Blog

Becky Gibbs | Apr. 30, 2024

How to Communicate Accounting Information to Laypeople

Accurate, timely financial information is key to making good decisions for executives, board members, investors and other stakeholders. But not…

Tom Hofstad | Apr. 18, 2024

Insuring Construction Projects Under a CCIP

Construction projects are inherently fraught with risk. That’s why having the right insurance in place is critical for all parties…

Ashley Sparks | Apr. 17, 2024

Nonprofits Don’t Lose as Much to Fraud, but Risk Requires Action

According to the Association of Certified Fraud Examiners’ (ACFE’s) Occupational Fraud 2024: A Report to the Nations, not-for-profits suffer roughly…

Emiley Sandvik | Apr. 12, 2024

Getting a Handle on Inventory

Inventory is a key balance sheet item for many companies. Depending on the nature of your operations, inventory may include…

Ashley Sparks | Apr. 10, 2024

10 Ways Cloud Computing Can Benefit Manufacturers

As the end of the first quarter of the 21st century nears, cloud computing has become an integral part of…

John Csargo | Apr. 3, 2024

2024 Q2 Tax Calendar: Key Deadlines for Businesses and Employers

Here are some of the key tax-related deadlines that apply to businesses and other employers during the second quarter of…

Ashley Sparks | Mar. 27, 2024

Structuring Your Manufacturing Company as an S Corporation or LLC Can Result in Different Outcomes

When it comes to business structure, manufacturing company owners have a few choices. Among them are an S corporation and…

Greg Carlson | Mar. 25, 2024

The Tax Relief for American Families and Workers Act of 2024 (Update)

The U.S. House of Representatives passed the Tax Relief for American Families and Works Act on January 31, 2024. Since…

Brandon Dunigan | Mar. 25, 2024

Beneficial Ownership Information Reporting

By now, many of you have become aware of newly enacted Federal Beneficial Ownership Reporting that passed as a part…

Charlie Metzig | Mar. 22, 2024

Travis Noe Promoted to Chief Information Officer

Boyum Barenscheer is pleased to announce the promotion of Travis Noe to the position of Chief Information Officer (CIO). As…

Ashley Sparks | Mar. 18, 2024

Can your manufacturing company benefit from the Work Opportunity Tax Credit?

The quest for skilled laborers in the manufacturing sector continues. Indeed, more than 600,000 manufacturing-related jobs remained open in December…

Emiley Sandvik | Mar. 15, 2024

How to Minimize Billing Bottlenecks

Managing accounts receivable can be challenging, especially in an uncertain economy. To keep your company financially fit, it’s a good…

Becky Gibbs | Feb. 27, 2024

Why It’s Important to Get Your Company’s Financials Done on Time

Have you completed your company’s year-end financial statements yet? Most calendar-year entities issue their year-end financials by March of the…

Randy Feld | Feb. 13, 2024

How Manufacturers Can Factor Depreciation Tax Breaks Into Their 2024 Asset Purchase Planning

When manufacturers purchase equipment and other tangible property, various tax breaks are available, including Section 179 expensing and first-year bonus…

John Csargo | Feb. 12, 2024

9 Tax Considerations if You’re Starting a Business as a Sole Proprietor

When launching a small business, many entrepreneurs start out as sole proprietors. If you’re launching a venture as a sole…