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a tax professional reviewing financial charts
11.12.24
Nathan B. Panning, CPA

How Year-Round Planning Can Help You with Estimated Tax Payments

Blog
Business Tax
Individual Tax & Planning

Picture this: It’s April, and your tax preparer has sent you your tax return link with a note saying, “Please call me before opening.” You open without calling and are...

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A graphic showing 2025
11.12.24

The amount you and your employees can save for retirement is going up slightly in 2025

Articles
Retirement 401k

How much can you and your employees contribute to your 401(k)s or other retirement plans next year? In Notice 2024-80, the IRS recently announced cost-of-living adjustments that apply to the...

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A graphic showing the 2024 presidential election
11.11.24

How the U.S. election changes the outlook for taxes

Articles
Business Tax
Estate and Trust
Individual Tax & Planning

The outcome of the November 5 election is likely to significantly impact taxes. Many provisions in President-elect Donald Trump’s signature tax legislation from his first time in the White House, the...

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A graphic showing the words Inflation-adjusted retirement plan contribution limits for 2025
11.08.24

How much can you contribute to your retirement plan in 2025? The IRS just revealed the answer

Articles
Retirement 401k

The IRS has issued its 2025 inflation-adjusted contribution amounts for retirement plans in Notice 2024-80. Many retirement-plan-related limits will increase for 2025 — but less than in prior years. Thus, depending...

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an accountant reviewing financial documents while using a calculator
11.06.24
Cory M. Parnell, CPA

FinCEN Extends Beneficial Ownership Reporting Deadlines for Businesses Affected by Recent Hurricanes

Blog
Business Owners
Beneficial Ownership Information Filing (BOI)

In response to the significant challenges posed by recent natural disasters, the U.S. Department of the Treasury’s Financial Crimes Enforcement Network (FinCEN) has granted extended deadlines for certain victims of...

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A graphic showing the words Nanny Tax spelled out with blocks
11.05.24

The nanny tax: What household employers need to know

Articles
Families
Individual Tax & Planning

Hiring household help, whether you employ a nanny, housekeeper or gardener, can significantly ease the burden of childcare and daily chores. However, as a household employer, it’s critical to understand...

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A graphic showing model airplanes and a suitcase sitting on a map
11.04.24

From flights to meals: A guide to business travel tax deductions

Articles
Business Owners

As a business owner, you may travel to visit customers, attend conferences, check on vendors and for other purposes. Understanding which travel expenses are tax deductible can significantly affect your...

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cannabis leaves with the American flag in the background
10.30.24

The 2024 Election and Cannabis Legalization: A Critical Turning Point

Blog
Cannabis

As the 2024 election approaches, BGM recognizes the pivotal role it could play in shaping the future of cannabis legalization across the United States. Matthew Schweich, the Executive Director of the...

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BGM Logo
10.30.24

Building on Success: Leadership Changes at BGM

News

We are excited to announce that Dane Boeckermann, current Principal and President of CPA Services, has been named the new CEO as a result of Cory Parnell’s term coming to...

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2 business people reviewing documents and quarterly graphs
10.29.24

Hot Topic Webinar: Private Equity Investing – Is It for You?

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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“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.