Category: CBM News

PDF: CBM Recognized for Corporate Philanthropy by the Washington Business Journal CBM, a full-service tax, accounting and advisory business serving clients in the Washington, DC metropolitan and Mid-Atlantic regions, was recognized for its 2020 philanthropic contributions by the Washington Business Journal. CBM ranked 5th among small businesses with 1,123 metro-area volunteer hours and 6th in metro-area financial contributions of $86,678. “This reflects only partly on a successful 100th anniversary campaign,” said Daniel L. Weaver, CPA, president and managing partner of… Read more ›

CBM is proud to announce the following promotions effective January 1, 2022:   Gemma Coronado, CPA – Senior Manager Lori Reynolds, CPA – Manager Kathleen Booker, CPA – Supervisor Daisy Paridon, CPA – Supervisor Lingni Xu, CPA – Supervisor Derya Gazioglu – Senior Accountant Kelli Mills – Senior Accountant Susan Shields – Senior Accountant Abbie Niehoff, MPS, CFP® – Senior Divorce Financial Specialist Yunen Ding – Portfolio Specialist and Senior Financial Analyst The promotions recognize increasing expertise across all the firm’s… Read more ›

CBM was recognized by the Accounting and Financial Women’s Alliance (AFWA) and the Accounting MOVE Project for the third consecutive year as a top accounting firm for leadership equity. Recognition acknowledges the achievements of firms nationwide that successfully passed the threshold of having at least 30% of its partner and principal group composed of women, a statistic research suggests allows for meaningful contributions from a particular group. “We could not be prouder of the CBM team,” said Daniel L. Weaver,… Read more ›

CBM is scheduled to sponsor and present at the 2021 Greater Washington Society of CPA’s annual Nonprofit Symposium. The GWSCPA nonprofit symposium, to be held digitally from November 16-18, brings together representatives from the not-for-profit sector as well as members from the accounting profession who serve the industry for two and a half days of learning and connecting. Participation provides access to a community of resources that will extend far into the next year. CBM Partner Julia Lafferty and Senior… Read more ›

Do you own real estate that will produce a big capital gain when you sell it? Fortunately, you may be able to realize significant tax benefits by negotiating an installment sale of the property. However, there are several potential tax traps to avoid. How do you qualify for installment sale reporting? It’s relatively easy. All you have to do is arrange to receive payments over at least two tax years. For example, say you contract to sell real estate in December… Read more ›

  Joe Wilson has been a long-time member of the financial review committee of Trinity Presbyterian Church in Arlington, VA but he recently decided to broaden his involvement when his church announced a volunteer activity with a legal aid ministry called Restoration Immigration Legal Aid (RILA). “Volunteering my time is something I’ve been more interested in recently,” he says, referencing some of his friends from the church community who speak often of their service activities. Joe participated in a church-based… Read more ›

Before leading a CBM volunteer activity at the organization’s Gaithersburg, MD warehouse on Monday, September 27, CBM Marketing Director Joe Kovacs first became aware of the Manna Food Center in March 2020 shortly after the pandemic sent thousands of employees across the Washington, DC metropolitan region to home office. “I knew this event would have a huge impact on a lot of people,” said Joe, “but the truth is that the pandemic didn’t just create hunger across Montgomery County, it… Read more ›

As the father of a young boy, CBM administrative team member Malcolm Jones knows the importance of classrooms with sufficient school supplies. For two consecutive years, as part of his CBM100-Charities initiative, Malcolm partnered with the office supplies store, Staples, to deliver classroom materials to underprivileged children in schools throughout the Washington, DC metropolitan region. The initiative began last year after the pandemic started when Malcolm worked with Staples to arrange for the delivery of desks to students attending virtual… Read more ›

Debora May and Tana Papinova collaborated together to help foster children when they move from one home to another. They and other CBM staff members, Sue-Jane Haight, Malcolm Jones, April Roberts, Sal Attanasio and Thomas Caggiano, put sweet cases together that were ordered from Together We Rise which then were donated to CONCERN4KIDS. The sweet cases were ordered though Together We Rise, a not-for-profit organization dedicated to improving the lives of children in foster care. This organization created the Sweet… Read more ›

Students in the Washington, DC public schools system benefited from the coordinated donation of $500 worth of textbooks and educational supports to the DC Education Fund, a group that backs cutting-edge initiatives with the potential to generate systemic change. The Fund’s investments have transformed the DC public school system into one of the fastest-improving school districts in the nation. Senior Accounting Specialist Anne Hayes and Administrative Assistant Shanta Jordan combined efforts for their CBM100-Charities event to solicit $285 from individual… Read more ›