News + Insights

As the 2024 election approaches, BGM recognizes the pivotal role it could play in shaping the future of cannabis legalization across the United States. Matthew Schweich, the Executive Director of the...

We are excited to announce that Dane Boeckermann, current Principal and President of CPA Services, has been named the new CEO as a result of Cory Parnell’s term coming to...

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...

The IRS has issued its 2025 inflation adjustment numbers for more than 60 tax provisions in Revenue Procedure 2024-40. Inflation has moderated somewhat this year over last, so many amounts will...

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...

As the end of the year approaches, many people start to think about their finances and tax strategies. One effective way to reduce potential estate taxes and show generosity to...

Presenters: Cory Parnell, CEO at BGM, and Blake Johnson, Director at SealedBid In this webinar, Cory and Blake introduced BGM’s recently announced affiliate SealedBid, a lower mid-market Mergers & Acquisitions...

As we approach 2025, changes are coming to the Social Security wage base. The Social Security Administration recently announced that the wage base for computing Social Security tax will increase...

When it comes to growth, businesses have two broad options. First, there’s organic growth — that is, progress made through internal efforts such as boosting sales, expanding into other markets,...

Let’s say you have an unincorporated sideline activity that you consider a business. Perhaps you offer photography services, create custom artwork or sell handmade items online. Will the IRS agree...

Are you a business owner thinking about your next move? Planning a successful business exit can be complex, but during our webinar, Cory Parnell, CPA, CEO of BGM, and Dyanne...

The IRS has been increasing its audit efforts, focusing on large businesses and high-income individuals. By 2026, it plans to nearly triple its audit rates for large corporations with assets...

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...

Property Tax Refund Changes In May 2024, Minnesota passed a tax law that enhances benefits to homeowners and renters’ property tax refund program. As we discussed in a previously published...

This week, the Minnesota Office of Cannabis Management announced that they are still processing the 1,817 social equity adult-use Cannabis licensing applications received by the Office in August. The previous...