Author: Kirsch CPA Group

Successful companies don’t guess their way to profitability — they track it. Key performance indicators (KPIs) offer logistics and transportation businesses the visibility they need to stay agile in a high-cost, low-margin industry. If your Read More

Unfortunately, terrorist attacks are a real and present risk for businesses of all types. And tremors are being felt throughout the domestic manufacturing sector. This article examines some of the main repercussions for manufacturers on Read More

Real estate values have surged in many areas. You might be considering selling an appreciated investment or business property that you think has topped out. But an outright sale would result in a current income Read More

Just like the saying goes, "You gotta be in it to win it," many construction firm owners submit numerous bids for local jobs just to be "in it". But to thrive and survive, you need Read More

Smaller manufacturing companies often operate as S corporations. In many cases, one of the shareholders (or perhaps the only shareholder) also runs the business. It's vital that S corporation owners who work in the business Read More

In an uncertain economy, accurate and actionable job cost accounting is more important than ever. If you haven't already, consider using activity-based costing (ABC) to obtain more precise and useful information. Done right, ABC helps Read More

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. However, there are federal tax implications Read More

Under the Internal Revenue Code, "qualified sponsorship payments" to not-for-profits aren't subject to unrelated business income tax (UBIT). Qualified payments refer to money, property transfers or the performance of services by a business without an Read More

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 pause on some tariff increases to give certain countries time Read More

Historical financial performance is just one piece of the business valuation puzzle. While it provides a starting point, its relevance depends on whether the business is expected to achieve similar results in the future. High Read More