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!

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Robert M. Burak

CPA

Office

3421 Ridgewood Road, Suite 300

Akron, OH 44333


330.762.9785
330.762.3108

About

Expertise

Articles

Bob Burak has transitioned to the distinguished role of “Partner Emeritus.” While stepping back from his day-to-day responsibilities, Bob remains actively engaged in leveraging his exceptional expertise in various specialties to support our clients and the firm. Bob brings a wealth of expertise and experience cultivated over his dedicated career in public accounting. With a focus on tax services, his specialties encompass a wide spectrum of tax practice management, team mentoring and client service, catering to both middle-market and Fortune 1000 clients.

Throughout his career, Bob primarily centered his efforts on the middle-market sector, collaborating with a diverse range of entities such as pass-through businesses, C corporations and private equity groups. His extensive background in tax compliance and advisory services spans various areas, including transactional advisory services for mergers and acquisitions, resolving accounting method issues related to inventory, accrual timing, and prepaid deductions, and providing international tax consulting services. This includes assisting clients in establishing foreign operations, addressing transfer pricing matters, facilitating the repatriation of earnings, and contributing to international restructuring and mobile income planning to enhance clients’ global tax efficiency.

Before joining BMF in December 2010, Bob served as the Cleveland tax practice leader and partner at Grant Thornton, LLP for 19 years. In this role, he delivered tax and advisory services to a diverse range of domestic and international clients. Bob was responsible for overseeing the tax practice for the northern Ohio, western Pennsylvania, West Virginia, and western New York regions, ensuring comprehensive client support in the areas of taxation and strategic guidance.

We look forward to continuing to work alongside Bob in his new role as Partner Emeritus, as he continues to be an invaluable asset to our clients and the firm.

Specializations

Education

  • Bachelor of Science in business administration with a concentration in accounting, John Carroll University, University Heights, Ohio

Certifications

  • Certified Public Accountant (CPA)

Professional and Civic Memberships

CliftonStrengths

  • Positivity
  • Woo
  • Communication
  • Includer
  • Achiever

State and Local Impact of Working from Home Post-Pandemic

On March 27, 2020, Ohio Governor Mike DeWine signed House Bill 197 into law, which includes a provision that clarifies the treatment of municipal income tax withholdings while employees are working from home rather than their principal place of. Read More >>

Ohio Tax Update for Lawyers, Lobbyists, Pink Tax; Wayfair Guidance Rollout

November 21, 2019 Tax Advisor

Ohio Senate Bill 26 Ohio Governor Mike DeWine signed Ohio Senate Bill 26 into law, which reflects several noteworthy tax changes. Repeals the lawyer and lobbyist exemption from claiming the business income deduction and preferential 3% tax rate. As. Read More >>

IRS Issues Transitional Guidance on Meals & Entertainment Deductions

As we noted in our March Tax Reform Series #5 Advisor, the TCJA amendment caused significant confusion regarding the deductibility of meals that occurred before, after or during the entertainment. IRS Notice 2018-76 was issued to provide transitional guidance. Read More >>

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