News + Insights

Running a business requires juggling countless responsibilities. Not surprisingly, bookkeeping tasks often end up on the bottom of to-do lists. The good news is that falling behind doesn’t necessarily mean...

BGM is proud to announce that the Firm has been recognized as a 2026 Top Workplace by the Minnesota Star Tribune for the third consecutive year. This recognition is based...

Even with a relatively low unemployment rate (averaging around 4.4% over the past year), layoffs and terminations continue to affect workers across many industries. If you’ve recently lost your job,...

Most startup founders spend years obsessing over product-market fit, burn rates, and growth. What they don’t prepare for is the other side: the moment the exit happens and millions of...

If you’re a real estate developer or a small business owner who owns commercial real estate, you might be thinking about selling a property. If it has appreciated significantly, a...

For many successful retirees, the hardest part of retirement isn’t deciding how to invest their money. It’s learning how to spend it. That may sound strange at first. After all,...

Many parents don’t know that the so-called “kiddie tax” exists. Others assume it affects only minor children. But it also can apply to full-time students through age 23 and 18-year-olds...

Fed Transition Underway Kevin Warsh assumes the role of Fed Chair with growth and inflation trending in opposite directions. May 2026 Key Observations Global equities continued to push higher in...

If you’re self-employed, you probably have questions about deducting business expenses on your federal income tax return. Here’s a quick overview of the filing requirements for sole proprietors and independent...

If you participate in a company 401(k) plan, you already know that you can make pre-tax contributions up to the annual elective deferral limit to a traditional, tax-deferred account. If...

Many modern businesses rely on intangible assets, such as goodwill, trademarks and customer lists. But the IRS doesn’t treat all intangibles the same way. Questions about how these assets are...

What dispensaries need to know about tips, payroll reporting, and the new federal deduction. Cannabis operators may begin seeing payroll warnings related to Treasury Tipped Occupation Codes, (“TTOC”). These warnings...

If you’re seeking financing to start or grow a small business, don’t forget to look at loan programs through the U.S. Small Business Administration (SBA). Down payments, interest rates and...

Wednesday, June 24, 2026 12 to 1 p.m. CT   You’re encouraged to share this event with friends, colleagues, and family members. Have you been wondering whether you should invest...

Tax scammers continue to target taxpayers through email, text messages, phone calls and regular mail. They often try to create urgency or fear to trick victims into sharing sensitive information...