Ed Blum, CPA, is a principal in the Tax and Accounting Department at MBAF. Ed is the managing principal of the firm’s Boulder office. Ed joined the firm in 1980 as a staff accountant and was promoted to partner in 1986.
While focusing his practice in the area of tax consulting, Ed has been involved in the preparation, review and research of federal and state tax returns for all types of entities, as well as the representation in audits by state and federal agencies.
Ed consults with clients regarding mergers and acquisition and advises in the areas of organizational structure and planning, due diligence reviews and preparation of financial forecasts for a wide range of operations. His projects have included real estate and medical equipment ventures, automotive dealerships and professional sports teams.
Since 1985, Ed has developed a particular expertise with major and minor league professional sports teams, including working directly with a number of NFL and NBA teams and stadiums. Ed has prepared federal and multiple state tax returns and represented various teams during IRS and state tax examinations related to the acquisitions, operation and sale of NFL and NBA franchises. He has also assisted with the negotiations for both the acquisitions and the purchase of teams and related negotiations with the home cities and improvements of stadiums and arenas. In addition, Ed has consulted in various sports-team related businesses including tax matters and reorganizations, as well as the acquisitions of minority owner interests.
Furthermore, Ed has been involved in the financial planning and project management reporting compliance for a major national stadium. He has also prepared the federal and state tax returns and coordinated the preparation of a cost segregation study for the stadium, which was ultimately examined and approved by the IRS with no changes.
Ed brings deep knowledge and broad experience to his consultancy, especially in the above industries.
- American Institute of Certified Public Accountants – Tax Section
- Colorado Society of Certified Public Accountants
- University of Florida – Bachelor of Science in Business Administration
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