Blog

Greg Carlson | Mar. 21, 2025
Boyum Barenscheer 2025 Tax Guide
Discover the 2024-2025 Tax Guide with expert advice, key updates, and helpful tools to ensure a smooth and informed tax…
Randy Feld | Mar. 19, 2025
Impact of Due Diligence in Business Purchase
When buying a business, the purpose of due diligence is to make sure you fully understand the company before making…
Randy Feld | Mar. 19, 2025
Due Diligence – Quality of Earnings or Audit?
Audit (and review) reports (collectively, “attestation engagements or reports”) serve a purpose different than QoE/due diligence. Items that are correct…
Ashley Sparks | Mar. 12, 2025
Nonprofit Board Members: Watch for Financial Warning Signs
In addition to widespread federal funding cuts, many not-for-profit leaders are concerned about a possible economic downturn. If you’re a…
Boyum Barenscheer | Mar. 10, 2025
Beneficial Ownership Information | March Update
The Treasury Department is announcing today that, with respect to the Corporate Transparency Act, not only will it not enforce…
Becky Gibbs | Mar. 10, 2025
FAQs About Reporting Subsequent Events
Subsequent events are in the spotlight these days. The audit guidance hasn’t kept pace with changes in financial reporting frameworks,…
Ashley Sparks | Mar. 10, 2025
Make Smarter, Data-Driven Decisions After Determining Your Products’ Profitability
For manufacturers, knowing which products are profitable is essential for strategic decision-making and long-term success. While total revenue can provide…
Melissa King | Mar. 5, 2025
Florida Property Tax Relief Available for Catastrophic Event Property Damage
If you are a Florida homeowner that has experienced extensive damage to your home due to a catastrophic event, you…
Boyum Barenscheer | Feb. 21, 2025
Beneficial Ownership Information (BOI) Reporting Back in Effect: New Compliance Deadlines Announced
FinCEN has confirmed that mandatory beneficial ownership reporting (BOI) requirements are back in effect, with a new deadline of March…
Becky Gibbs | Feb. 18, 2025
How to Forecast Smarter
Financial forecasting provides a roadmap to guide your organization on the path to success. Forecasts support strategic planning by helping…
Charlie Metzig | Feb. 17, 2025
Celebrating 50 Years of Boyum Barenscheer
This year marks a momentous milestone for Boyum Barenscheer—our 50th anniversary! For half a century, we have been honored to…
Ashley Sparks | Feb. 5, 2025
Preparing for a Financial Crisis? Build Up Operating Reserves
You never know when your not-for-profit might experience a financial blow. With the current efforts in Washington to slash expenses,…

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Get in touch with Boyum & Barenscheer

We are a full-service Twin Cities CPA and advisory firm providing proactive tax, audit, and outsourced accounting services to help individuals, nonprofits and businesses achieve long-term success.

Contact Us
Info@myboyum.com

Home Office:
3050 Metro Drive, Suite 200
Bloomington, MN 55425

952-854-4244