News + Insights

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...

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...

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...

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...

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...

The Social Security Administration recently announced that the wage base for computing Social Security tax will increase to $168,600 for 2024 (up from $160,200 for 2023). Wages and self-employment income...

Boeckermann Grafstrom & Mayer, BGM Wealth Partners, and Bridge West Weave Together their Talents to form BGM, Introducing New Brand and Website MINNEAPOLIS, October 18, 2023— Boeckermann Grafstrom & Mayer,...

As the cannabis industry flourishes, a complex set of regulations and tax codes has emerged, shaping the financial landscape for businesses operating in this dynamic sector. Among these regulations is...

Many Americans own a vacation home or aspire to purchase one. If you own a second home in a waterfront community, in the mountains or in a resort area, you...

Ever wonder how IRS examiners know about different industries so they can audit various businesses? They generally do research about specific industries and issues on tax returns by using IRS...

You’d be hard-pressed to find many employees these days who don’t use smartphones for some aspect of their jobs. Even someone who works behind a point-of-sale device may use a...

Introduction to 280E and Its Impact on Cannabis Dispensaries In the rapidly growing cannabis industry, navigating financial intricacies is a matter of survival, particularly when faced with the hurdles of...

In an ever-increasing digital world, the IRS continues transitioning its operations toward more efficient and secure methods. As a recent step in this direction, the IRS announced that starting January...

The evolving landscape of the cannabis industry in the United States has led to numerous legal and financial challenges. A critical issue that requires close attention is the interaction between...

The life of a business owner is often defined by competition. Competing for customers, talent, brand recognition and more are second nature. Selling a business also involves competition in the...