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. 

a graphic showing the words "Buy-Sell Agreement" connecting to various symbols
07.15.24

If your business has co-owners, you probably need a buy-sell agreement

Articles
Business Owners
Advisory

Are you buying a business that will have one or more co-owners? Or do you already own one fitting that description? If so, consider installing a buy-sell agreement. A well-drafted...

Read More
a graphic showing the word cost above a graph showing min and max on opposing sides
07.11.24

3 Areas of Focus for Companies Looking to Control Costs

Articles
Business Owners
Advisory

Controlling costs is fundamental for every business. But where and how to address this challenge can change over time based on various economic and logistical factors. Earlier this year, global...

Read More
a graphic showing Estate planning surrounding by connected key concepts
07.10.24

Planning Your Estate? Don’t Overlook Income Taxes

Articles
Estate and Trust

The current estate tax exemption amount ($13.61 million in 2024) has led many people to feel they no longer need to be concerned about federal estate tax. Before 2011, a...

Read More
a graphic showing the word taxes
07.08.24

Be aware of the tax consequences of selling business property

Articles
Business Owners
Business Tax

If you’re selling property used in your trade or business, you should understand the tax implications. There are many complex rules that can potentially apply. To simplify this discussion, let’s...

Read More
a graphic showing show blocks making a set of stairs with the word personal loan on one
07.02.24

Consider borrowing from your corporation but structure the deal carefully

Articles
Business Owners
Business Tax

If you own a closely held corporation, you can borrow funds from your business at rates that are lower than those charged by a bank. But it’s important to avoid...

Read More
2 business people reviewing documents and quarterly graphs
06.28.24

Hot Topic Webinar: Q3 Economic Update

Event
Webinar
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
a graphic showing "T C J A" above the capital building
06.27.24

What might be ahead as many tax provisions are scheduled to expire?

Articles
Business Tax
Individual Tax & Planning

Buckle up, America: Major tax changes are on the horizon. The reason has to do with tax law and the upcoming elections. Our current situation The Tax Cuts and Jobs...

Read More
A professional looking stressed while reviewing documents on his computer
06.26.24
Jon T. Meyer, CFP®

Five Trivial Mistakes with Large Impact Busy Business Owners Make

Blog
Business Owners
Wealth Management

Key Takeaway: It is easy to neglect your personal finances when focusing on building a business. The trivialities of life just get in the way. But the impact of those...

Read More
A financial analyst reviewing charts on his ipad
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...

Read More
a graphic showing the Q3 2024 Tax Calendar
06.25.24

2024 Q3 tax calendar: Key deadlines for businesses & 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...

Read More
A graphic showing the Minneapolis skyline with the StarTribune top 200 workplaces 2024 logo
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...

Read More
A graphic showing Secure 2.0 2024 spelled out with blocks
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...

Read More
Social security cards sitting on top of a 100-dollar bill
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...

Read More
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...

Read More
Cannabis plants growing in a greenhouse
06.17.24

Minnesota Cannabis Insights – Virtual Event

Event
Cannabis

Date: Tuesday, June 25, 2024 Develop a deeper understanding of Minnesota’s most current rules and regulations. Review key areas of the cannabis industry and the latest regulations and legislation. Gain...

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.