BGHN Associates, P.C.

09/02/2026

The BGHN office will be closed on Monday, September 7th, 8am-5pm for Labor Day.

Thank you!

09/01/2026

Could Bad Debts Lower Your 2026 Taxes?

When customers or others don't pay what they owe your business, you may be able to claim a bad debt deduction to help offset the financial loss. But it isn't automatic. Businesses must satisfy specific federal tax rules and maintain adequate records to support the deduction.

Head over to our website for more details!

Take a look at our Newsletter page. BGHN Associates, PC is a full service tax, accounting and business consulting firm located in Cedar Rapids, IA.

08/24/2026

Plan Now for Deferring Tax on Advance Payments!

With year-end fast approaching, now is a good time to review strategies that could affect your business's 2026 tax liability. One area that may deserve attention is the tax treatment of advance payments. Some accrual-basis businesses may be able to defer recognizing a portion of that income.

For more information, visit our website!

https://www.bghnassociates.com/newsletter.php #1

08/19/2026

The BGHN office will be closed Wednesday, 8/19/26, 8:00am to 5:00pm for Staff Training Day. Normal business hours will resume on Thursday, 8/20/26.

Thank you!

08/11/2026

BGHN Takes on the Golf Course!

Last Thursday, BGHN swapped the office for the golf course and enjoyed a day full of friendly competition, laughs, and maybe a few questionable shots!

We had a tee-riffic time, and loved getting out of the office to enjoy some fun together!

08/10/2026

Choosing the Right Business Funding Solution

Access to capital helps small businesses succeed and grow. Whether you need to cover cash flow gaps, fund expansion plans or invest in long-term assets, it's important to understand all your financing options. This will help you make informed decisions and select funding that aligns with your goals.

Visit our website to learn more about the 5 financing options to consider!

Take a look at our Newsletter page. BGHN Associates, PC is a full service tax, accounting and business consulting firm located in Cedar Rapids, IA.

08/03/2026

Upcoming Tax Due Date: August 17th

Employers:

-Deposit nonpayroll withheld income tax for July if the monthly deposit rule applies.

-Deposit Social Security, Medicare and withheld income tax for July if the monthly deposit rule applies.

Questions about this deadline? The BGHN team is here to help. Contact our office today!

07/27/2026

Upcoming Tax Due Date: July 31st

Employers: File a 2025 calendar-year retirement plan report (Form 5500 or Form 5500-EZ) or request an extension.

Employers: Report Social Security and Medicare taxes and income tax withholding for the second quarter of 2026 (Form 941) and pay and tax due if all of the associated taxes due weren't deposited on time and in full.

07/23/2026

The BGHN office will be closed today, July 23rd, for a firm outing.

Normal business hours will resume on Monday, July 27th.

Thank you!

07/20/2026

How Renting Out Your Vacation Home Affects Your Taxes!

When you're not using your vacation home, renting it out can generate extra income. But it can also affect your taxes, depending on how often you rent and use the property personally.

Visit our website to learn about the 14-Day Rule!

Take a look at our Newsletter page. BGHN Associates, PC is a full service tax, accounting and business consulting firm located in Cedar Rapids, IA.