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A document on different types of business formations being read by a small business owner while sitting in office desk.
08.10.25

A tax guide to choosing the right business entity

Articles
Business Owners
Business Tax

One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type. This choice directly impacts how the business is taxed, the...

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Blue toy car on a desk and a man completing paperworlk.
08.09.25

No Tax on Car Loan Interest Under the New Law? Not Exactly

Articles
Individual Tax & Planning

Under current federal income tax rules, so-called personal interest expense generally can’t be deducted. One big exception is qualified residence interest or home mortgage interest, which can be deducted, subject...

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Closeup of a senior man's hand calculating bills at home
08.05.25

Hot Topic Webinar: Gearing Up for Retirement

Webinar
Retirees
Retirement 401k
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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Form 1099-NEC, Nonemployee Compensation, IRS Tax Return Filing Document Close-Up
08.05.25

The New Law Includes a Game-Changer for Business Payment Reporting

Articles
Business Owners
Business Tax

The One, Big Beautiful Bill Act (OBBBA) contains a major overhaul to an outdated IRS requirement. Beginning with payments made in 2026, the new law raises the threshold for information...

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Businesswomen holding green ball globe with ESG icon concepts for Environment, Social, Governance, net zero, carbon neutrality goals, development business sustainable environment concept.
07.30.25

Businesses Can Still Choose to Address Sustainability

Articles
Business Owners
Business Tax

For many years, businesses of all shapes and sizes have at least considered sustainability when running their operations. Many people — including customers, investors, employees and job candidates — care...

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Tax Refund Check with Copy Space Cut Out on White.
07.29.25

What Taxpayers Need to Know About the IRS Ending Paper Checks

Articles
Individual Tax & Planning
Business Tax

The federal government has announced a major change that will affect how numerous Americans receive their tax refunds and federal benefit payments. The U.S. Treasury Department, the IRS and the...

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2 business owners reviewing tax documents and QBI deductions
07.28.25

The QBI Deduction and What’s New in the One, Big, Beautiful Bill Act

Articles
Business Owners
Business Tax

The qualified business income (QBI) deduction, which became effective in 2018, is a significant tax benefit for many business owners. It allows eligible taxpayers to deduct up to 20% of...

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Business owner reviewing financial documents and building equity plan,
07.25.25
Jake Thibault, CFP®

Decoding ISO, NSO, RSU? A Plain English Guide to Your Startup Equity

Blog
Business Owners
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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Solar panels wind turbines installed as renewable energy sources for electricity and power supply. Innovation and technology, environmental friendly energy.
07.25.25

The OBBBA Will Soon Eliminate Certain Clean Energy Tax Incentives

Articles
Business Owners
Business Tax
Individual Tax & Planning

For some time, President Trump and the GOP have had their sights on repealing many of the tax incentives created or enhanced by the Inflation Reduction Act (IRA). With the...

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Parents and their child in a bedroom
07.23.25

What Families Need to Now About the New Tax Law

Articles
Families
Family Office
Individual Tax & Planning

The One, Big, Beautiful Bill Act (OBBBA) has introduced significant tax changes that could affect families across the country. While many of the provisions aim to provide financial relief, the...

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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.