News + Insights

Do you want to withdraw cash from your closely held corporation at a minimum tax cost? The simplest way is to distribute cash as a dividend. However, a dividend distribution...

Key Takeaways: Withdrawal strategies for IRA inheritors who do not meet the definition of an eligible designated beneficiary are no longer predefined. Therefore, a material planning opportunity exists to sequence...

There once was a time that you needed to physically go into a department store or local shop to buy all the items that were wanted or needed for work...

Now that 2022 is up and running, business owners can expect to face a few challenges and tough choices as the year rolls along. No matter how busy things get,...

Key performance indicators (KPIs) help business operators identify areas of growth and concern within their business operations. In the cannabis industry, this is especially important given the slight margin for...

Email is the most common and most used way to exchange information. We send and receive emails every day, both at work and at home. The average US worker sends...

The number of people engaged in the “gig” or sharing economy has grown in recent years. In an August 2021 survey, the Pew Research Center found that 16% of Americans...

As the year winds down, business owners have many calendar months to look back on to determine how successful their products or services have sold. While reviewing the numbers, think...

BLOOMINGTON, MN, December 21, 2021 – Boeckermann Grafstrom & Mayer is pleased to announce that Ryan Kraemer, Nathan Panning, and Nicole Richards have been promoted to Principal. “We greatly appreciate...

Every business should prepare an annual budget. Creating a comprehensive, realistic spending plan allows you to identify potential shortages of cash, possible constraints on your capacity to fulfill strategic objectives,...

As we near the end of the 2021, proper planning ensures that businesses have timely and accurate year-end financial information, allowing management to make informed and timely decisions after year-end....

Key Takeaways: 2021 has had very little stock market volatility relative to history. However, it’s important to understand that risk doesn’t dissipate in stable market environments and that volatility is...

Key Takeaways: Interest rates continue to remain low, and that seems to bug people. Yes, low rates are probably leading to some of the gains in the stock market. But...

Are employees at your business traveling again after months of virtual meetings? In Notice 2021-52, the IRS announced the fiscal 2022 “per diem” rates that became effective October 1, 2021. Taxpayers...

Low-interest rates and other factors have caused global merger and acquisition (M&A) activity to reach new highs in 2021, according to Refinitiv, a provider of financial data. It reports that...