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.

Articles & Publications

Treasury Modifies SBA Loan Regulations

Under the coronavirus relief package, nearly $350 billion was allocated to the Small Business Paycheck Protection Program to help businesses with 500 or fewer employees with loans of up to $10 million. The loans will be forgiven if businesses. Read More >>

Ohio Gov. DeWine Signs COVID-19 Related Legislation

On March 27, 2020, Ohio Governor Mike DeWine signed into law Ohio House Bill 197 (HB 197), which provides emergency relief to Ohioans during the COVID-19 pandemic. This legislation includes several tax provisions for individuals and businesses. To align. Read More >>

CARES Act: Federal Coronavirus Emergency Relief Package in Response to COVID-19

Relief is coming. Following supplemental funding for government agencies and individual-focused legislation, the President is expected to sign Phase III legislation in the CARES Act after it clears the House in response to the COVID-19 crisis. The Act is. Read More >>

State Agencies Issue Financial Relief to Ohio Businesses and Workers in Response to COVID-19

The Ohio Bureau of Worker’s Compensation, The Ohio Department of Insurance and The Ohio Department of Labor have issued orders and additional guidance on insurance premiums and FMLA requirements for employers and employees in light of the COVID-19 impact.. Read More >>

In Response to COVID-19: House & Senate Approve $2 Trillion Economic Rescue Package; Tax Extensions Clarified

In an effort to rush sweeping aid to businesses and workers, lawmakers reached agreement on another relief bill that includes several economic incentives, as well as additional tax relief provisions. The details of the $2 trillion stimulus package are. Read More >>

In Response to COVID-19: Stay At Home Order

The Stay at Home Order issued yesterday by Ohio Department of Health Director, Dr. Amy Acton, has identified CPA Firms as essential businesses. With these new governmental directives underway, we want to keep you informed of our plan to. Read More >>

Treasury Extends Tax Filing Deadline 90 Days

In a historic move, Secretary of the Treasury, Steven Mnuchin has announced the April 15th tax filing deadline is changed to July 15 for all taxpayers and businesses via Twitter. “At @realDonaldTrump’s direction, we are moving Tax Day from. Read More >>

SBA Offering Ohio Businesses Low-Interest Federal Disaster Loans in Response to COVID-19 Coronavirus

Ohio small businesses are now eligible for the SBA’s Economic Injury Disaster Loans. The U.S. Small Business Administration has announced it is offering low-interest federal disaster loans for working capital to small businesses suffering substantial economic injury as a. Read More >>

President Trump Signs Coronavirus Emergency Aid Package, IRS Issues Guidance on Tax Payment Extension

President Trump signed the latest coronavirus aid package into law Wednesday evening to provide relief amidst the coronavirus pandemic. The new law modifies and expands on the bill passed by the House on March 14th. This comes after receiving. Read More >>

Treasury Delays Tax Payments by 90 Days, Filing Deadline Currently Unchanged

On Tuesday, Treasury Secretary Steven Mnuchin announced that the April 15 deadline to pay taxes is being pushed back 90 days due to the coronavirus pandemic. The announcement did not include any mention of delaying the April 15 filing. Read More >>