Blog

Jackie Kennedy | Jan. 9, 2020
4 New Law Changes That May Affect Your Retirement Plan
If you save for retirement with an IRA or other plan, you’ll be interested to know that Congress recently passed…
Tom Margarit | Dec. 27, 2019
5 Ways To Strengthen Your Business For The New Year
The end of one year and the beginning of the next is a great opportunity for reflection and planning. You…
Becky Gibbs | Dec. 11, 2019
How Many Directors Does Your Nonprofit’s Board Need?
State law typically specifies the minimum number of directors a not-for-profit must have on its board. But so long as…
bridging the gap
Ashley Sparks | Nov. 20, 2019
Bridging The Gap Between Budgeting And Risk Management
At many companies, a wide gap exists between the budgeting process and risk management. Failing to consider major threats could…
people in meeting
Becky Gibbs | Nov. 14, 2019
Accounting for Contributions and Grants is Now Easier
Accounting for contributions and grants has often proven complicated for not-for-profits, especially when they come with donor-imposed conditions. But 2018…
multicloud computing
Charlie Metzig | Nov. 6, 2019
Is Multicloud Computing Right For Your Business?
Cloud computing — storing data and accessing apps via the Internet — has been widely adopted by businesses across industry…
Anna Lovegren | Oct. 28, 2019
Engage Supporters With Your Nonprofit’s Annual Report
Some of your not-for-profit’s communications are of interest only to a select group of your supporters. But your organization’s annual…
puzzle pieces going together
John Csargo | Sep. 17, 2019
The Succession and Retirement Planning Puzzle
Succession and retirement planning is an interesting puzzle.  Everyone needs to plan for retirement. But as a business owner, you…
two women looking at financial
Becky Gibbs | Sep. 13, 2019
Nonprofit Borrowing – Finding a Lender May be Tough
Borrowing isn’t just for businesses. Many not-for-profits borrow money for major capital purchases, new program funding and even to manage…
blue box wrapped with ribbon
Becky Gibbs | Sep. 6, 2019
Adopting a Nonprofit Gift Acceptance Policy
When you receive a personal gift from a friend or family member — even if it’s not something you particularly…
woman walking on path with two options
Larry Davidson | Aug. 29, 2019
Real Estate Entities – GAAP or Income Tax Basis?
In reporting financial results for real estate companies, Generally Accepted Accounting Principles (GAAP) and the income tax basis of accounting…
Solar Energy Tax Credit
Elizabeth Wilcox | Aug. 27, 2019
Shedding Some Light on Business Credits for Solar Energy Property
We all know that solar energy can save you money on future energy costs. But did you also know that…

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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.

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Info@myboyum.com

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3050 Metro Drive, Suite 200
Bloomington, MN 55425

952-854-4244