BREAKING NEWS

BMF Named a Best of the Best Firm by IPA

We are excited to announce that we have named to the 2020 Best of the Best Firms list by INSIDE Public Accounting, an award-winning newsletter for the accounting profession.

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Ohio’s 2020 Sales Tax Holiday for Back-to-School Shopping is Aug 7-9

The Ohio Department of Taxation announced that the 2020 Sales Tax Holiday will start on Friday, August 7, 2020 and end on Sunday, August 9, 2020 at midnight. During the holiday, the following items will be exempt from tax:. Read More >>

COVID-19 Checklist: Reassessing Your Risks and Internal Controls

The global pandemic has caused nearly every business to rapidly adjust its operations to allow for remote and contact-less working environments. But during this abrupt pivot, some organizations may have adversely impacted their control environment, elevating their financial and. Read More >>

Rick Fedorovich Named to Leadership Roles for Cleveland Leadership Center and Ohio Society of CPAs

July 28, 2020 BMF InsightsMeet Our Team BMF

Richard C. Fedorovich, CPA, has been named chair of the Cleveland Leadership Center board and was appointed to the board of the Ohio Society of Certified Public Accountants (OSCPA). Rick was elected board chair of the Cleveland Leadership Center. Read More >>

Navigating Uncertainty for Future Success, Together

I wanted to share with you some thoughts on how COVID is affecting our clients, their go-forward strategies and our own firm as well. It’s a time when we’re all starving for normalcy and certainty. Many of us are. Read More >>

Ohio Issues CAT Guidance on PPP Loan Forgiveness

Companies who have received Paycheck Protection Program (PPP) loans through the CARES Act may be wondering how to treat the loan and potential forgiveness amounts for Ohio Commercial Activity Tax (CAT) purposes. The amount of the company’s PPP loan. Read More >>

BMF Staff Highlights – Spring & Summer 2020

July 8, 2020 BMF InsightsMeet Our Team BMF

Help isn’t just defined in a business context. We encourage our teams to invest in our communities, in each other and in ourselves. Here are some of the ways we’re enhancing our efforts to support our local charities by. Read More >>

Kristian Barr Selected for Cleveland Bridge Builders Class of 2021

July 7, 2020 BMF InsightsMeet Our Team BMF

We are pleased to announce that Kristian R. Barr, CPA, MSA, has been named to Cleveland Bridge Builders class of 2021. Cleveland Bridge Builders is a 10-month leadership program that provides mid-career professionals with knowledge, skills and relationships to. Read More >>

Five Week Extension to PPP Loan Applications

Last night, the U.S. House of Representatives joined the Senate in passing an extension for companies to apply for PPP loans. This program, which ended on June 30th, will now be extended to August 8th, when the President signs. Read More >>

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 >>

SBA Issues Revised “Borrower-Friendly” Forgiveness Applications

The U.S. Small Business Administration (SBA) has issued revised forgiveness applications for loans issued through the Paycheck Protection Program (PPP). According to the Department of the Treasury (Treasury), the revisions are “borrower-friendly” and implements the PPP Flexibility Act of. Read More >>