Blog

Jigsaw puzzle signifying tax breaks for expats
Chris Wittich | Jan. 17, 2018
Tax Breaks for Expats
If you are a US expat, the requirement to file a US tax return can be painful but the tax…
Report of Foreign Bank Accounts or FBAR
Chris Wittich | Jan. 17, 2018
What are the FBAR requirements?
What is the FBAR (also known as FinCen Form 114), and why is it so important? An FBAR is a…
Gold Expat emblem
Chris Wittich | Jan. 17, 2018
What is a US Expat?
What is a US expat? An expat is a US citizen who is living in a foreign country. For some…
House on tax documents indicating the new tax bill impacts mortgages
Chris Wittich | Jan. 16, 2018
New Tax Bill: Mortgage Interest
For every single individual taxpayer who has a mortgage on their principal residence, your mortgage rate just went up with…
commercial vehicles lined up as an example of business vehicle depreciation
Chris Wittich | Jan. 16, 2018
New Tax Bill: Business Vehicle Deductions
For business owners with vehicles in their business the new tax bill has a few wrinkles that will affect how…
Chris Wittich | Jan. 15, 2018
Documentation Quote
Two sets of books
Randy Feld | Jan. 15, 2018
Two Sets of Books?!
You don’t have to be Tom Petters or Al Capone to have two sets of books.  In fact, I believe…
Woman with questioning expression and question marks
Jake Kriegler | Jan. 14, 2018
Do You Need a Retirement Plan Audit?
As your company continues to grow, the number of participants in your retirement plan will likely grow as well. This…
Man on top of stairs looking into lightbulb shaped opening
Matt Bistodeau | Jan. 11, 2018
Benefit Plans: Your Responsibility – As Important as Your Employer’s
Are you investing in a benefit plan through your employer?  If you are, do you regularly check the deduction from…
Cash flow statement business diagram management chart illustration
Tracy Stevens | Jan. 2, 2018
Cash Flow Statements – General Basics
Cash is King! This is what I hear from many clients. It is very true since it is the deciding…
Hand holding a clock signifying time for strategic planning for business owners
Tom Margarit | Jan. 2, 2018
Find time for strategic planning
As a business owner, you know that it’s easy to spend nearly every working hour on the multitude of day-to-day…
wooden blocks forming house with piles of coins
Chris Wittich | Jan. 1, 2018
Working as a Real Estate Professional
Rental property is a complicated subset of passive activities and making a real estate professional election can make a huge…
word audit described as noun
Becky Gibbs | Jan. 1, 2018
What is an Audit?
Many companies or organizations that borrow from a bank, are looking to raise capital, looking to potentially sell the entity,…
officer life insurance policy
Chris Wittich | Jan. 1, 2018
Officer Life Insurance
Many companies have life insurance on key employees and officers.  Kind of grim subject, but obviously if the key officers…
businessman getting money from pocket
Randy Feld | Jan. 1, 2018
Small Business – Fraud Environment & Risks
Increased financial pressures during the current economic downturn have led to an increase in fraudulent business behavior.  It seems like…

Get In Touch

This field is hidden when viewing the form

This field is hidden when viewing the form

Get in touch with Boyum & Barenscheer

We’re here to make a difference to our clients by offering exceptional tax, audit, business advisory and outsourced services.

Contact Us
Info@myboyum.com

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

952-854-4244