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. 

09.09.24

It’s time for your small business to think about year-end tax planning

Articles
Business Owners
Business Tax

With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s taxes for this year and next. The strategy of deferring...

Read More
09.09.24
Cory M. Parnell, CPA

The Rescheduling of Cannabis: A Turning Point for Cannabis Industry Regulation

Blog
Cannabis

As the conversation surrounding the rescheduling of cannabis gains momentum, it is clear that we are at a pivotal moment in the history of cannabis regulation in the United States....

Read More
09.06.24
Spencer Davies, CFP®

Investment Strategies for Inheritors with Surplus Wealth: Turning a Windfall into Lasting Financial Security

Blog
Young Inheritors
Wealth Management

Inheriting a substantial sum of money is both a blessing and a challenge. While the opportunities can be vast for high-net-worth individuals, the potential pitfalls are equally significant. This kind...

Read More
09.05.24

6 tax-free income opportunities

Articles
Individual Tax & Planning

Believe it or not, there are ways to collect tax-free income and gains. Here are some of the best opportunities to put money in your pocket without current federal income...

Read More
09.04.24
Aaron Stolz

Insights from the MN CLE Cannabis Conference

Blog
Cannabis

“The MN CLE Cannabis Conference was an invaluable opportunity for professionals across Minnesota’s cannabis industry to better understand the state’s evolving legal and regulatory landscape. As we continue to navigate...

Read More
09.04.24

Reasons an LLC might be the ideal choice for your small to medium-size business

Articles
Business Owners
Business Tax

Choosing the right business entity is a key decision for any business. The entity you pick can affect your tax bill, your personal liability and other issues. For many businesses,...

Read More
09.03.24

Hot Topic Webinar: Optimize Your Social Security Benefits

Webinar
Retirees
Wealth Management

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...

Read More
09.03.24

Federal court rejects FTC’s noncompete agreement ban

Articles
Business Owners
Advisory

In April 2024, the Federal Trade Commission (FTC) approved a final rule prohibiting most noncompete agreements with employees. The ban was scheduled to take effect on September 4, 2024, but ran into...

Read More
09.03.24
Ross Gobel

The Bucket Strategy: How to Organize Your Finances for a Stress-Free Retirement

Blog
Wealth Management
Retirement 401k

As a financial professional with years of experience planning for clients’ next stage of life, I have witnessed the many questions people struggle with when they prepare to retire. “What...

Read More
08.28.24
Rebecca Hackbarth

Benefits of Family Office Services

Blog
Business Owners
Executives
Retirees
Family Office

More Money, More Problems? Consider Family Office Services. More money, more problems isn’t just an allusion to a chart-topping 90s hit song. Affluent families and individuals can, in fact, run...

Read More
08.28.24

Brand audits can help companies in a variety of ways

Articles
Business Owners

A strong brand can help boost revenue, while a weaker one may reduce sales opportunities and stifle growth. Like many business owners, you’ve probably spent considerable time and energy crafting...

Read More
08.27.24

Are you liable for two additional taxes on your income?

Articles
Individual Tax & Planning

Having a high income may mean you owe two extra taxes: the 3.8% net investment income tax (NIIT) and a 0.9% additional Medicare tax on wage and self-employment income. Let’s...

Read More
08.26.24

Navigating tax complexities: Craft partnership agreements and LLC operating agreements with precision

Articles
Business Owners
Business Tax

Partnerships are often used for business and investment activities. So are multi-member LLCs that are treated as partnerships for tax purposes. A major reason is that these entities offer federal...

Read More
08.22.24

Beneficial Ownership Information (BOI) Filing Webinar

Webinar
Business Owners

In case you missed it, we hosted a webinar on “Beneficial Ownership Information (BOI) Filing” on Tuesday, August 27, presented by Cory Parnell, CPA, Principal of BGM. During the webinar,...

Read More
08.22.24
Jake Thibault

Understanding the Federal Estate Tax Exemption: What You Need to Know

Blog
Estate and Trust

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...

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.