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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. 

Older man and woman holding hands walking on a beach together
05.01.24
Jon T. Meyer, CFP®

Spend It! (How to Spend Money in Retirement)

Newsletter
Retirees
Wealth Management

Key Takeaway: You might be good at saving, but are you good at spending? Enjoying money is harder than it seems, but the jolt of retirement reminds us we must...

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04.30.24

Taxes when you sell an appreciated vacation home

Articles
Individual Tax & Planning

Vacation homes in upscale areas may be worth way more than owners paid for them. That’s great, but what about taxes? Here are three scenarios to illustrate the federal income...

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04.29.24

When partners pay expenses related to the business

Articles
Executives
Individual Tax & Planning

It’s not unusual for a partner to incur expenses related to the partnership’s business. This is especially likely to occur in service partnerships such as an architecture or law firm....

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04.24.24

Health care self-insurance and stop-loss coverage: What business owners need to know

Articles
Healthcare
Advisory

For businesses, cost-effectively sponsoring a health insurance plan for employees is an ongoing battle. In the broadest sense, you have two options: fully insured or self-funded. A fully insured plan...

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04.23.24

Minnesota Cannabis Market Insights: Legislative Update

Event
Webinar
Cannabis

Wednesday, May 8, 2024 from 12:00pm – 12:50 pm CT Learn more about the new, uncharted, and evolving cannabis marketplace in Minnesota. Cannabis industry experts will walk you through updates...

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04.23.24

Watch out for “income in respect of a decedent” issues when receiving an inheritance

Articles
Young Inheritors
Estate and Trust

Most people are genuinely appreciative of inheritances, and who wouldn’t enjoy some unexpected money? But in some cases, it may turn out to be too good to be true. While...

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Business owner signing a contract preparing to sell a business.
04.22.24
Jon T. Meyer, CFP®

Preparing to Sell Your Business – 5 Years Out

Blog
Business Owners
Wealth Management

Key Takeaway: Many business owners wait until they are ready to sell their business to find out that they could have received a higher offer had they worked on some...

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04.17.24
Calvin P. Shannon, CPA, CVA

The Strategic Journey of Trulieve Cannabis Corp. and Its Impact on Cannabis Taxation

Blog
Cannabis

The cannabis industry is navigating through an ever-changing legal and tax landscape marked by significant milestones and complex challenges. Among these, the remarkable journey of Trulieve Cannabis Corp. in securing...

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04.17.24

IRS issues guidance on tax treatment of energy efficiency rebates

Articles
Individual Tax & Planning

The Inflation Reduction Act (IRA) established and expanded numerous incentives to encourage taxpayers to increase their use of renewable energy and adoption of a range of energy efficient improvements. In...

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04.16.24

The pros and cons of turning your home into a rental

Articles
Families
Executives
Individual Tax & Planning

If you’re buying a new home, you may have thought about keeping your current home and renting it out. In March, average rents for one- and two-bedroom residences were $1,487...

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04.15.24
Dyanne Ross-Hanson

Business Continuity – Making Sure Your Business Continues if You Don’t!

Blog
Business Owners
Advisory

Featured Blog Post by Dyanne Ross-Hanson, President of Exit Planning Strategies LLC We are proud to feature this insightful blog from Dyanne Ross-Hanson, a distinguished expert in business continuity and...

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04.09.24

Keep these 3 issues in mind after you file your return

Articles
Business Owners
Families
Executives
Advisory

The tax filing deadline for 2023 tax returns is April 15 this year. If you need more time, you can file for an extension until October 15. In either case,...

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04.08.24

Scrupulous records and legitimate business expenses are the key to less painful IRS audits

Articles
Business Owners
Business Tax

If you operate a business, or you’re starting a new one, you know records of income and expenses need to be kept. Specifically, you should carefully record expenses to claim...

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04.03.24

The tax deadline is almost here: File for an extension if you’re not ready

Articles
Business Owners
Business Tax
Individual Tax & Planning

The April 15 tax filing deadline is right around the corner. However, you might not be ready to file. Sometimes, it’s not possible to gather your tax information by the...

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04.01.24

Business Continuity: What’s the Back-Up Plan?

Event
Webinar
Business Owners
Advisory

In today’s challenging and unpredictable business landscape, the question for business owners isn’t if unexpected events will occur, but when. This webinar, featuring Cory Parnell, CPA, Principal and CEO of...

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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.