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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. 

02.21.24

Small businesses can help employees save for retirement, too

Articles
Business Owners
Retirement 401k

Many small business owners run their companies as leanly as possible. This often means not offering what are considered standard fringe benefits for midsize or larger companies, such as a...

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02.20.24
Cory M. Parnell, CPA

Difference Between Delta 8 and Delta 9 THC: Tax and Legal Compliance

Blog
Cannabis

In the cannabis industry, business owners must stay informed about the products they deal with and their financial implications. Two cannabinoids that have been the subject of much discussion are...

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02.20.24

If you didn’t contribute to an IRA last year, there’s still time

Articles
Families
Retirement 401k

If you’re gathering documents to file your 2023 tax return and you’re concerned that your tax bill may be higher than you’d like, there might still be an opportunity to...

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02.19.24
Jon T. Meyer, CFP®

Wealth Building Strategy: Are You Playing Checkers or Chess?

Newsletter
Advisory
Wealth Management

Key Takeaway: Often in life, we can sit back and watch those playing checkers versus chess. Chess players play a longer-term game that is more strategic and has bigger payoffs....

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02.19.24
Joshua Rapp

Maximize Your Savings: Unlocking 401(k) Tax Credits for Small Businesses

Newsletter
Advisory
Retirement 401k

The original SECURE Act and SECURE Act 2.0 provide significant tax credits for eligible small businesses. There are now three distinct tax credits for 401(k) plan fees or contributions paid...

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02.16.24
Kim Scharber

Tax Insights: What You Need to Know for This Year’s Filing

Newsletter
Advisory
Business Tax
Individual Tax & Planning

Tax time is upon us once again, and at BGM, we are fully equipped to assist you in preparing your 2023 tax returns. The process has already commenced, with all...

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02.14.24

Is it time to upgrade your business’s accounting software?

Articles
Business Owners
Technology

By now, just about every company uses some kind of accounting software to track, manage and report its financial transactions. Many businesses end up using several different types of software...

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02.13.24
Calvin P. Shannon, CPA, CVA

What Cannabis Operators Should Know About ESOPs

Blog
Cannabis

In the dynamic and ever-changing landscape of the cannabis industry, it is essential for cannabis business owners to constantly seek innovative strategies to enhance growth and increase stability. One option...

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02.13.24

Get ready for the 2023 gift tax return deadline

Articles
Families
Estate and Trust

Did you make large gifts to your children, grandchildren or others last year? If so, it’s important to determine if you’re required to file a 2023 gift tax return. In...

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02.12.24

What’s the best accounting method route for business tax purposes?

Articles
Business Owners
Business Tax

Businesses basically have two accounting methods to figure their taxable income: cash and accrual. Many businesses have a choice of which method to use for tax purposes. The cash method...

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02.07.24

Hot Topic Webinar: Tax Planning for Investments and Retirement

Event
Wealth Management

Wednesday, February 28, 2024 at 12:00 PM CT How do you maximize your investments and retirement accounts? Attend our February Hot Topic webinar and learn how to make the tax...

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02.07.24

How businesses can reinvigorate strategic planning

Articles
Business Owners
Business Tax

For businesses, and people for that matter, the beginning of the calendar year can be a bit of a grind. The holidays have passed, summer vacations are relatively far off...

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02.06.24

Filing jointly or separately as a married couple: What’s the difference?

Articles
Individual Tax & Planning

When you file your tax return, a tax filing status must be chosen. This status is used to determine your standard deduction, tax rates, eligibility for certain tax breaks and...

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02.05.24

9 tax considerations if you’re starting a business as a sole proprietor

Articles
Business Owners
Business Tax

When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole proprietorship, you need to understand the tax issues involved. Here...

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01.31.24

3 common forms of insurance fraud (and how businesses can fight back)

Articles
Families
Retirees
Executives
Individual Tax & Planning

Businesses of all shapes and sizes are well-advised to buy various forms of insurance to manage operational risks. But insurance itself is far from risk-free. You might overpay for a...

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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.