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On May 12, 2025, the House Ways and Means Committee unveiled a comprehensive legislative update on an earlier proposal by Chairman Jason Smith (R-MO) as part of the fiscal year...

The future often weighs heavier on the shoulders of family business owners. Their companies aren’t just “going concerns” with operating assets, human resources and financial statements. The business usually holds...

Minnesota is on the verge of a significant milestone in its emerging cannabis industry. The state’s Office of Cannabis Management (OCM) has announced that it will hold its first-ever cannabis...

BGM is proud to introduce our Tax Credit and Incentive Programs, led by Daniel Hurtado, CPA. These value-added services are designed to create substantial tax savings and maximize financial efficiency...

The IRS recently released the 2026 inflation-adjusted amounts for Health Savings Accounts (HSAs). Employees will be able to save a modest amount more in their HSAs next year. HSA Basics...

Wednesday, June 4, 2025 from 12:00 to 1:00 PM CT Join estate planning professionals Rachel Dahl, Partner at DeWitt LLP, Leonetta Rence, Vice President and Senior Trust Officer at Cornerstone...

Many businesses turn to independent contractors to help manage costs, especially during times of staffing shortages and inflation. If you’re among them, ensuring these workers are properly classified for federal...

Key Takeaway: Inflation, rising interest rates, and global tariff discussions are fueling uncertainty. But times like these aren’t about bold predictions—they’re about steady, strategic preparation and positioning. Now is the...

If you’ve recently received a settlement or award from a lawsuit, or you’re expecting one, you may be wondering how the IRS views this money. Will you need to pay...

From Liberation to Limbo Trade Policy Shock Waves Are Just Beginning to Reverberate  April 2025 Key Observations Tariff Escalation Raises Recession Risk: U.S. tariffs, despite a temporary pause, have intensified...