Blog

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…
Anna Lovegren | Dec. 19, 2025
Does Your Board Understand the Meaning of “Fiduciary”?
“Fiduciary” is a term that gets thrown around a lot these days. But what does it really mean and to…
Becky Gibbs | Dec. 9, 2025
The Hidden Cost of Outdated Internal Controls: Why Your Business Can’t Afford Weak Financial Safeguards
What if the biggest threat to your business isn't a competitor or market downturn, but something hiding in plain sight…
Becky Gibbs | Dec. 4, 2025
Construction Market Snapshot: Growth Drivers, Pressures, and Emerging Risks
The construction sector is facing a mixed economic outlook as we head toward 2026. While nonresidential investment remains strong, housing…
Anna Lovegren | Dec. 1, 2025
Nonprofits: Tax Rules for Holiday Gifts and Celebrations
There’s nothing wrong with giving staffers and volunteers holiday gifts or throwing a party for them. ’Tis the season! Just…
Ellen Alphonso | Nov. 25, 2025
Democratizing Access to Alternative Assets: What Plan Sponsors Need to Know
On August 7, 2025, President Trump signed an Executive Order titled “Democratizing Access to Alternative Assets for 401(k) Investors.” This…
Boyum Barenscheer | Nov. 24, 2025
Marketplace Health Insurance: Understanding ACA Premium Tax Credits Before They Expire
Are you considering health insurance through the Marketplace? The Affordable Care Act (ACA) offers premium tax credits that can make…
Marie Prewett | Nov. 19, 2025
Minnesota Paid Leave: What Employers Need to Know (Part 2)
The clock is ticking for employers as we work to check off the final action items on our Minnesota Paid…
Melissa King | Nov. 10, 2025
Tax Considerations for a Potential Sale, Merger, or Succession Plan
Navigating the sale of your business, a merger, or succession planning requires proactive and well-considered tax strategies. By addressing tax…
Boyum Barenscheer | Nov. 5, 2025
Top 10 Year-End Tax Planning Checklist for Business Owners
As the year draws to a close, now is the time to make proactive tax decisions that can reduce your…
Becky Gibbs | Nov. 5, 2025
How Auditors Help Businesses Grow Smarter
When you hear the word *audit*, you probably think of compliance—checking the right boxes for lenders, investors, or regulators. But…
Greg Carlson | Nov. 4, 2025
Minnesota Estate Tax Planning: Understanding Residency, Domicile Rules, and the $3 Million Exemption
The One Big Beautiful Bill increased the federal estate tax exemption to $15 million per person, or $30 million for…

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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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3050 Metro Drive, Suite 200
Bloomington, MN 55425

952-854-4244