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Browse BGM’s collective financial knowledge across a wide variety of topics and industry specific insights, as well as the most up to date news on our firm. 

05.05.25

Corporate business owners: Is your salary reasonable in the eyes of the IRS?

Articles
Business Owners
Business Tax

Determining “reasonable compensation” is a critical issue for owners of C corporations and S corporations. If the IRS believes an owner’s compensation is unreasonably high or low, it may disallow certain deductions...

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04.30.25

Cost management is critical for companies today

Articles
Business Owners
Advisory

Many business owners take an informal approach to controlling costs, tackling the issue only when it becomes an obvious problem. A better way to handle it is through proactive, systematic...

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04.29.25
Spencer Davies, CFP®

The Cost of Success: What Nobody Is Talking About

Blog
Advisory
Wealth Management

Key Takeaway: Financial success often comes at a cost that doesn’t show up on a spreadsheet—missed moments, strained relationships, and personal well-being left behind in the pursuit of “enough.” It’s...

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04.23.25

EBHRAs: A flexible health benefits choice for businesses

Articles
Business Owners
Business Tax

Today’s companies have several kinds of tax-advantaged accounts or arrangements they can sponsor to help employees pay eligible medical expenses. One of them is a Health Reimbursement Arrangement (HRA). Under an...

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04.21.25

Explore SEP and SIMPLE retirement plans for your small business

Articles
Business Owners
Retirement 401k

Suppose you’re thinking about setting up a retirement plan for yourself and your employees. However, you’re concerned about the financial commitment and administrative burdens involved. There are a couple of...

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04.17.25

Estate and Gift Tax Exemption: Sunset or Sunrise?

Webinar
Families
Retirees
Estate and Trust

Wednesday, May 7 at 12:00 – 1:00 PM CT Join estate planning professionals Rachel M. Dahl, Partner at DeWitt LLP, Leonetta Rence, Vice President and Senior Trust Officer at Cornerstone...

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04.16.25

Legalization Under Fire: Emerging Threats to Progress

Webinar
Cannabis

In this webinar, cannabis industry professionals Cory Parnell, CPA, Principal at BGM, and Marijuana Policy Project Director of State Policies, Karen O’Keefe,  and Southeast Legislative Manager Kevin Caldwell discussed recent legislative...

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04.16.25

Trump Tariffs and What Importers Can Do to Minimize their Impact

Webinar
Business Owners
Advisory

During this timely webinar, Robert Silverman, Founding Partner, and David Murphy, Partner, at Grunfeld Desiderio Lebowitz Silverman & Klestadt LLP discussed with Cory Parnell, Principal at BGM, the tariffs by...

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04.15.25

What tax documents can you safely shred? And which ones should you keep?

Articles
Individual Tax & Planning
Business Tax

Once your 2024 tax return is in the hands of the IRS, you may be tempted to clear out file cabinets and delete digital folders. But before reaching for the...

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04.14.25

Turn a summer job into tax savings: Hire your child and reap the rewards

Articles
Business Owners
Business Tax

With summer fast approaching, you might be considering hiring young people at your small business. If your children are also looking to earn some extra money, why not put them...

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04.11.25

Mitigate the risks: Tips for dealing with tariff-driven turbulence

Articles
Business Owners
Business Tax

President Trump’s “Liberation Day” announcement of global tariffs caught businesses, as well as foreign countries and worldwide financial markets, off guard. While the president has long endorsed the imposition of...

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04.10.25
Jake Thibault

Diversifying Wealth When Most of It Is Tied to Company Stock

Blog
Wealth Management

As a late-stage startup employee or founder, having most of your wealth tied to company stock presents both tremendous opportunity and significant risk. While your equity may represent years of...

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04.10.25
Ross Gobel

Top Tax-Saving Strategies for Pre-Retirees: Smart Moves for High-Income Earners Approaching Retirement

Blog
Retirement 401k
Wealth Management

As you stand at the peak of your professional life—whether as a business owner, executive, or seasoned investor—the view is impressive. You’ve built something remarkable. The question is no longer...

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04.09.25

Businesses considering incorporation should beware of the reasonable compensation conundrum

Articles
Business Owners
Advisory

Small to midsize businesses have valid reasons for incorporating, not the least of which is putting that cool “Inc.” at the end of their names. Other reasons include separating owners’...

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04.08.25

An essential tax deadline is coming up — and it’s unrelated to your 2024 return filing

Articles
Individual Tax & Planning

Tuesday, April 15 is the deadline for filing your 2024 tax return. But another tax deadline is coming up the same day, and it’s essential for certain taxpayers. It’s the...

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