News + Insights

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...

Key Points House Democrats outlined tax increases they aim to use to offset up to $3.5 trillion in spending on the social safety net and climate policy. The proposal includes...

In recent weeks, some Americans have been victimized by hurricanes, severe storms, flooding, wildfires, and other disasters. No matter where you live, unexpected disasters may cause damage to your home...

Business owners are regularly urged to create and update their succession plans. And rightfully so — in the event of an ownership change, a solid succession plan can help prevent...

If you’re a business owner and you’re getting a divorce, tax issues can complicate matters. Your business ownership interest is one of your biggest personal assets and in many cases,...

Over the last several years, the capital structures of high-THC license holding companies have become increasingly more complex. If the entity is taxed as a partnership, unexpected and challenging tax...

What if you decide to, or are asked to, guarantee a loan to your corporation? Before agreeing to act as a guarantor, endorser or indemnitor of a debt obligation of...

In today’s fast-paced world, businesses must be flexible and capable of adapting instantly. As a business owner, it can be easy to fall into survival mode and lose track of...

I have spent the pandemic learning that measurement is useful when cooking. I started using a scale more often for cooking, brewing coffee (I can make a mean pour-over), and...

One of the hardest questions to answer as a business owner is, “How is our company retirement plan performing?” And when you dig deeper, there are even more questions that...

Jason Marvin, Principal with Boeckermann Grafstrom & Mayer, recently published an article about key performance indicators (KPIs) and how they can be used to help cannabis businesses track and achieve...

IPA Logo Top 200Boeckermann Grafstrom & Mayer (BGM) was recently ranked among the country’s “Top 200 Accounting Firms” by INSIDE Public Accounting (IPA). IPA’s annual rankings of the 400 largest...

If you’re planning your estate, or you’ve recently inherited assets, you may be unsure of the “cost” (or “basis”) for tax purposes. The current rules Under the current fair market...

No matter the size or shape of a business, one really can’t overstate the importance of sound accounts receivable policies and procedures. Without a strong and steady inflow of cash,...