Articles & Publications

All Posts

BMF Named a 2021 Best of the Best Firm by INSIDE Public Accounting

We are excited to announce that we have been named to the 2021 Best of the Best Firms list by INSIDE Public Accounting (IPA), an award-winning newsletter for the public accounting profession. This is the second consecutive year we’ve. Read More >>

SBA Eliminates PPP Loan Necessity Questionnaire

We reported last month that the Small Business Administration (SBA) was planning to withdraw its controversial Loan Necessity Questionnaire for Paycheck Protection Program loans of $2 million or more. In a notice sent July 9, the SBA officially stated. Read More >>

Mindy Marsden Named Partner at BMF

Mindy S. Marsden, CFE, has been named our newest partner at BMF, effective July 1, 2021. Mindy was a Senior Manager in our Transaction Advisory Services (TAS) practice; which is a national practice serving private equity groups, strategic buyers,. Read More >>

SBA To Withdraw Paycheck Protection Program Loan Necessity Questionnaire

The American Institute of Certified Public Accountants (AICPA) yesterday reported that the Small Business Administration (SBA) plans to withdraw its highly controversial loan necessity questionnaire. Last fall the SBA published Form 3509 – Loan Necessity Questionnaire in an attempt. Read More >>

BMF Receives 2021 Best of Accounting Award for Client Service Excellence

We are enthusiastic to announce that we have been awarded the 2021 Best of Accounting Award for providing superior service to clients. ClearlyRated’s Best of Accounting® Award winners have proven to be industry leaders in service quality based entirely. Read More >>

IRS Issues Guidance Around Extended Tax Filing Deadline

On March 17 the IRS announced an automatic postponement of the tax filing deadline from April 15 to May 17 “to help taxpayers navigate the unusual circumstances related to the pandemic, while also working on important tax administration responsibilities.”. Read More >>

Paycheck Protection Program Application Deadline Extended 60 Days

After sailing through the U.S. House of Representatives, the U.S. Senate approved the extension of the filing deadline for Paycheck Protection Program (PPP) applications by 60 days and provides an additional 30 days for the U.S. Small Business Administration. Read More >>

BMF Named a 2021 Great Lakes Regional Leader by Accounting Today

Accounting Today, the premier publication of the certified public accounting industry has again included BMF on the list of 2021 Top Firms in the Great Lakes region – an area that includes the states of Illinois, Indiana, Michigan, Wisconsin. Read More >>

President Biden Signs American Rescue Plan Act

On March 11, 2021, President Biden signed the American Rescue Plan Act (ARPA), which provides almost $2 trillion to support families and businesses affected by the COVID-19 pandemic. Here is a summary of the tax-related provisions in the Act.. Read More >>

Congress Passes Year-End Spending, Stimulus Bill with Tax Extenders

The Consolidated Appropriations Act, 2021 (CAA, 2021) passed Congress on December 21, 2020, and is awaiting the President’s signature. The CAA is 5,500 pages that touch on many areas of tax law, and additional changes could occur as the. Read More >>