Author: Kirsch CPA Group

Consumer prices jumped 7% in 2021, according to the U.S. Department of Labor. Unfortunately, health benefit costs incurred by small employers increased at an even higher rate — 9.6% — according to the health benefits Read More

The holidays often inspire a spirit of generosity. So, at year end, many people decide to give money or assets to their loved ones. Over time, lifetime gifts can also be an effective way for Read More

Sometimes, Uncle Sam seems to give with one hand and take with the other. Take the employee retention credit (ERC), for example. Congress created this tax break in 2020 to help businesses continue to pay Read More

Fairness opinions can help achieve shareholder and lender buy-in for your M&A plans. They can also preempt lawsuits, because managers and directors who obtain fairness opinions demonstrate that they acted in good faith, without fraud Read More

Have you compiled a list of New Year's resolutions for your business in 2022? Resolutions don't have to be limited to your personal life. Consider how you can improve in the upcoming year in your Read More

Confidentiality in payroll matters is routine, expected and often legally mandated. But that doesn't mean confidentiality problems can't occasionally rise up. Your business needs to be aware of the rules governing payroll information and to Read More

The credit for increasing research activities, commonly referred to as the research and development (R&D) credit, is one of the biggest and best tax breaks available to manufacturing companies. Unlike a deduction, a credit is Read More

From the Great Recession of more than a decade ago to the ongoing COVID-19 pandemic, construction companies have endured some tough lessons over the years. To help you avoid learning some things the hard way, Read More

The holidays often inspire a spirit of generosity. So, at year end, many people decide to give money or assets to their loved ones. Over time, lifetime gifts can also be an effective way for Read More

The federal income tax rules for depreciating vehicles used for business are complicated. And different rules apply to different categories of vehicles. Special limitations apply to vehicles that are classified as passenger autos, including many Read More