CBM News

CBM’s professionals are running! On Sunday, October 28, ten team members and supporters will participate in the Marine Corps 10K in support of the Children’s Inn at NIH. The Children’s Inn is a not-for-profit residence for families with children participating in leading-edge research studies at the National Institutes of Health in Bethesda, MD. The NIH Clinical Center is the nation’s premier biomedical research hospital, providing an opportunity for residents to be partners in advancing medical discoveries and improving the health… Read more ›

September 6, 2018 (Bethesda, MD & Washington, DC) – Jenny Wang, CFA®, CFP®, senior investment analyst at CBM – Councilor, Buchanan & Mitchell, P.C. has earned her certified financial planner (CFP®) designation from the CFP Board, the organization recognized for fostering professional standards for personal financial planning. She joins Debora E. May, Judith P. Barnhard, Jane Ochsman Rowny, Wendy M. Moyers and Aleksandr S. Seleznev as CBM’s sixth certified financial planner, deepening the firm’s expertise in this area. In her… Read more ›

CBM is happy to announce the promotion of Jessica Rose. Jessica has expertise delivering tax, bookkeeping and financial statement services to organizations in the not-for-profit, construction, and healthcare sectors. Jessica’s extensive knowledge of QuickBooks and other accounting software is essential to her role in CBM’s outsourcing department. Everyone at the firm is proud of her accomplishment!

July 27, 2018 (Bethesda, MD & Washington, DC) – Wendy Moyers, CFP®, CDFA®, and Jordan Egert CPA, CFE, CDFA®, respectively senior financial advisor and litigation support manager at Councilor, Buchanan & Mitchell P.C. (CBM), completed mediation and collaborative training hosted by the Collaborative Practice Training Institute (CPTI), to refine their advocacy skills and enhance their ability to help clients involved in the collaborative practice. CPTI provides collaborative training to people of various occupations-from accountants, to lawyers and mental health professionals-who… Read more ›

CBM – Councilor, Buchanan & Mitchell, P.C., a leading full-service accounting and business advisory firm that serves the Mid-Atlantic region through offices in Bethesda, Maryland and Washington, DC, is proud to announce the promotions of several members of its team: Daniel Keefer, CPA, CVA – Senior Manager (Audit) Abyot Wondimu, CPA –Manager (Audit) Reema Patel, CPA – Supervisor (Audit) Shiwen Gao, CPA – Senior-in-Charge (Tax) Bryan Klieber, CPA – Senior-in-Charge (Audit) Daisy Paridon – Senior (Audit) Ginger Wu – Senior (Tax) “I am happy to… Read more ›

Abbie Niehoff, financial planning and litigation support paralegal at CBM – Councilor, Buchanan & Mitchell, P.C., has received her paralegal graduate certificate from George Washington University. The achievement represents demonstrated competence as a paralegal, and is a core component of the education and training program in which she is enrolled through a Master of Paralegal Studies course of study at GWU. She expects to graduate in December 2018. In her role at CBM, Ms. Niehoff delivers financial planning expertise to… Read more ›

CBM will sponsor the DC Academy of Collaborative Professionals’ Spring Symposium on April 27, 2018. The annual event, hosted by the Academy’s international network of legal, financial and mental health and other professionals who assist parties facing separating, divorce or other difficult matters through a non-adversarial process, will focus on the LGBTQ experience and the role of families, culture and the law. CBM is a long-time supporter and member of the Academy and offers decades of experience providing financial neutral… Read more ›

The Washingtonian, one of the Washington, DC metropolitan region’s most prominent guides to business, lifestyle and entertainment, interviewed Richard Morris, CBM’s tax services director, about the impact of the Tax Cuts and Jobs Act. The Act, which Congress passed in late December and represents the most significant act of tax reform in more than 30 years, introduces a series of impacts for both businesses and individuals. Mr. Morris specifically addressed the end of deductions for business entertainment and employee commuter… Read more ›

CBM – Councilor, Buchanan & Mitchell, P.C., a Bethesda, MD-based accounting and advisory firm, leaped six spots in the Washington Business Journal’s annual list of top accounting firms, and returned CBM to the list of Top 25 accounting firms in the Washington, DC metropolitan region. “Our bench strength is now at a point that allows us to better serve the diverse needs of our clients,” said Peter B. Reilly, CPA, CVA, the firm’s president and managing partner. “The acquisition of… Read more ›

CBM has developed this post to inform clients and friends of the firm about changes to the estate and gift tax exemption made by the massive Tax Cuts and Jobs Act effective beginning in 2018. It will result in significantly fewer estates being subject to the 40% tax, and larger estates owing less tax. Before the Tax Cuts and Jobs Act, the first $5 million (as adjusted for inflation in years after 2011) of transferred property was exempt from estate… Read more ›