Author: Kirsch CPA Group

As the end of the year nears, manufacturers are looking to get the most tax bang for their buck. One proven method is to maximize tax breaks relating to depreciation. In some cases, your company Read More

In today's uncertain marketplace, businesses are being forced to re-evaluate their working capital needs. Some managers have learned the hard way during the pandemic that operating "lean" has its limits.   What Is Working Capital? Read More

It's time for year-end tax planning. Every fall, small business owners should review their tax situations to determine steps they should consider to reduce their federal income taxes for the current year — and beyond. Read More

The IRS is warning employers to beware of third parties who are advising them to claim the Employee Retention Credit (ERC) when they may not qualify. Some third parties are taking improper positions related to Read More

The Social Security Administration (SSA) recently announced that the "wage base" for computing Social Security tax will increase for 2023 to $160,200. This is up from $147,000 for 2022. Federal law limits the amount of Read More

When an entire specialty has been built around a single business metric, it suggests a great need in the marketplace. But a need for what, exactly? “Business valuation” sounds like a straightforward concept, but in Read More

Reviewed financial statements can increase the value of your business and serve you in a multitude of ways Business owners typically field requests for reviewed financial statements for a specific purpose. Whether the requests come Read More

  Is your manufacturing company on the cutting edge? It's important to keep pace with the competition, especially if you're trying to carve out a niche in a new marketplace. Fortunately, federal tax law allows Read More

Construction business owners know that cash is king. However, managing cash flow in an industry known for its ebbs and flows isn't easy. And when you throw in the steady rise of inflation and ongoing Read More

Most people already understand the tax rules for individual charitable donations, including generous deductions that may be available to itemizers when they give cash or property to charity. But your business may also reap tax Read More