Uncategorized

02.14.24

Is it time to upgrade your business’s accounting software?

Articles
Business Owners
Technology

By now, just about every company uses some kind of accounting software to track, manage and report its financial transactions. Many businesses end up using several different types of software...

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02.13.24
Calvin P. Shannon, CPA, CVA

What Cannabis Operators Should Know About ESOPs

Blog
Cannabis

In the dynamic and ever-changing landscape of the cannabis industry, it is essential for cannabis business owners to constantly seek innovative strategies to enhance growth and increase stability. One option...

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02.13.24

Get ready for the 2023 gift tax return deadline

Articles
Families
Estate and Trust

Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’re required to file a 2023 gift tax return. In...

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02.12.24

What’s the best accounting method route for business tax purposes?

Articles
Business Owners
Business Tax

Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of which method to use for tax purposes. The cash method...

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02.07.24

Hot Topic Webinar: Tax Planning for Investments and Retirement

Event
Webinar
Wealth Management

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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02.07.24

How businesses can reinvigorate strategic planning

Articles
Business Owners
Business Tax

For businesses, and people for that matter, the beginning of the calendar year can be a bit of a grind. The holidays have passed, summer vacations are relatively far off...

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02.06.24

Filing jointly or separately as a married couple: What’s the difference?

Articles
Individual Tax & Planning

When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and...

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02.05.24

9 Tax Considerations If You’re Starting a Business As a Sole Proprietor

Articles
Business Owners
Business Tax

When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need to understand the tax issues involved. Here...

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01.31.24

3 Common Forms of Insurance Fraud (and How Businesses Can Fight Back)

Articles
Families
Retirees
Executives
Individual Tax & Planning

Businesses of all shapes and sizes are well-advised to buy various forms of insurance to manage operational risks. But insurance itself is far from risk-free. You might overpay for a...

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01.30.24

If you gave to charity in 2023, check to see that you have substantiation

Articles
Families
Individual Tax & Planning

Did you donate to charity last year? Acknowledgment letters from the charities you gave to may have already shown up in your mailbox. But if you don’t receive such a...

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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.