News + Insights

Access Our Wealth of Knowledge

coffee and newspaper

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. 

11.14.23
John Barghini, CPA, MBT

Unlocking Transparency: Navigating the New Small Business Reporting Frontier

Newsletter
Business Owners
Business Tax
Beneficial Ownership Information Filing (BOI)

Starting January 1, 2024, many businesses will be required to file a Beneficial Ownership Information (BOI) report with the Financial Crimes Enforcement Network (FinCEN). The BOI reporting requirement is an...

Read More
11.14.23
Jon T. Meyer, CFP®

When Diversification Fails

Newsletter
Advisory
Wealth Management

Key Takeaway: Diversification is often thought to yield better results in many aspects of life. With an investment portfolio, the concept is key. However, diversifying your advisors might lead to...

Read More
11.14.23
Leonetta Rence, CTFA

Looking to Retain Key Talent or Attract New Hires in Today’s Competitive Job Market? We Have a Solution for You

Newsletter
Business Owners
Trusts

In the dynamic landscape of today’s workforce, the pursuit of effective strategies to retain valuable employees and attract new talent is more critical than ever. Enter the realm of Non-Qualified...

Read More
11.07.23

What you need to know about restricted stock awards and taxes

Articles
Business Owners
Business Tax

Restricted stock awards are a popular way for companies to offer equity-oriented executive compensation. Some businesses offer them instead of stock option awards. The reason: Options can lose most or...

Read More
11.06.23

Choosing a business entity: Which way to go?

Articles
Business Owners
Business Tax

If you’re planning to start a business or thinking about changing your business entity, you need to determine what will work best for you. Should you operate as a C corporation...

Read More
11.01.23

Businesses: Know who your privileged users are … and aren’t

Articles
Business Owners
Business Tax

Given the pervasiveness of technology in the business world today, most companies are sitting on treasure troves of sensitive data that could be abducted, exploited, corrupted or destroyed. Of course,...

Read More
11.01.23

MNCPA Tax Conference 2023 – Cannabis 101 For CPAs: Tax and Accounting Issues You Need to Know

Event
Cannabis

Wednesday, November 15 8: 00 – 9:25 am CST Cannabis is a new, complex, and growing industry. Learn about the nuanced issues cannabis operators face and how you can help...

Read More
10.31.23

Contributing to your employer’s 401(k) plan: How it works

Articles
Business Owners
Business Tax

If you’re fortunate to have an employer that offers a 401(k) plan, and you don’t contribute to it, you may wonder if you should participate. In general, it’s a great...

Read More
10.30.23

New per diem business travel rates kicked in on October 1

Articles
Business Owners
Business Tax

Are employees at your business traveling and frustrated about documenting expenses? Or perhaps you’re annoyed at the time and energy that goes into reviewing business travel expenses. There may be...

Read More
10.26.23

IRS offers a withdrawal option to businesses that claimed ERTCs

Articles
Business Owners
Business Tax

Recent IRS warnings and announcements regarding the Employee Retention Tax Credit (ERTC) have raised some businesses’ concerns about the validity of their claims for this valuable, but complex, pandemic-related credit...

Read More
10.25.23

What businesses can expect from a DOL benefits plan audit

Articles
Business Owners
Audit & Assurance
Retirement 401k

All but the smallest businesses today are generally expected to offer employees “big picture” benefits such as health insurance and a retirement plan. Among the risks of doing so is...

Read More
10.25.23

Minnesota Cannabis Market Insights: Discover Key Steps to Take Now

Event
Webinar
Cannabis

Wednesday, November 15, 2023 at 4:00 PM – 6:00 PM CT Discover the Flourishing Cannabis Landscape of Minnesota! Join us for a deep dive into the promising cannabis market in...

Read More
a business office building
10.24.23

What businesses can expect from a green lease

Articles
Business Owners
Business Tax

With events related to climate change continuing to rock the news cycle, many business owners are looking for ways to lessen their companies’ negative environmental impact. One move you may...

Read More
a banner image saying tax deducible
10.24.23

What types of expenses can’t be written off by your business?

Articles
Business Owners
Business Tax

If you read the Internal Revenue Code (and you probably don’t want to!), you may be surprised to find that most business deductions aren’t specifically listed. For example, the tax...

Read More
10.24.23

Facing a future emergency? Two new tax provisions may soon provide relief

Articles
Families
Individual Tax & Planning

Perhaps you’ve been in this situation before: You have a financial emergency and need to get your hands on some cash. You consider taking money out of a traditional IRA...

Read More

“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.