Blog

Amy Swenson | Oct. 21, 2024
Support and Guidance for Clients Affected by Recent Natural Disasters
At Boyum Barenscheer, we want to extend our deepest empathy to you during this challenging time. Whether you’ve been affected…
Anna Lovegren | Oct. 10, 2024
Board Independence is About More Than Avoiding Conflicts of Interest
Are your not-for-profit’s board members independent? Your immediate response is probably, “of course!” But contrary to what many nonprofit leaders…
Ashley Klemann | Oct. 7, 2024
Charitable Giving: Stock Donations, Donor Advised Funds and Qualified Charitable Distributions
As the end of the year approaches, many people decide to make donations to local charities. If this is something…
Randy Feld | Oct. 3, 2024
Alternate Construction Delivery Methods: CMc in the Spotlight
Like many construction businesses, yours may have operated for years following the traditional design-bid-build delivery method. An architect designs a…
Randy Feld | Sep. 30, 2024
Reminder: Profits and Cash Flow Aren’t the Same
Profitable businesses often experience cash flow shortages, particularly if they’re experiencing rapid growth. Business owners may wonder why they owe…
Sam Johnson | Sep. 23, 2024
Inheriting an IRA Account
Inheriting assets can evoke a range of emotions; from the sorrow of losing a loved one to the joy of…
Jack McHatton | Sep. 16, 2024
When Your Nonprofit’s Debt-Financed Income is Subject to Tax
If your nonprofit has investment income, dividends, interest, rents and annuities, they’re generally excluded when calculating unrelated business income tax…
Chris Wittich | Sep. 12, 2024
New Requirement to Electronically Create and File Minnesota CRP Forms
Landlords and property managers of residential rental real estate in Minnesota are subject to a new Minnesota Department of Revenue…
Chris Wittich | Sep. 11, 2024
IRS Claims Processing Update
John Csargo | Sep. 9, 2024
It’s Time for Your Small Business to Think About Year-End Tax Planning
With Labor Day in the rearview mirror, it’s time to take proactive steps that may help lower your small business’s…
Ashley Klemann | Sep. 9, 2024
Precautions to Protect your Personal Data
Company data breaches have become more frequent every year. In 2024, hackers have compromised customer data everywhere from AT&T and…
Jasmin McKenzie | Sep. 4, 2024
Welcome Charitable Pledges — and Account for Them Properly
The difference between financial pledges and donations is relatively simple: Pledges are promises to donate sometime in the future, and…

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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.

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Info@myboyum.com

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

952-854-4244