Uncategorized

09.03.24

Federal court rejects FTC’s noncompete agreement ban

Articles
Business Owners
Advisory

In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was scheduled to take effect on September 4, 2024, but ran into...

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09.03.24
Ross Gobel

The Bucket Strategy: How to Organize Your Finances for a Stress-Free Retirement

Blog
Wealth Management
Retirement 401k

As a financial professional with years of experience planning for clients’ next stage of life, I have witnessed the many questions people struggle with when they prepare to retire. “What...

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08.28.24
Rebecca Hackbarth

Benefits of Family Office Services

Blog
Business Owners
Executives
Retirees
Family Office

More Money, More Problems? Consider Family Office Services. More money, more problems isn’t just an allusion to a chart-topping 90s hit song. Affluent families and individuals can, in fact, run...

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08.28.24

Brand audits can help companies in a variety of ways

Articles
Business Owners

A strong brand can help boost revenue, while a weaker one may reduce sales opportunities and stifle growth. Like many business owners, you’ve probably spent considerable time and energy crafting...

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08.27.24

Are you liable for two additional taxes on your income?

Articles
Individual Tax & Planning

Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment income. Let’s...

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08.26.24

Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision

Articles
Business Owners
Business Tax

Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes. A major reason is that these entities offer federal...

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08.22.24

Beneficial Ownership Information (BOI) Filing Webinar

Webinar
Business Owners
Beneficial Ownership Information Filing (BOI)

In case you missed it, we hosted a webinar on “Beneficial Ownership Information (BOI) Filing” on Tuesday, August 27, presented by Cory Parnell, CPA, Principal of BGM. During the webinar,...

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08.22.24
Jake Thibault, CFP®

Understanding the Federal Estate Tax Exemption: What You Need to Know

Blog
Estate and Trust

The opinion of the author is subject to change without notice and must be considered in conjunction with relevant regulation, as well as subsequent changes in the marketplace. Any information...

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08.21.24

July Market Review

Articles
Market Review

Small Cap Equities Heat Up in July Falling Rates and Softer Inflation Contribute to a Reversal in Market Leadership  July 2024 Key Observations Softer inflation data released in July pushed...

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08.20.24

Working remotely is convenient, but it may have tax consequences

Articles
Business Tax
Individual Tax & Planning

Many employees began working remotely during the pandemic and continue doing so today. Remote work has many advantages for employers and employees, and as a result, it’s here to stay...

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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.