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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. 

10.16.24

Turnaround acquisitions are risky growth opportunities for today’s companies

Articles
Business Owners
Advisory

When it comes to growth, businesses have two broad options. First, there’s organic growth — that is, progress made through internal efforts such as boosting sales, expanding into other markets,...

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10.15.24

Is your money-losing activity a hobby or a business?

Articles
Advisory
Individual Tax & Planning

Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom artwork or sell handmade items online. Will the IRS agree...

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10.14.24

Preparing for a Successful Business Transition: Key Strategies for Owners

Webinar
Business Owners
Advisory

Wednesday October 30, 2024 from 12:00 pm – 1:00 pm CT Are you a business owner thinking about your next move? Planning a successful business exit can be complex, but...

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10.14.24

How your business can prepare for and respond to an IRS audit

Articles
Business Owners
Executives
Audit & Assurance

The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit rates for large corporations with assets...

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10.10.24
Spencer Davies, CFP®

Digital Security 101: Protect Yourself

Blog
Families
Retirees
Young Inheritors
Wealth Management

The opinion of the author is subject to change without notice and must be considered in conjunction with relevant regulation, as well as subsequent changes in the marketplace. Any information...

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10.08.24
Jacob Irving, J.D.

Seeding the Industry: Minnesota’s Office of Cannabis Management Continues Rolling Out Adult-Use Licensing

Blog
Cannabis

This week, the Minnesota Office of Cannabis Management announced that they are still processing the 1,817 social equity adult-use Cannabis licensing applications received by the Office in August. The previous...

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10.08.24

Ease the financial pain of natural disasters with tax relief

Articles
Business Tax
Individual Tax & Planning

Hurricane Helene and Milton has affected millions of people in multiple states across the southeastern portion of the country. It’s just one of many weather-related disasters this year. Indeed, natural...

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10.07.24

Advantages of keeping your business separate from its real estate

Articles
Business Owners
Business Tax
Advisory

Does your business require real estate for its operations? Or do you hold property titled under your business’s name? It might be worth reconsidering this strategy. With long-term tax, liability...

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10.02.24

Can homeowners deduct seller-paid points as the real estate market improves?

Articles
Families
Advisory

The recent drop in interest rates has created a buzz in the real estate market. Potential homebuyers may now have an opportunity to attain their dreams of purchasing property. “The...

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10.01.24

Taxes take center stage in the 2024 presidential campaign

Articles
Business Tax
Individual Tax & Planning

Early voting for the 2024 election has already kicked off in some states, but voters are still seeking additional information on the candidates’ platforms, including their tax proposals. The details...

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10.01.24

Hot Topic Webinar: Quarterly Economic Update

Event
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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09.27.24
Ross Gobel

The Role of Health in Retirement Planning: Preparing for Medical Expenses

Blog
Healthcare
Retirement 401k

Sources: https://www.ml.com/articles/healthcare-in-retirement.html https://hvsfinancial.com/2022/10/17/medicare-and-social-security-colas-putting-the-2023-numbers-into-context/ The opinion of the author is subject to change without notice and must be considered in conjunction with relevant regulation, as well as subsequent changes in the...

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09.25.24

IT strategy showdown: Enterprise architecture vs. Agile

Articles
IT
Business Owners
Technology

Few, if any, companies can operate successfully today without the right information technology (IT) strategy. And as businesses grow, their IT needs and infrastructures become even more complex and costly. This...

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09.24.24

Make year-end tax planning moves before it’s too late!

Articles
Individual Tax & Planning

With the arrival of fall, it’s an ideal time to begin implementing strategies that could reduce your tax burden for both this year and next. One of the first planning...

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09.23.24
Jake Thibault

ISOs vs. NSOs: Which Are Better?

Blog
Team Members
Individual Tax & Planning
Wealth Management

The opinion of the author is subject to change without notice and must be considered in conjunction with relevant regulation, as well as subsequent changes in the marketplace. Any information...

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