News + Insights

As a professional in the trust industry, a key discussion I have with clients is regarding the most effective methods for transferring wealth to the next generation. While outright gifts...

It might seem like we just rang in the New Year, and suddenly, in the blink of an eye, the year is half over.  So it could come as a...

Receiving a significant inheritance can be a life-changing experience, offering both exciting opportunities and potential challenges. Whether the funds come from a family member’s estate or an unexpected inheritance, managing...

Many Americans receive disability income. Are you one of them, or will you soon be? If so, you may ask: Is the income taxed and if it is, how? It...

Publicly traded and private companies often share a portion of the success with employees through equity compensation. One common method is called restricted stock units (RSUs). These can be an...

When the leadership teams of many companies engage in strategic planning, they may be inclined to play it safe. And that’s understandable; sticking to strengths and slow, measured growth are...

BGM, a nationally recognized top 200 accounting and advisory firm, is excited to announce the addition of SealedBid, a specialized lower mid-market mergers and acquisitions (M&A) firm based in Minneapolis,...

Key Takeaway: Strategy should always take precedence over tactics. This is especially true with all the investment solutions being touted as the answer to people’s main fear: losing money. However,...

If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply. To simplify this discussion, let’s...

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...

Key Takeaway: It is easy to neglect your personal finances when focusing on building a business. The trivialities of life just get in the way. But the impact of those...

Here are some of the key tax-related deadlines affecting businesses and other employers during the third quarter of 2024. Keep in mind that this list isn’t all-inclusive, so there may...

BGM is pleased to announce that the Firm has been named a 2024 Top Workplace by the Star Tribune! Top Workplace award recipients are determined by employee feedback from a...

Employees, self-employed individuals and employers all pay Social Security tax, and the amounts can get bigger every year. And yet, many people don’t fully understand the Social Security tax they...

Employee Fringe Benefits Make Your Company a More Attractive Employer As economic conditions remain unsteady, companies of all sizes are seeking ways to grow without taking on excessive risk. One...