate also announced the Inflation Reduction Act of 2022 as a budget reconciliation bill.. Read More >>
Welcome our Newest Partner! BMF welcomes with pride and purpose, our newest partner, Dana Mountjoy! Read Story New Associates We are excited to announce and welcome the following additions to our professional staff. Jenny Bonds joins us as an. Read More >>
In its June 3, 2022, Employee Plans Newsletter, the Internal Revenue Service announced a pilot compliance program affecting retirement plans and their sponsors. Under this pilot program, the IRS will notify a plan sponsor by letter 90-days in advance. Read More >>
Despite a weak economy and uncertainty related to the COVID-19 pandemic, merger and acquisition activity has been consistent if not escalated over the past two years. Many companies that have not previously made acquisitions are surprised to learn that. Read More >>
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