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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. 

06.26.24

May Market Review

Articles
Market Review
Wealth Management

Patience and Pragmatism A Back-to-the-Basics Look at Allocating Capital Efficiently Key Observations A fixation on the direction of interest rates continues to drive prices in the short term, including in...

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06.25.24

2024 Q3 tax calendar: Key deadlines for businesses and other employers

Articles
Business Owners
Business Tax

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...

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06.24.24

BGM named in “Star Tribune’s 2024 Top Workplaces” List

News

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...

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06.20.24

SECURE 2.0: Which provisions went into effect in 2024?

Articles
Retirement 401k
Individual Tax & Planning

The Setting Every Community Up for Retirement Enhancement (SECURE) 2.0 Act was signed into law in December 2022, bringing more than 90 changes to retirement plan and tax laws. Many of...

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06.18.24

Social Security tax update: How high can it go?

Articles
Individual Tax & Planning
Retirement 401k

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...

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06.18.24
Nathan B. Panning, CPA

Employee Fringe Benefits Help You Attract Talent

Blog
Business Owners
Business Tax

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...

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06.17.24

Minnesota Cannabis Insights – Virtual Event

Event
Cannabis

Date: Tuesday, June 25, 2024 Time: 8:30AM-4:30PM CST Develop a deeper understanding of Minnesota’s most current rules and regulations. Review key areas of the cannabis industry and the latest regulations...

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06.17.24

Hiring your child to work at your business this summer

Articles
Business Owners
Advisory

With school out, you might be hiring your child to work at your company. In addition to giving your son or daughter some business knowledge, you and your child could...

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06.13.24

4 ways businesses can better control cash flow

Articles
Business Owners
Advisory

From the minute they open their doors, business owners are urged to keep a close eye on cash flow. And for good reason — even companies with booming sales can...

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06.11.24

The tax consequences of selling mutual funds

Articles
Advisory

Do you invest in mutual funds or are you interested in putting some money into them? If so, you’re part of a large group. According to the Investment Company Institute,...

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06.10.24

Figuring corporate estimated tax

Articles
Business Owners
Business Tax

The next quarterly estimated tax payment deadline is June 17 for individuals and businesses, so it’s a good time to review the rules for computing corporate federal estimated payments. You want...

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06.10.24

Is Your Business Subject to the New BOI Reporting Rules?

Articles
Business Owners
Business Tax

The Corporate Transparency Act (CTA), effective from January 1, 2024, introduces significant changes in the way businesses report their beneficial ownership information (BOI). These changes are designed to enhance transparency...

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06.10.24
Cory M. Parnell, CPA

Determining Inventory Costs for Your Cannabusiness

Blog
Cannabis
Business Owners
Outsourced Accounting
Business Tax

Since BGM started working with cannabis and hemp companies in 2009, one of the most challenging accounting and tax issues has been determining inventory costs. Determining inventory costs is a...

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06.05.24

Why businesses may want to integrate ESG into strategic planning

Articles
Business Owners
Advisory

When business owners and their leadership teams meet to discuss strategic planning, the primary question on the table is usually something along the lines of, “How can we safely grow...

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06.04.24
Jon T. Meyer, CFP®

What To Do If You Suddenly Come Into A Large Sum of Money?

Blog
Young Inheritors
Business Owners
Wealth Management

Key Takeaway: Whether a business sale, inheritance, or lottery win, coming into money changes your life in fundamental ways. Being purposeful in how you spend it, invest it, and use...

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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.