News + Insights

Boeckermann Grafstrom & Mayer (BGM) has recently been recognized by Accounting Today in two of the publication’s annual lists for 2023: “Regional Leaders Top Firms: Midwest” and “Beyond the Top...

As Minnesota continues to progress toward the legalization of adult-use cannabis, there are a lot of changes and updates for current cannabis license holders to keep in mind. Here are...

For many cannabis businesses, managing financials can be a challenge. With complex regulations, high taxes, and changing market trends, keeping up with accounting and bookkeeping can be a daunting task....

Insights from Bridge West CPAs Check out our highlights of the events happening throughout the year, and we will regularly update this listing. Business of Cannabis: NYC Sessions – New...

This CannaBlog is intended to provide some considerations that current and potential license holders should think about as they work with advisors to make entity selection decisions or consider potential...

What is Form 1099? Form 1099 is an important IRS tax document that all businesses must file when applicable known as an information return, meaning you fill out the form...

If your small business has a retirement plan, and even if it doesn’t, you may see changes and benefits from a new law. The Setting Every Community Up for Retirement...

There are many reasons you may be looking to sell your business, from retiring to making a life change. You’ll need to know the different kinds of potential business buyers in the...

If you’re a parent or grandparent with college-bound children, you may want to save to fund future education costs. Here are several approaches to take maximum advantage of the tax-favored...

Email and text messages are the most common communication in today’s digital world, which we use for personal and business. While sending sensitive data by email or text message is...

Although the national price of gas is a bit lower than it was a year ago, the optional standard mileage rate used to calculate the deductible cost of operating an...

Boeckermann Grafstrom & Mayer (BGM) is pleased to announce that Kurt Dingmann, CPA, has been promoted to Principal. “We congratulate Kurt on this well-deserved promotion,” said Dane Boeckermann, President and...

It might sound like the lingo of air traffic controllers — inbound vs. outbound. But businesses of all types must grapple with these concepts and their associated challenges when developing...

Businesses shut down for many reasons. Some of the reasons that businesses shutter their doors: An owner retirement, A lease expiration, Staffing shortages, Partner conflicts, and Increased supply costs. If...

Almost 30 years ago, the United States, United Kingdom, Australia, Canada, and the International Accounting Standards Board published a discussion paper that proposed the elimination of an operating lease. Operating leases were...