Uncategorized

03.07.25

Hot Topic Webinar: Longevity Planning for a Fulfilling Future

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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03.05.25

Choosing the right sales compensation model for your business

Articles
Business Owners
Advisory

A strong sales team is the driving force of most small to midsize businesses. Strong revenue streams are hard to come by without skilled and engaged salespeople. But what motivates...

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Cupped hands offering a ball of cash.
03.04.25

The 2024 gift tax return deadline is coming up soon

Articles
Families
Estate and Trust

If you made significant gifts to your children, grandchildren or other heirs last year, it’s important to determine whether you’re required to file a 2024 gift tax return. And in...

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03.03.25

Ways to manage the limit on the business interest expense deduction

Articles
Business Owners
Business Tax

Prior to the enactment of the Tax Cuts and Jobs Act (TCJA), businesses were able to claim a tax deduction for most business-related interest expense. The TCJA created Section 163(j),...

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02.26.25

5 steps to creating a pay transparency strategy

Articles
Business Owners
Advisory

Today’s job seekers and employees have grown accustomed to having an incredible amount of information at their fingertips. As a result, many businesses find that failing to adequately disclose certain...

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02.25.25

Can I itemize deductions on my tax return?

Articles
Individual Tax & Planning

You may wonder if you can claim itemized deductions on your tax return. Perhaps you made charitable contributions and were told in the past they couldn’t be claimed because you...

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02.24.25

How a business owner’s home office can result in tax deductions

Articles
Business Owners
Individual Tax & Planning

As a business owner, you may be eligible to claim home office tax deductions that will reduce your taxable income. However, it’s crucial to understand the IRS rules to ensure...

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02.20.25

January Monthly Market Review

Articles
Market Review
Wealth Management

Change in Leadership January Marked Political and Market Shifts in Leadership January 2025 Markets Key Observations Markets Adapt to Policy Shifts: President Trump’s executive orders kept investors on edge, but...

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02.20.25
Cory M. Parnell, CPA

BOI Reporting Reinstated: FinCEN Extends Most Deadlines to March 21, 2025

Blog
Business Owners
Beneficial Ownership Information Filing (BOI)

The U.S. District Court for the Eastern District of Texas has reinstated Beneficial Ownership Information (BOI) reporting requirements. This decision follows the court’s move to lift the preliminary injunction previously...

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02.19.25

You may be able to make a deductible IRA contribution for last year this year

Articles
Retirement 401k

If you’re getting ready to file your 2024 tax return and your tax bill is higher than you’d like, there may still be a chance to lower it. If you’re...

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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.