Uncategorized

10.14.24

How your business can prepare for and respond to an IRS audit

Articles
Business Owners
Executives
Audit & Assurance

The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit rates for large corporations with assets...

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10.10.24
Spencer Davies, CFP®

Digital Security 101: Protect Yourself

Blog
Families
Retirees
Young Inheritors
Wealth Management

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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10.10.24
John Barghini, CPA, MBT

Minnesota Property Tax Refund and Certificates of Rent Paid Changes for 2024: What Homeowners and Landlords Need to Know

Blog
Individual Tax & Planning

Property Tax Refund Changes In May 2024, Minnesota passed a tax law that enhances benefits to homeowners and renters’ property tax refund program. As we discussed in a previously published...

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10.08.24
Jacob Irving, J.D.

Seeding the Industry: Minnesota’s Office of Cannabis Management Continues Rolling Out Adult-Use Licensing

Blog
Cannabis

This week, the Minnesota Office of Cannabis Management announced that they are still processing the 1,817 social equity adult-use Cannabis licensing applications received by the Office in August. The previous...

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10.08.24

Ease the financial pain of natural disasters with tax relief

Articles
Business Tax
Individual Tax & Planning

Hurricane Helene and Milton has affected millions of people in multiple states across the southeastern portion of the country. It’s just one of many weather-related disasters this year. Indeed, natural...

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10.07.24

Advantages of keeping your business separate from its real estate

Articles
Business Owners
Business Tax
Advisory

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability...

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10.02.24

Can homeowners deduct seller-paid points as the real estate market improves?

Articles
Families
Advisory

The recent drop in interest rates has created a buzz in the real estate market. Potential homebuyers may now have an opportunity to attain their dreams of purchasing property. “The...

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10.01.24

Taxes take center stage in the 2024 presidential campaign

Articles
Business Tax
Individual Tax & Planning

Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’ platforms, including their tax proposals. The details...

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10.01.24

Hot Topic Webinar: Quarterly Economic Update

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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09.27.24
Ross Gobel

The Role of Health in Retirement Planning: Preparing for Medical Expenses

Blog
Healthcare
Retirement 401k

Sources: https://www.ml.com/articles/healthcare-in-retirement.html https://hvsfinancial.com/2022/10/17/medicare-and-social-security-colas-putting-the-2023-numbers-into-context/ 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...

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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.