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College can be expensive. According to the College Board, the average sticker price for tuition and fees at private colleges was $43,350 for the 2024–2025 school year. The average cost...

In light of recent legal developments from the Connelly v. United States Supreme Court decision, it’s crucial for business owners to reassess their buy-sell agreements to ensure proper valuation and...

If you’re claiming deductions for business meals or vehicle expenses, expect the IRS to closely review them. In some cases, taxpayers have incomplete documentation or try to create records months...

BGM is proud to announce that the Firm has been recognized as a 2025 Top Workplace by the Minnesota Star Tribune — for the second consecutive year! This prestigious recognition...

If you’re age 65 or older and enrolled in basic Medicare insurance, you may need to pay additional premiums to receive more comprehensive coverage. These extra premiums can be expensive,...

Thursday, June 26 from 12:00 – 1:00 PM CT Join Daniel Hurtado, CPA, Cost Segregation and R&D Practice Leader at BGM, for a follow-up discussion to our previous webinar, “Unlock...

The treatment of research and experimental (R&E) expenses is a high-stakes topic for U.S. businesses, especially small to midsize companies focused on innovation. As the tax code currently stands, the...

Imperfect Independence A Brief Review of Fed Independence May 2025 Key Observations Markets Warm with the Weather: May brought a more constructive tone as trade tensions eased, lifting sentiment and...

Slow cash flow is one of the leading causes of insomnia for business owners. Even if sales are strong, a lack of liquidity to pay bills and cover payroll can...

The U.S. House of Representatives passed The One, Big, Beautiful Bill Act on May 22, 2025, introducing possible significant changes to individual tax provisions. While the bill is now being...