Accounting & Business Advisory Blog

There's more to financial reporting than profits. The statement of cash flows can be a powerful management tool. During an economic downturn, it's especially important for managers to monitor cash flows to detect — and…

Is the amount of inventory on your company's balance sheet accurate? Depending on the nature of a company's operations, its balance sheet may include inventory, consisting of raw materials, work-in-progress and/or finished goods. Inventory items…

For many owners of small and mid-size businesses, taking care of your employees is the highest priority. Paying your team accurately, timely and without hassle is your expectation. For something that seems relatively straightforward, payroll…

An IRA rollover is usually a tax-smart move, because it allows you to continue to defer taxes on the amount you roll over. But Congress has laid traps for the unwary. Here's how to avoid…

The Employee Retention Credit (“ERC”) was originally enacted as part of the first wave of pandemic relief in March of 2020. Since then, it has been modified and expanded to make many small businesses eligible.…

For nearly 30 years, INSIDE Public Accounting (IPA)  has been unveiling its list of the Best of the Best Public Accounting Firms in the nation.  Kirsch CPA Group has been recognized as one of the…

Download our case study to learn how Kirsch CPA Group supported a Cincinnati entrepreneur from a business acquisition through a successful sale – and everything in-between. The owner and CEO of Cincinnati-based design consultancy Kaleidoscope…

The Creating Helpful Incentives to Produce Semiconductors for America Act (CHIPS Act) recently became law as part of the CHIPS and Science Act of 2022. Among other things, the new law provides more than $52…

Many contractors prioritize business financial management over personal wealth management. It's an easy trap to fall into given how competitive the construction industry can be. Let's discuss some ways to manage your wealth while you…

Business borrowers aren't just facing higher interest rates today. The terms of new loans have also become more restrictive. Nearly a quarter of senior loan officers reported tighter standards for commercial and industrial loans in…