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a person reviewing a stack of documents next to a laptop
04.20.22

Time to Dust Off and Update Your Estate Planning Documents

Newsletter
Families
Retirees
Family Office
Wealth Management

Estate planning documents are not a one size fits all approach. Your estate documents need to succeed in intention and complexity as your financial assets and income grow and increase...

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Business members reviewing a financial presentation
04.20.22
Dane J. Boeckermann, CPA

Does Your Business Have Its Internal Controls in Place?

Blog
Business Owners
Executives
Advisory

We are approaching mid-year, making it the right time for a company to assess whether it has the proper internal controls. Business owners should put measures in place to protect...

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two professionals reviewing a financial statement between laptops
04.06.22
Calvin P. Shannon, CPA, CVA

Business Valuation: What’s Involved & How It Helps Your Business?

Blog
Business Owners
Advisory

“What’s my business worth?” It’s a question many business owners find themselves asking for various reasons. If you want to know the estimated value of your company, a business valuation can be...

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03.29.22
Cory M. Parnell, CPA

Financing the Cannabis Industry

Blog
Cannabis
Advisory

If the cannabis industry remains in hyperdrive—with some estimates positing the sector will top $30 billion this year—many eager entrepreneurs must face an uncomfortable hurdle: Finding cannabis financing remains a...

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03.28.22

2022 Q2 Tax Calendar: Key Deadlines for Businesses and Other Employers

Blog
Business Owners
Executives
Business Tax

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of 2022. Keep in mind that this list isn’t all-inclusive, so...

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03.23.22

ERISA and EAPs: What’s the Deal?

Articles
Business Owners
Executives
Advisory
Business Tax

In recent years, more and more businesses have increased efforts to support the well-being of their employees. This means not only providing health care benefits, but also offering other initiatives...

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03.21.22

Taking the Opposite Approach: Ways Your Business can Accelerate Taxable Income and Defer Deductions

Articles
Business Owners
Business Tax

Typically, businesses want to delay the recognition of taxable income into future years and accelerate deductions into the current year. But when is it prudent to do the opposite? And...

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03.16.22

Boeckermann Grafstrom & Mayer Named 2022 “Regional Leader” and “Firm to Watch” by Accounting Today

News

Boeckermann Grafstrom & Mayer (BGM) is pleased to announce that Accounting Today included the firm on two of its 2022 annual lists: “Regional Leaders Top Firms: Midwest” and “Beyond the...

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03.15.22

When inheriting money, be aware of “income in respect of a decedent” issues

Articles
Young Inheritors
Families
Individual Tax & Planning
Family Office

Once a relatively obscure concept, “income in respect of a decedent” (IRD) may create a surprising tax bill for those who inherit certain types of property, such as IRAs or...

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a young woman reviewing documents and charts at home next to a laptop
03.08.22
Cory M. Parnell, CPA

Bookkeeping for Dispensaries

Blog
Business Owners
Cannabis
Outsourced Accounting

We’ve written before on topics that are vital to the recreational and medical cannabis industries, such as the critical analytics every cannabis dispensary needs to be on top of and...

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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.