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    Important Industry News & Helpful Tips

Welcome to the Team, Taylor

GJM is pleased to have Taylor Timmons join our team (and family) as a tax associate. As she settles into her new role, here’s a chance to get to know her in this Q&A. 

Describe your role at GJM. I will be preparing both business and individual tax returns, as well as helping with financial planning.

When did you start employment with GJM? September 7, 2021

Why did you choose the accounting industry? I have always enjoyed math throughout school, so I decided to give accounting a try in college, and now I am making a career out of it! I am doing what I enjoy and getting to help people in a sense with their accounting needs.

Are you from the Toledo area originally? If not, where are you from? I grew up in Lindsey, OH but now live in Helena, OH with my husband Colin

What do you like about living in Northwest Ohio? I think Northwest Ohio is a pretty quiet and calm place to live. However, there are also so many things to do around us that are never too far away!

Where did you go to school? Bowling Green State University, graduated in May of 2021

Anything you’d like to share about past work/school history, etc.? I have interned with GJM twice for the tax busy season

Do you have any pets, hobbies, family? We have an Australian Shepherd dog named Jack! He is 10 months old.

How do you like to spend your free time? I like to play volleyball, spend my weekends with family and friends, go to Cleveland Browns games, hang out at home with my dog, and Colin and I have cattle, so we spend a lot of time at the barn

What is something people may be surprised to find out about you? I am the oldest of 4 girls in my family!

And now you’re part of the GJM family. Welcome, Taylor!

Established in 1996, Gilmore Jasion Mahler, LTD (GJM) is the largest public accounting firm in Northwest Ohio, with offices in Maumee and Findlay. Locally owned, GJM offers cloud-based accounting and provides comprehensive services including assurance, business advisory, tax, risk advisory, healthcare management and outsourced accounting. The firm’s professionals specialize in industries including construction & real estate, healthcare, manufacturing & distribution and utilities.

What is Outsourced Accounting at GJM?

The COVID-19 pandemic has changed the way we work and created even more dire staffing shortages for businesses around the country. It’s possible there’s a new way to approach staffing when it comes to your internal accounting needs. Enter Outsourced Accounting at GJM.

Established in 1996, Gilmore Jasion Mahler, LTD (GJM) is the largest public accounting firm in Northwest Ohio, with offices in Maumee and Findlay. Locally owned, GJM offers cloud-based accounting and provides comprehensive services including assurance, business advisory, tax, risk advisory, healthcare management and outsourced accounting. The firm’s professionals specialize in industries including construction & real estate, healthcare, manufacturing & distribution and utilities.

GJM Playhouse Build

GJM staff recently came together to build a playhouse for a little boy as part of a Maumee Valley Habitat for Humanity build project. Dozens of our people contributed, and the end result was pretty incredible. We hope you enjoy this fun video of the experience.

Important Updates for Businesses Related to Covid Relief Programs

PPP and ERC Update

Paycheck Protection Program (PPP)

If your business is one of the many that took advantage of the Small Business Administration’s Paycheck Protection Program (PPP) during the Covid-19 pandemic, we have an important update. Some businesses that applied for first round PPP loans are running out of time to apply for loan forgiveness. It depends on the dates of your covered period as part of the PPP loan. Borrowers must apply for forgiveness within 10 months of the last day of their covered period. That could be later this month for some. Be sure to speak with your GJM team if your business has yet to file for forgiveness or reach out to your lender for clarification. If you fail to apply for forgiveness, the PPP loan will be treated as a non-forgivable loan that your business must pay back.

Employee Retention Credit (ERC)

The IRS has come out with some clarification on guidelines for businesses taking advantage of the Employee Retention Credit.  As the extended tax deadline approaches for businesses to file their 2020 federal tax returns, now is the time to iron out how your business plans to utilize the ERC. Something else to keep in mind: new infrastructure legislation introduced in early August may impact how your business utilizes ERC. As the bill stands now, it is possible that ERC may no longer apply in the fourth quarter of 2021. The IRS has provided a brief summary of some key changes, as well as the entire notice (IRS Notice 2021-49), which you can access at this link.

Should you have any questions about your PPP forgiveness process, ERC, or other updates to pandemic relief programs for your business or organization, don’t hesitate to reach out to your GJM client service team to discuss.

Established in 1996, Gilmore Jasion Mahler, LTD (GJM) is the largest public accounting firm in Northwest Ohio, with offices in Maumee and Findlay. Locally owned, GJM offers cloud-based accounting and provides comprehensive services including assurance, business advisory, tax, risk advisory, healthcare management and outsourced accounting. The firm’s professionals specialize in industries including construction & real estate, healthcare, manufacturing & distribution and utilities.   

Q&A With GJM’s Mike Flory

GJM is pleased to welcome Mike Flory to the team. Mike is a senior associate in risk consulting with GJM who joined the firm in late June. Here’s a chance to get to know him a little better. Welcome to the team, Mike!   

Describe your role at GJM: I will be performing Internal Audit work over IT general control, application control, and key report testing. I will also be getting involved in researching and developing new programs at GJM like analytics and automation, cybersecurity, and disaster recovery.  

Why did you choose the accounting industry? I choose the accounting industry partially because of my parents, but also because I found my accounting classes easy in college and enjoyed my first internship in accounting with ZF.

What do you like best about accounting? I really enjoy the money side of accounting and that accounting is really the language of how a business runs. I also like that you do not have to be super creative to be an accountant.

Are you from the Toledo area originally? If not, where are you from? I am from Canton, Michigan (where the Ikea store is).

What do you like about living in Northwest Ohio? I actually still live in Southeastern Michigan. I like all of the restaurants, entertainment (sports teams, bowling, axe throwing, golf, etc. in the area, and closeness to family and friends.

Anything you’d like to share about your past professional experience? I started my career as a risk advisory associate with a “big four” firm. I worked there for just under two years before I made the move to GJM.

Do you have any pets, hobbies, family you’d like to tell us about? I have three younger sisters and a black lab named Simon. My hobby is to get out and explore some new places either in Michigan or in new states.

How do you like to spend your free time? I have many activities that I enjoy in my free time including attending and watching sporting events, playing Xbox (MLB, NHL, Call of Duty), golfing, playing pickup basketball/baseball/football, cooking, listening to podcasts and spending time with my friends.

Are you involved in any community organizations, do any volunteer work? Is there a particular cause you feel strongly about? If so, why? I am not currently involved in volunteer work. But I would love to be a coach on my former high school football team and get involved in the Michigan Humane Society, because I love dogs and kittens!

Favorite song or music? I listen to a solid mix of music including multiple genres: hip-hop, pop, classic rock, alternative and a little metal. I really enjoy most music except country.

Favorite book or movie? Favorite books are the Harry Potter series. Favorite movies are anything Marvel.

What is something people may be surprised to find out about you? I was born in California and lived there 4.5 years.

Anything else you’d like to add? I am excited to join the GJM family, and to further develop my professional career!

Welcome, Mike!

Established in 1996, Gilmore Jasion Mahler, LTD (GJM) is the largest public accounting firm in Northwest Ohio, with offices in Maumee and Findlay. Locally owned, GJM offers cloud-based accounting and provides comprehensive services including assurance, business advisory, tax, risk advisory, healthcare management and outsourced accounting. The firm’s professionals specialize in industries including construction & real estate, healthcare, manufacturing & distribution and utilities.