Blog

James Woelfel | Feb. 11, 2026
Minnesota Manufacturing Index | January 2026
This edition of the Minnesota Manufacturing Index builds on the framework introduced in our initial report, providing the most recent…
Sara Ostrander | Feb. 9, 2026
Using Financials as a Management Tool: A Guide for Business Owners
Many business owners treat financial statements as a formality, something created for lenders or year end requirements, then set aside.…
Pat Sievert | Jan. 23, 2026
When is a Good Time to Sell Your Business to an ESOP?
If you are considering stepping back or stepping away from your company, it can be difficult to choose the right…
James Woelfel | Jan. 16, 2026
Introduction to the Minnesota Manufacturing Index
Minnesota’s manufacturing sector continues to evolve amid shifting demand, trade dynamics, and workforce challenges, and this report introduces what key…
Becky Gibbs | Jan. 14, 2026
2026 Audit Readiness: What Your Business Needs to Do Now
Is your business prepared for audit season? Instead of thinking about what auditors need, focus on what matters most for…
Ellen Alphonso | Dec. 30, 2025
Top Risks Uncovered During Manufacturing Audits and How to Mitigate Them
Manufacturers obsess over efficiency, but audits often expose financial landmines that can crush profitability. Here are five risks—each backed by…
Jake Kriegler | Oct. 30, 2025
Understanding Employee Benefit Plan Audit Requirements: What Employers Need to Know
If your company offers a 401(k), profit-sharing, or other employee benefit plan, you may be required to have an annual…
Jake Kriegler | Sep. 17, 2025
Understanding Employer 401(k) Deposit Rules
Running a 401(k) plan is a great way to invest in your team’s future, but let’s be honest, the rules…
Chris Wittich | Sep. 2, 2025
R&D Tax Benefits 2025: How the One Big Beautiful Bill Act Transforms Innovation Tax Deductions for Business Owners
The research and development tax benefits landscape has undergone its most dramatic transformation in decades. With the One Big Beautiful…
Jared Schneidermann | Aug. 4, 2025
Bonus Depreciation for a New Factory
The newly introduced provisions under IRC 168(n) present an exciting opportunity for manufacturers considering the construction or acquisition of production…
Jared Schneidermann | Jul. 30, 2025
Major Tax Updates for Manufacturing & Distribution Under the OBBB
This webinar covers key tax changes from the One Big Beautiful Bill (OBBB). We highlight what matters most to manufacturers…
Ashley Sparks | May. 16, 2025
2 Financial Planning Tools That Can Help Manufacturers Weather Uncertainty
Manufacturers are facing uncertainty on a variety of fronts. Rapidly shifting tariff policies, supply chain disruptions, fluctuating demand and rising…

Get In Touch

This field is for validation purposes and should be left unchanged.
This field is hidden when viewing the form

This field is hidden when viewing the form

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