Uncategorized

05.14.24

When do valuable gifts to charity require an appraisal?

Articles
Individual Tax & Planning

If you donate valuable items to charity and you want to deduct them on your tax return, you may be required to get an appraisal. The IRS requires donors and...

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05.13.24

The tax advantages of including debt in a C corporation capital structure

Articles
Business Owners
Business Tax

Let’s say you plan to use a C corporation to operate a newly acquired business or you have an existing C corporation that needs more capital. You should know that the federal...

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05.08.24

8 Key Features of a Customer Dispute Resolution Process for Businesses

Articles
Business Owners
Advisory

No matter how carefully and congenially you run your business, customer disputes will likely happen from time to time. Some of the complaints may be people looking to negotiate a discount,...

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05.07.24

Pay attention to the tax rules if you turn a hobby into a business

Articles
Advisory

Many people dream of turning a hobby into a regular business. Perhaps you enjoy boating and would like to open a charter fishing business. Or maybe you’d like to turn...

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05.06.24

Hot Topic Webinar: Estate Planning 101

Event
Webinar
Wealth Management
Trusts

This presentation is offered for educational purposes only and should not be considered a comprehensive review or analysis of the topics discussed today. These materials are not a substitute for...

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05.06.24

Federal regulators expand overtime pay requirements, ban most noncompete agreements

Articles
Business Owners
Business Tax

The U.S. Department of Labor (DOL) has issued a new final rule regarding the salary threshold for determining whether employees are exempt from federal overtime pay requirements. The threshold is...

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05.03.24

Cannabis ESOPs: Why an ESOP is an Industry Game Changer

Webinar
Event
Cannabis

Co-hosted with BGM and MBO Ventures Watch our insightful session on “Cannabis ESOPs: Why an ESOP is an Industry Game Changer.” Business owners who are considering selling their business should...

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05.01.24

B2B businesses need a cohesive strategy for collections

Articles
Business Owners
Advisory

If your company operates in the business-to-business (B2B) marketplace, you’ve probably experienced some collections challenges. Every company, whether buyer or seller, is trying to manage cash flow. That means customers...

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Cupped hands offering a ball of cash.
05.01.24
Chad Halbur

Charitable Remainder Trusts: Generating Income While Giving to Charity

Newsletter
Business Owners
Trusts

What Are Charitable Remainder Trusts? A Charitable Remainder Trust (CRT) can be an effective tool for managing the tax implications of selling a business while also benefiting a charity. A...

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05.01.24
Kim Scharber

Year-Round Business Tax Advisory Services

Newsletter
Blog
Business Owners
Business Tax

Maximizing Your Business Tax Strategy: The Value of Year-Round Tax Advisory Services Tax planning isn’t just about saving money and staying compliant. It should also optimize your business tax strategy...

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“BGM” is the brand name under which BGM CPA, LLC and BGM Group, LLC provide professional services. BGM CPA, LLC and BGM Group, LLC practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations, and professional standards. BGM CPA, LLC is a licensed independent CPA firm that provides attest services to its clients, and BGM Group, LLC and its subsidiary entities provide advisory, and business consulting services to their clients. BGM Group, LLC and its subsidiary entities are not licensed CPA firms. The entities falling under the BGM brand are independently owned and are not liable for the services provided by any other entity providing services under the BGM brand. Our use of the terms “our firm” and “we” and “us” and terms of similar import, denote the alternative practice structure conducted by BGM CPA, LLC and BGM Group, LLC.

BGM WEALTH: Certified Financial Planner Board of Standards Inc. owns the certification marks CFP®, CERTIFIED FINANCIAL PLANNER™, CFP® (with plaque design) and CFP® (with flame design) in the U.S., which it awards to individuals who successfully complete CFP Board’s initial and ongoing certification requirements.