Five Things Your Bookkeeper Wants You to Know

A good bookkeeper is a tremendous asset in a small or mid-sized business, ensuring an accurate and organized record of the critical financial details and processes that keep an enterprise going day-to-day. But as your…

  • Nick Roell
  • Jun 12, 2024

Can Your Manufacturing Company Benefit from a Cost Segregation Study?

When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can't be immediately deducted for tax purposes. Fortunately, there may be another approach that will allow you to…

  • Kirsch CPA Group
  • Jun 12, 2024

Construction Business Owners: Prepare Now for Possible Tax Law Changes

The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and generally took effect at the start of 2018. It brought sweeping changes to various aspects of tax law for both individuals…

  • Kirsch CPA Group
  • Jun 11, 2024

Insight Into Proposed Donor-Advised Fund Regulations

The popularity of donor-advised funds (DAFs) is surging. According to the 2023 DAF Report issued by the National Philanthropic Trust (NPT), donors poured over $52.16 billion into DAFs in 2023, a 9% increase over 2022.…

  • Kirsch CPA Group
  • Jun 10, 2024

ACFE Publishes New Fraud Study

Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators and victims of occupational fraud. "Occupational Fraud 2024: A Report to the Nations" was recently released. It…

  • Kirsch CPA Group
  • Jun 09, 2024

Empowering the Future: Reflecting on Kirsch’s Inaugural Leadership Program

Kirsch CPA Group recently hosted our inaugural Future Accountants Leadership Program and we are delighted with the outcome. Throughout the program, our goal was for local university accounting students to gain a firsthand experience of…

  • Diane Glover
  • Jun 07, 2024

Close-Up on Pass-Through Entity Tax Laws

At the start of 2024, three dozen states and New York City already had pass-through entity taxes (PTETs) on their books, with legislation pending in three other states. These types of workarounds for the current…

  • Kirsch CPA Group
  • May 29, 2024

Calculating Breakeven and Burn Rate

In an uncertain economy, it's important to use all possible methods available to analyze and evaluate your company's financial health. Here are two metrics owners and managers might find helpful: breakeven and burn rate.  …

  • Kirsch CPA Group
  • May 27, 2024

DOL Expands Overtime to Millions of Workers

In April 2024, the U.S. Department of Labor (DOL) issued a new final rule that's slated to expand the number of workers who are eligible for overtime pay under the federal Fair Labor Standards Act…

  • Kirsch CPA Group
  • May 22, 2024

What’s the Difference Between a Calculation of Value and a Conclusion of Value?

Most business valuation assignments call for a conclusion of value. However, there may be times when a calculation of value can be a quicker, more cost-effective solution.   Value Conclusions When providing conclusions of value,…

  • Kirsch CPA Group
  • May 14, 2024

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