CBM News

We are thrilled to announce that Julia Lafferty, CPA, partner and director of not-for-profit services, has been named president-elect of the Greater Washington Society of CPAs (GWSCPA). She will officially assume the role of president on June 30, 2025. This honor marks a significant milestone in Julia’s long-standing commitment to the accounting profession, and the not-for-profit industry. About the GWSCPA Founded in 1923, the Greater Washington Society of CPAs is a professional association serving CPAs and financial professionals across Washington,… Read more ›

Julia Lafferty, Partner and Director of CBM’s Not-for-Profit and Employee Benefit Plan Services, was recognized by Forbes as a 2025 Best-in-State CPA for Washington, D.C. This prestigious recognition, honors top-performing CPAs across the country who have demonstrated exceptional client service, expertise, and thought leadership within the accounting profession. Julia’s inclusion on this list reflects her long-standing commitment to delivering high-quality, tailored services to her clients. To read more about Forbes methodology, see their published response here. With more than 30… Read more ›

Accounting Today, the leading information resource for public accountants, ranked #14 on their list of Regional Leaders in the Capital region. The Capital region incorporates accounting firms that operate throughout Maryland, Virginia, Washington, DC and West Virginia. CBM experienced revenue growth of 3.48% over the past year. CBM earned a spot on Accounting Today’s list of top regional leaders for the past fifth consecutive year. Councilor, Buchanan & Mitchell (CBM) is a professional services firm delivering tax, accounting and business advisory expertise throughout the Mid-Atlantic… Read more ›

Councilor, Buchanan & Mitchell (CBM) will serve as a hole sponsor at the 2025 WANADA Open. An automotive industry event, the open brings together dealerships, industry partners and friends for golfing and networking. This yearly day of fun is hosted by the Washington Area New Automobile Dealers Association, a regional association that represents and promotes the retail automobile industry in the Washington metropolitan area. The 2025 WANADA Open will be held on Monday, May 19, 2025 in Sterling, VA. CBM’s automotive dealerships team is a… Read more ›

CBM is excited to have three of our divorce and litigation experts presenting at the upcoming Mid-Atlantic Collaborative Professionals Forum. Director of Divorce Litigation Services, Jordan P. Egert, CPA, CFE, CDFA®, and Managers Abbie (Niehoff) Frishman, MPS, CFP®, CDFA® and Stephanie Anderson, CFA, CFP®, CDFA®, will lead the session “Untangling Wealth: Mastering Commingled Assets in Collaborative Divorce” on Saturday, April 26th, from 9:00 AM to 10:30 AM. This session explores effective strategies for distinguishing and distributing the value of non-marital… Read more ›

On December 23, 2024, the Fifth Circuit Court lifted the injunction, allowing FinCEN to enforce Beneficial Ownership Information (BOI) reporting.  This injunction had temporarily halted the requirement for companies to comply with the Corporate Transparency Act’s (CTA) reporting rules, which were set to take effect on January 1, 2025. In response to the stay by the Fifth Circuit, FinCEN of the U.S. Department of Treasury published the following modified CTA reporting deadlines for submitting initial BOI reports: We’re Closely Monitoring… Read more ›

In August, Councilor Buchanan & Mitchell’s (CBM) Community Impact Committee organized a successful food drive to support the Capital Area Food Bank. Employees generously contributed canned goods and pantry staples to CBM’s Bethesda location. A digital campaign for monetary contributions allowed our remote employees and friends to take part in the action. In total, CBM collected 62 items including peanut butter, pasta, soup, canned vegetables and more. Our digital campaign raised $520, which will provide 1,040 meals to individuals and… Read more ›

Abbie (Niehoff) Frishman, manager of divorce financial planning services at Councilor, Buchanan & Mitchell (CBM), is scheduled to present at a Divorce OptionsTM of Northern Virginia workshop on Wednesday, November 13, 2024 from 5:30 – 7:30 pm EST. The Divorce OptionsTM program, sponsored by Collaborative Professionals of Northern Virginia, is a low-cast public education program presented by local experts in separation and divorce. The topics covered by presenters, who are financial specialists, attorneys and mental health professionals, include the legal,… Read more ›

Councilor, Buchanan & Mitchell (CBM) was named by the Daily Record as one of the 2024 Best Companies to Work For in Maryland. The awards event announcing all recognized companies was held at the Prime Rib at Live! Casino & Hotel Maryland in Hanover, MD on Wednesday, September 4 as part of its annual program to celebrate organizations that have demonstrated a commitment to excellence. Research for the Best Companies to Work For program was managed by the Best Companies… Read more ›

Jane Ochsman Rowny, partner and a director of divorce and litigation services at Councilor, Buchanan & Mitchell (CBM), will co-host a discussion for the International Academy of Collaborative Professionals on Wednesday, October 16 at 3 pm PT. The session, entitled “Conversation time with the Financial Neutrals”, will present a discussion and networking opportunity among financial neutrals as they discuss their role in the collaborative process working with both parties in a divorce to help them understand their financial situation and… Read more ›