Uncategorized

a person in the background pointing to a graphic symbolizing data security
01.06.22
Cory M. Parnell, CPA

Send Sensitive Data Through BGM’s Secure Portals and NOT in Email

Blog
Advisory

Email is the most common and most used way to exchange information. We send and receive emails every day, both at work and at home. The average US worker sends...

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12.28.21

Gig Workers Should Understand their Tax Obligations

Articles
Individual Tax & Planning

The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021 survey, the Pew Research Center found that 16% of Americans...

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12.22.21

The Fundamentals of a Solid Salesperson

Articles
Business Owners
Advisory

As the year winds down, business owners have many calendar months to look back on to determine how successful their products or services have sold. While reviewing the numbers, think...

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12.21.21

Boeckermann Grafstrom & Mayer Announces Principals

News

BLOOMINGTON, MN, December 21, 2021 – Boeckermann Grafstrom & Mayer is pleased to announce that Ryan Kraemer, Nathan Panning, and Nicole Richards have been promoted to Principal. “We greatly appreciate...

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11.17.21

4 Red Flags Of an Unreliable Budget

Articles
Business Owners
Executives
Advisory
Outsourced Accounting

Every business should prepare an annual budget. Creating a comprehensive, realistic spending plan allows you to identify potential shortages of cash, possible constraints on your capacity to fulfill strategic objectives,...

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a sign showing 2022 point right and 2021 point to the left
11.04.21
Jason A. Marvin, CPA

Reviewing Your 2021 Business Financials to Plan for 2022

Newsletter
Business Owners
Executives
Audit & Assurance

As we near the end of the 2021, proper planning ensures that businesses have timely and accurate year-end financial information, allowing management to make informed and timely decisions after year-end....

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a physical bitcoin model
11.04.21

It’s OK to Pass on Crytpo and NFTs

Newsletter
Families
Retirees
Wealth Management

Key Takeaways: 2021 has had very little stock market volatility relative to history. However, it’s important to understand that risk doesn’t dissipate in stable market environments and that volatility is...

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a small wood block home next to stacks of pennies
11.04.21
Jon T. Meyer, CFP®

3 Impacts of Low Interest Rates

Newsletter
Families
Wealth Management

Key Takeaways: Interest rates continue to remain low, and that seems to bug people. Yes, low rates are probably leading to some of the gains in the stock market. But...

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10.11.21

New Per Diem Business Travel Rates became Effective on October 1

Articles
Business Owners
Executives
Business Tax

Are employees at your business traveling again after months of virtual meetings? In Notice 2021-52, the IRS announced the fiscal 2022 “per diem” rates that became effective October 1, 2021. Taxpayers...

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09.27.21

M&A transactions: Be Careful when Reporting to the IRS

Articles
Business Owners
Advisory

Low-interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to Refinitiv, a provider of financial data. It reports that...

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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.