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CBM Communicator

May 24, 2022

CBM Manager Reema Patel Publishes Diversity Article for Virginia Society of CPAs

Reema Patel, manager and co-director of Diversity – Professional Accountants and Advisors Transforming the Horizon (D-PATH), the firm’s internal diversity and inclusion group, published an article in the Spring 2022 issue of Disclosures, the membership publication of the Virginia Society of CPAs. Reema’s article, “Carving a Diverse Path: How One CPA Firm Developed a Program to Develop and Advance a Diverse Workforce”, shares how D-PATH began driving more intentional efforts to empower women and minorities through professional development, networking and… Read more ›

May 24, 2022

The Clean Energy Initiatives Your Dealership Shouldn’t Ignore

  The global wide push to “go green” has built momentum over the years, and research points toward an even greater increase in the American demand for clean energy going forward. While the movement has primarily centered around the adoption of electric vehicles, the clean energy trend isn’t just lucrative for car sales. There are myriad attractive clean energy initiatives that could result in significant tax savings for your auto dealership. While many clean energy initiatives have come and gone… Read more ›

May 23, 2022

Proposed Regs for Inherited IRAs Bring Unwelcome Surprises

Back in late 2019, the first significant legislation addressing retirement savings since 2006 became law. The Setting Every Community Up for Retirement Enhancement (SECURE) Act has resulted in many changes to retirement and estate planning strategies, but it also raised some questions. The IRS has been left to fill the gaps, most recently with the February 2022 release of proposed regulations that have left many taxpayers confused and unsure of how to proceed. The proposed regs cover numerous topics, but… Read more ›

May 18, 2022

Senior Manager Mikki Obreja Quoted in Cryptocurrency White Paper About Long-Term Capital Gains Rate for Donors

Mikki Obreja, senior tax manager at CBM, has been quoted in a white paper by CrossTower, a cryptocurrency exchange entitled “Cryptocurrency Donations”. Mikki addresses the impact on a donor’s long-term capital gains rate after the sale of bitcoin based on the donor’s taxable income and filing status. Click here to read the white paper. Councilor, Buchanan & Mitchell (CBM) is a professional services firm delivering tax, accounting and business advisory expertise throughout the Mid-Atlantic region from offices in Bethesda, MD and Washington, DC.  

May 17, 2022

Aleksandr S. Seleznev Quoted in Kiplinger Article About Earning Up to 9% Yields On Your Money

Aleksandr S. Seleznev, partner and director of wealth management and financial planning at CBM (and co-founder of MBI, the firm’s wealth management subsidiary), has been quoted in an article by Kiplinger entitled 37 Ways to Earn Up to 9% Yields on Your Money. This is the third year Alex has been quoted in Kiplinger’s Investing column. Click here to read the article. Councilor, Buchanan & Mitchell (CBM) is a professional services firm delivering tax, accounting and business advisory expertise throughout… Read more ›