IRS to Discontinue Paper Checks

Jun 11, 2025 Sue Schloemer

Earlier this year, President Trump signed an Executive Order directing federal agencies to adopt electronic payment methods for all transactions with the Depart...

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Avoiding Tax Trouble with Owner Compensation in Manufacturing

Jun 09, 2025 Kirsch CPA Group

Smaller manufacturing companies often operate as S corporations. In many cases, one of the shareholders (or perhaps the only shareholder) also runs the business...

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Activity-Based Costing May Benefit Some Contractors

Jun 05, 2025 Kirsch CPA Group

In an uncertain economy, accurate and actionable job cost accounting is more important than ever. If you haven’t already, consider using activity-based co...

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Business Owners: Is It Time to Transition Ownership to the Next Generation?

Jun 04, 2025 Kirsch CPA Group

One of the upsides to owning a small business is the chance to provide a financial legacy for your family members to participate in after you exit the business....

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When Corporate Sponsorships Raise UBIT Issues

Jun 02, 2025 Kirsch CPA Group

Under the Internal Revenue Code, “qualified sponsorship payments” to not-for-profits aren’t subject to unrelated business income tax (UBIT). Q...

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Preserving Profits Amid Uncertain Trade Policy

May 28, 2025 Kirsch CPA Group

President Trump unveiled a reciprocal tariff plan for his second term, signaling a major shift in American trade policy. Days later, Trump implemented a 90-day ...

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Business Valuations Must Look to the Future, Not the Past

May 22, 2025 Kirsch CPA Group

Historical financial performance is just one piece of the business valuation puzzle. While it provides a starting point, its relevance depends on whether the bu...

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Safely Expanding Your Business Operations

May 20, 2025 Kirsch CPA Group

The peaks and valleys of the economy — whether global, national or local — can make it difficult for business owners to decide when to really push for growt...

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4 Tax-Savvy Wealth-Transfer Strategies for Contractors

May 14, 2025 Kirsch CPA Group

Most long-time construction business owners reach a point when they start thinking about not only their own retirements, but also their families’ financia...

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Five Strategies to Improve Cash Flow Management

May 14, 2025 Kirsch CPA Group

For most businesses, few topics are as critical as managing cash flow, but with numerous pressing matters demanding attention, it is common for busy entrepreneu...

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