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02.27.19

Careful Tax Planning Required for Incentive Stock Options

Articles
Business Owners
Advisory

Incentive stock options (ISOs) are a popular form of compensation for executives and other employees of corporations. They allow you to buy company stock in the future at a fixed...

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02.27.19

Beware the Ides of March — If You Own a Pass-Through Entity

Articles
Business Owners
Business Tax

Shakespeare’s words don’t apply just to Julius Caesar; they also apply to calendar-year partnerships, S corporations and limited liability companies (LLCs) treated as partnerships or S corporations for tax purposes....

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02.20.19

The Home Office Deduction: Actual Expenses vs. the Simplified Method

Articles
Business Owners
Business Tax
Individual Tax & Planning

If you run your business from your home or perform certain functions at home that are related to your business, you might be able to claim a home office deduction...

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02.20.19

Don’t Let Scope Creep Ruin Your Next IT Project

Articles
IT
Advisory

Today’s business technology is both powerful and restive. No matter how “feature rich” a software solution or hardware asset may be, there’s always another upgrade around the corner. In other...

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02.11.19

When are LLC Members Subject to Self-Employment Tax?

Articles
Business Owners
Business Tax
Individual Tax & Planning

Limited liability company (LLC) members commonly claim that their distributive shares of LLC income — after deducting compensation for services in the form of guaranteed payments — aren’t subject to...

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02.06.19

Financial Statements Tell Your Business’s Story, Inside and Out

Articles
Business Owners
Audit & Assurance

Ask many entrepreneurs and small business owners to show you their financial statements and they’ll likely open a laptop and show you their bookkeeping software. Although tracking financial transactions is...

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“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.