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CBM Communicator

October 20, 2020

Understanding the Electric Vehicles Tax Credit Program

As consumers become more conscious of their environmental footprint and look for ways to save money, more and more electric vehicles can be seen on the roads today stretching from coast to coast. States are encouraging the purchasing of electric vehicles as well as exampled by California where the governor has taken action to ban the sale of non-electric vehicles after 2035. At this point, most taxpayers know or have heard of an electric vehicle tax credit program, but what… Read more ›

October 14, 2020

CBM Hires Senior Manager Steve Snee to Expand Auto Dealership Accounting Experience

Councilor, Buchanan & Mitchell, P.C. (CBM) has hired Senior Manager Steve Snee, CPA to expand the experience of the firm’s auto dealership practice. Steve will be responsible for managing accounting services including attestation, business and individual tax, and consulting for dealerships, their owners, related entities, individuals and other clients up and down the East Coast. “Since 1921, we have forged some of our strongest client relationships in the dealership industry,” said Peter B. Reilly, CPA, CVA, President and Managing Partner… Read more ›

October 7, 2020

CBM Hires First Chief Operating Officer, Continuing Trajectory of Growth and Expansion

Councilor, Buchanan & Mitchell, P.C. (CBM) has hired its first chief operating officer. Marc Charon, CPA, MBA, formerly chief financial operating officer at a DC-area not-for-profit, brings proven, senior-level expertise in executing growth-driven business strategy, optimizing team performance, and shaping organizational mission, talent management and culture. “We are thrilled to welcome Marc to our growing firm,” said Peter B. Reilly, CPA, CVA, President and Managing Partner of CBM. “As our team size has more than doubled in less than a… Read more ›

October 5, 2020

CBM Run/Walk Event in Alexandria Raises $1,790 for The Children’s Inn at NIH

by Kathleen Booker, CBM Senior-in-Charge On Sunday, September 27, CBM hosted a charity run/walk in Alexandria, Virginia that raised $1,790 for The Children’s Inn at NIH, a not-for-profit organization that helps provide a safe haven for children undergoing intensive medical treatments and hospitalizations at the National Institutes of Health. The event, organized by CBM Senior-in-Charge Kathleen Booker, continues the firm’s CBM-100 Charities initiative, kicked off late last year, to celebrate the firm’s 100th anniversary. To recognize the many not-for-profits that… Read more ›

October 2, 2020

Creating Financial Harmony: Living Together, Engaged & Newlyweds

by Abbie Niehoff, MPS, Divorce Financial Specialist, Councilor, Buchanan & Mitchell, P.C.  One of the most beneficial conversations you can have with your significant other is about money. As a divorce financial professional, I have seen numerous couples who ended their marriages for a plethora of reasons – one of the most common being money and the problems that arise from the lack of communication about their money. If they had a conversation early on in their relationship setting the… Read more ›