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If you’re looking to sell your business one day, you’ll need to make it attractive to potential buyers. While there are many types of buyers, the profitability of your company...

The Colorado Secure Savings Program is a new retirement savings law that has significant implications for employees and employers in the state. In particular, it has raised questions about how...

The cannabis industry has been experiencing rapid growth and change, but not without its fair share of growing pains. One of the latest challenges faced by hundreds of operators in...

As a hemp or CBD operator, staying up to date on the regulatory landscape surrounding your industry is crucial. One key piece of legislation that has significantly impacted the hemp...

Cannabis C-Corps are subject to specific filing requirements and penalties if they fail to comply with these requirements. This blog post will discuss the filing requirements for cannabis C-Corps and...

Boeckermann Grafstrom & Mayer (BGM) has recently been recognized by Accounting Today in two of the publication’s annual lists for 2023: “Regional Leaders Top Firms: Midwest” and “Beyond the Top...

Cory Parnell, CEO of BGM, and Brian Stueve, BGM’s Outsourcing Practice Leader, recently sat down together to discuss the whys and hows of streamlining the accounting departments of professional services...

As Minnesota continues to progress toward the legalization of adult-use cannabis, there are a lot of changes and updates for current cannabis license holders to keep in mind. Here are...

For many cannabis businesses, managing financials can be a challenge. With complex regulations, high taxes, and changing market trends, keeping up with accounting and bookkeeping can be a daunting task....

You generally must pay federal tax on all income you receive but there are some exceptions when you can exclude it. For example, compensatory awards and judgments for “personal physical...