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02.28.22

The Election to Apply the Research Tax Credit against Payroll Taxes

Articles
Business Owners
Executives
Business Tax

The credit for increasing research activities, often referred to as the research and development (R&D) credit, is a valuable tax break available to eligible businesses. Claiming the credit involves complex...

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02.22.22

Can you Deduct the Costs of a Spouse on a Business Trip?

Articles
Business Owners
Families
Individual Tax & Planning
Business Tax

If you own your own company and travel for business, you may wonder whether you can deduct the costs of having your spouse accompany you on trips. The rules for...

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02.16.22
Dane J. Boeckermann, CPA

What Services Should You Get When Going Through a Merger or Acquisition?

Blog
Business Owners
Advisory

If you wish to sell your business to retire or transition or you’re seeking to buy a new business as part of your growth strategy, mergers and acquisitions are a...

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02.15.22

Married couples filing separate tax returns: Why would they do it?

Articles
Families
Individual Tax & Planning

If you’re married, you may wonder whether you should file joint or separate tax returns. The answer depends on your individual tax situation. In general, it depends on which filing...

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02.14.22

Making Withdrawals from Your Closely Held Corporation that aren’t Taxed as Dividends

Articles
Business Owners
Advisory

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...

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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.