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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. 

A graphic showing the words Standard vs Itemized Deductions on a tablet next to a calulator
02.25.25

Can I itemize deductions on my tax return?

Articles
Individual Tax & Planning

You may wonder if you can claim itemized deductions on your tax return. Perhaps you made charitable contributions and were told in the past they couldn’t be claimed because you...

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two business owners discussing their budget and taxes while reviewing financial documents
02.18.25
Kurt Dingmann, CPA

Budgeting and Tax Planning Tips for 2025

Blog
Individual Tax & Planning
Wealth Management

As we dive into 2025, it’s the perfect time to reassess your financial strategies, especially in budgeting and tax planning. The start of a new year offers a clean slate,...

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A graphic showing a part of a social security card with a jar fileld with cash that has the word retirement on it
02.17.25
Ross Gobel

Maximizing Your Social Security Benefits: Strategies for Pre-Retirees

Blog
Retirement 401k
Wealth Management

Clients often ask when they should start claiming their Social Security benefits. While Social Security payments are generally not our clients’ primary source of retirement income, they are an essential...

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young cannabis sprout grows from coins against a blurry background of nature
02.11.25

Navigating the Challenges of Cannabis Financing in 2025

Webinar
Cannabis

In this webinar, Cory Parnell, CPA, Principal, BGM, and Tripp Murray, Managing Partner, Virentium Advisors gathered for an insightful discussion on navigating the challenges of cannabis financing in 2025. As cannabis...

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A cannabis leaf sitting on top of spread out us dollars
02.11.25
Aaron Stolz

Financial Considerations for Entering New Cannabis Markets

Blog
Cannabis

Author: Aaron Stolz, Senior Accountant, BGM  As the cannabis industry continues to grow across the United States, new markets present opportunities for entrepreneurs and businesses looking to capitalize on this...

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a graphic showing a bar chart that's increasing from left to right with the year 2025 over top of it
02.10.25

Hot Topic Webinar: Tax Planning for Investments & Retirement

Webinar
Individual Tax & Planning
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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a business professional working on a calculator while reviewing their taxes owed on tips
02.10.25

Questions about taxes and tips? Here are some answers for employers

Articles
Business Owners
Business Tax

Businesses in certain industries employ service workers who receive tips as a large part of their compensation. These businesses include restaurants, hotels and salons. Compliance with federal and state tax...

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Business professionals discussing liquidity while reviewing financial documents
02.10.25
Jake Thibault, CFP®

Planning for Liquidity Events: What to Do After Major Funding Round or Exit

Blog
Business Owners

The U.S Open of Entrepreneurial Success A major liquidity event represents a pivotal moment for any founder, entrepreneur, or early employee. Whether through a successful funding round or company exit,...

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The white house
02.06.25

President Trump’s tax plan: What proposals are being discussed in Washington?

Articles
Business Tax
Individual Tax & Planning

President Trump and the Republican Congress plan to act swiftly to make broad changes to the United States — including its federal tax system. Congress is already working on legislation...

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cannabis plants growing in a grow room
01.29.25

Does 280E Apply? What the Cannabis Industry and IRS are Saying

Webinar
Cannabis

In this webinar, cannabis industry experts, Calvin Shannon, Principal at BGM, Nick Richards, Tax Partner at Greenspoon Marder LLP, and Hannah King, Partner at Dentons, gathered for a timely discussion...

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Stock market data with uptrend vector
01.24.25
Ross Gobel

Navigating Market Volatility: Investment Strategies for Future Retirees

Articles
Wealth Management
Retirement 401k

Many people struggle with planning for retirement and managing anxiety over volatile markets. The shift from working and saving for retirement to spending the money in those accounts can be...

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a graphic showing the words "Tax Deadline" on a sticky note stuck on a calendar
01.20.25

2025 Tax Calendar

Articles
Business Owners
Individual Tax & Planning
Business Tax

To help make sure you don’t miss any important 2025 deadlines, we’re providing this summary of when various tax-related forms, payments and other actions are due. Please review the calendar...

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newly sprouted cannabis plants in a greenhouse with workers in the background
01.08.25

Want a Cannabis License? Tips for Success in Minnesota’s Licensing Process

Webinar
Cannabis

In this webinar, industry pros Peter Prevot, CPA (COO), Jacob Irving, J.D. (VP of Consulting Services), and Ben Ogren (Cannabis Consultant) from Bridge West Consulting, gathered for an informative chat...

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A graphic showing an accountant working on a laptop with charts and graphs floating above it
01.06.25

How Section 1231 gains and losses affect business asset sales

Articles
Business Owners
Business Tax

When selling business assets, understanding the tax implications is crucial. One area to focus on is Section 1231 of the Internal Revenue Code, which governs the treatment of gains and...

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A graphic showing difference paths a person can take
12.23.24

Operating as a C corporation: Weigh the benefits and drawbacks

Articles
Business Owners
Business Tax

When deciding on the best structure for your business, one option to consider is a C corporation. This entity offers several advantages and disadvantages that may significantly affect your business operations...

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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.