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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. 

07.11.24

3 areas of focus for companies looking to control costs

Articles
Business Owners
Advisory

Controlling costs is fundamental for every business. But where and how to address this challenge can change over time based on various economic and logistical factors. Earlier this year, global...

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07.10.24

Planning your estate? Don’t overlook income taxes

Articles
Estate and Trust

The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax. Before 2011, a...

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07.08.24

Be aware of the tax consequences of selling business property

Articles
Business Owners
Business Tax

If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply. To simplify this discussion, let’s...

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07.02.24

Consider borrowing from your corporation but structure the deal carefully

Articles
Business Owners
Business Tax

If you own a closely held corporation, you can borrow funds from your business at rates that are lower than those charged by a bank. But it’s important to avoid...

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06.28.24

Hot Topic Webinar: Q3 Economic Update

Event
Webinar
Wealth Management

Wednesday, July 24, 2024 at 12:00 PM CT How did the economy affect the markets in the second quarter of 2024? What can we look forward to in Q3? Join...

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06.27.24

What might be ahead as many tax provisions are scheduled to expire?

Articles
Business Tax
Individual Tax & Planning

Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections. Our current situation The Tax Cuts and Jobs...

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06.26.24
Jon T. Meyer, CFP®

Five Trivial Mistakes with Large Impact Busy Business Owners Make

Blog
Business Owners
Wealth Management

Key Takeaway: It is easy to neglect your personal finances when focusing on building a business. The trivialities of life just get in the way. But the impact of those...

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06.26.24

May Market Review

Articles
Market Review
Wealth Management

Patience and Pragmatism A Back-to-the-Basics Look at Allocating Capital Efficiently Key Observations A fixation on the direction of interest rates continues to drive prices in the short term, including in...

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06.25.24

2024 Q3 tax calendar: Key deadlines for businesses and other employers

Articles
Business Owners
Business Tax

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may...

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06.24.24

BGM named in “Star Tribune’s 2024 Top Workplaces” List

News

BGM is pleased to announce that the Firm has been named a 2024 Top Workplace by the Star Tribune! Top Workplace award recipients are determined by employee feedback from a...

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06.20.24

SECURE 2.0: Which provisions went into effect in 2024?

Articles
Retirement 401k
Individual Tax & Planning

The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in December 2022, bringing more than 90 changes to retirement plan and tax laws. Many of...

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06.18.24

Social Security tax update: How high can it go?

Articles
Individual Tax & Planning
Retirement 401k

Employees, self-employed individuals and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people don’t fully understand the Social Security tax they...

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06.18.24
Nathan B. Panning, CPA

Employee Fringe Benefits Help You Attract Talent

Blog
Business Owners
Business Tax

Employee Fringe Benefits Make Your Company a More Attractive Employer As economic conditions remain unsteady, companies of all sizes are seeking ways to grow without taking on excessive risk. One...

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06.17.24

Minnesota Cannabis Insights – Virtual Event

Event
Cannabis

Date: Tuesday, June 25, 2024 Time: 8:30AM-4:30PM CST Develop a deeper understanding of Minnesota’s most current rules and regulations. Review key areas of the cannabis industry and the latest regulations...

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06.17.24

Hiring your child to work at your business this summer

Articles
Business Owners
Advisory

With school out, you might be hiring your child to work at your company. In addition to giving your son or daughter some business knowledge, you and your child could...

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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.