Uncategorized

Home Office, side business, Desk, Laptop, Shipping boxes, side hustle
06.22.26

Don’t Let the IRS Treat Your Sideline as a Hobby

Articles
Business Owners
Business Tax

Do you operate a side gig in addition to your regular day job? Whether you’ve turned a love for crafting into an online store or you play the guitar at...

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Businesswoman,In,Formal,Suit,Work,In,Workplace.
06.17.26

Behind on Bookkeeping? Here’s How to Get Back on Track

Articles
Business Owners
Business Tax

Running a business requires juggling countless responsibilities. Not surprisingly, bookkeeping tasks often end up on the bottom of to-do lists. The good news is that falling behind doesn’t necessarily mean...

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mississippi river, minneapolis skyline
06.16.26

BGM Named a 2026 Top Workplace by Star Tribune

News

BGM is proud to announce that the Firm has been recognized as a 2026 Top Workplace by the Minnesota Star Tribune for the third consecutive year. This recognition is based...

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Two people, Male and female, reviewing documents, observing Desk, Laptop, Coffee
06.16.26

Don’t Overlook These Tax Issues After a Job Loss

Articles
Individual Tax & Planning

Even with a relatively low unemployment rate (averaging around 4.4% over the past year), layoffs and terminations continue to affect workers across many industries. If you’ve recently lost your job,...

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Closeup of conference table; people reviewing numbers in business meeting, financial tables and charts spread across conference table
06.16.26
Jake Thibault, CFP®

5 Mistakes Founders Make with Sudden Wealth

Blog
Wealth Management

Most startup founders spend years obsessing over product-market fit, burn rates, and growth. What they don’t prepare for is the other side: the moment the exit happens and millions of...

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Real, Estate, Model, desk, developers, taking, notes
06.15.26

Demystifying Like-Kind Exchanges

Articles
Business Owners
Real Estate Developers
Business Tax

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking about selling a property. If it has appreciated significantly, a...

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Senior couple relaxing on a pier, sharing a blanket and enjoying the sunset over the lake
06.10.26
Ross Gobel, CFP®

When Should You Start Saying “Yes” to Spending in Retirement?

Blog
Wealth Management

For many successful retirees, the hardest part of retirement isn’t deciding how to invest their money. It’s learning how to spend it. That may sound strange at first. After all,...

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family of four, hugging, outdoors, on patio,
06.09.26

The “Kiddie Tax” Can Apply Long After Childhood

Articles
Families
Individual Tax & Planning

Many parents don’t know that the so-called “kiddie tax” exists. Others assume it affects only minor children. But it also can apply to full-time students through age 23 and 18-year-olds...

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Closeup of someone looking at financial charts on their phone, computer in background
06.08.26

May 2026 Market Review

Articles
Market Review
Wealth Management

Fed Transition Underway Kevin Warsh assumes the role of Fed Chair with growth and inflation trending in opposite directions. May 2026 Key Observations Global equities continued to push higher in...

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Self,Employed,Woman,Sits,At,Desk,,Multitasking,,Speaks,With,Clients
06.08.26

Self-Employed? Don’t Overlook Valuable Tax Deductions

Articles
Business Owners
Business Tax

If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements for sole proprietors and independent...

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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.