Overcoming Stagnant Growth: Strategies to Break Free From a Business Plateau

Plateaus are a normal event in the life cycle of any business, but that doesn’t make them any less frustrating. What was once an effective driver of revenue and growth can suddenly stop working leading…

  • Nick Roell
  • Nov 28, 2023

5 Ideas to Help Small Business Owners Reduce Taxes for 2023

As year end approaches, small business owners should review their tax situations to determine ways to lower federal income taxes for the current tax year — and beyond. Fortunately, no significant unfavorable federal tax law…

  • Kirsch CPA Group
  • Nov 21, 2023

Ensuring Profitability as Your Veterinary Practice Grows

In a thriving pet care industry valued at nearly $36 billion, increasing profitability while growing your veterinary practice can be a challenging endeavor. The path to growth is not just about increasing revenue but understanding…

  • Kirsch CPA Group
  • Nov 08, 2023

Year-End Tax Planning For Manufacturers

Implementing year-end tax planning strategies now can help reduce your manufacturing company's 2023 tax bill. Indeed, a lower tax bill can improve your cash flow and your bottom line. One of the most tried-and-true strategies…

  • Kirsch CPA Group
  • Nov 07, 2023

Planning a Graceful (and Profitable) Exit from Your Business

At some point, every business owner leaves the company, either voluntarily through retirement or otherwise. Some businesses will outlive their founders. Others can't survive without the continued involvement of a key owner-employee. And a few…

  • Kirsch CPA Group
  • Nov 06, 2023

Could Your Organization Benefit from an Interim CFO?

There's currently a talent crisis in the accounting industry. The U.S. Bureau of Labor Statistics estimates that roughly 17% of U.S. accountants and auditors have left their jobs over the past two years, leaving some…

  • Kirsch CPA Group
  • Nov 03, 2023

FAQs about SE Tax

Entrepreneurs and others who work for themselves are often on the hook for significant federal self-employment (SE) tax, in addition to federal and state income taxes. Here are the answers to some common questions about…

  • Kirsch CPA Group
  • Oct 25, 2023

Coming Soon: Changes to the 401(k) Plan Participation Rules

Years ago, employers could exclude part-time employees — those who work less than 1,000 hours per year in the business — from participating in 401(k) plans. That was before the Setting Every Community Up for…

  • Kirsch CPA Group
  • Oct 23, 2023

Six Cash Flow Best Practices for Cyclical Businesses

While cash flow best practices apply across all types of businesses, there’s added difficulty for businesses that experience dramatic fluctuations in sales and cash flow due to the seasonal or cyclical nature of their products…

  • Kirsch CPA Group
  • Oct 19, 2023

Leveraging AI to Add Value to Your Business

Artificial intelligence (AI) has been around for years. In November 2022, however, the technology became more broadly used by the general public with the advent of Chat Generative Pre-Trained Transformer (ChatGPT). This conversation bot uses…

  • Kirsch CPA Group
  • Oct 12, 2023

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