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Navigating IRS Notices

With tax season now over, the IRS has begun sending out notices for recently filed returns. There is no need to panic as these notices are sent for a variety of reasons that do not always involve owing more. Read More >>

Investment Diversification with Active and Passive Plan Investment Options

The fiduciary responsibility of plan sponsors is to periodically review policies for their retirement plans. While most plan sponsors consider a balance between large-cap and small-cap, global and domestic, and equity and bond investments in their investment policies, plan. Read More >>

Valuing a business in a volatile market

In mid-March of 2020, the global pandemic related to the COVID-19 virus shut down the US economy. This created a unique operating environment for businesses and forced valuation analysts to adapt some of their models and methods in order. Read More >>

Staff Highlights – Spring 2022

Polar Plunge 19 jumpers bravely took the plunge at the 19th Annual Portage Lakes Polar Bear Club in support of the 2022 Harvest for Hunger campaign! Our team raised more than $7,000, which is part of our full that supports both Akron-Canton. Read More >>

BMF Named a 2022 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 its 2022 Top Firms in the Great Lakes region – an area that includes the states of Illinois, Indiana, Michigan,. Read More >>

Don’t Be a Victim: Stay Vigilant for Evolving Fraud Schemes

March 14, 2022 Accounting & FinanceFraud BMF

Fraudsters have become increasingly creative in finding ways to exploit vulnerabilities and unlawfully access personal and/or business information and assets. These cons have evolved over the years with dramatic spikes during times of economic and political global duress. Fraudsters. Read More >>

Operating Reserves: Is Your Organization Safeguarded?

COVID-19 brought to the forefront the necessity of having a strong balance sheet for nonprofits. Those organizations with limited liquidity and minimal reserves struggled mightily in fulfilling their missions. But those entities with ample resources not only survived but. Read More >>

5 Ways to Maintain Profitability on Change Orders

February 21, 2022 Construction

Changes during a construction project are often inevitable. In fact, change orders are so common that they affect more than one-third of projects. While these changes can lengthen a project’s schedule and increase labor and material costs, they can. Read More >>

BMF Receives 2022 Best of Accounting Award for Client Service Excellence

We are proud to announce that we have won the Best of Accounting Award for providing superior client service. ClearlyRated’s Best of Accounting® Award winners have proven to be industry leaders in service quality based entirely on ratings provided. Read More >>

Remote Working: Tax Friend or Foe?

COVID-19 has certainly accelerated many shifts for businesses and employees, most notably remote working. Since many employees were forced to work from home due to government mandates or CDC recommendations, employees were able to show that they could work. Read More >>