Author: Kirsch CPA Group

Most people aren't currently exposed to the federal estate tax, thanks to the generous unified federal estate and gift tax exemptions. However, there are still good reasons to review your estate plan and possibly update Read More

Earlier this year, employers were polled by Mercer, a global benefits consulting service, to give their preliminary thinking about flexible work arrangements in a post-pandemic environment. Their answers suggest that, in some cases, companies with Read More

On November 18, the IRS published long-awaited guidance regarding PPP forgiveness and the deductibility of expenses paid with PPP loan proceeds. For most taxpayers, this means that expenses paid with PPP funds will be nondeductible Read More

Historically, companies have downsized for many reasons, including mergers and acquisitions, changes in management philosophy and strategy, and increased use of outsourcing. Economic downturns have also spurred layoffs, such as the one triggered by the Read More

From an employer perspective, using independent contractors provides greater flexibility in managing variable demands for particular services. And, frequently, those services can be obtained more economically because independent contractors don't receive employee benefits, nor are Read More

How can an employer keep its workforce safe from COVID-19 exposure on the job, while still following medical privacy rules? The Equal Employment Opportunity Commission (EEOC) may be able to help, as it reviews how Read More

The FBI has warned of a staggering increase in ransomware attacks against businesses since the start of the COVID-19 pandemic. Here's what business owners and managers should know about these attacks to help prevent them Read More

Here's a question from an employer about deadlines. Q. Due to the COVID-19 emergency, we understand that participants in our self-insured ERISA group health plan must be given more time for certain actions (such as Read More

The Families First Coronavirus Relief Act (FFCRA) made substantial tax subsidies available to eligible employers, so they can provide paid sick leave and Family and Medical Leave Act (FMLA) leave for certain employees impacted by Read More

They say little things mean a lot. And relatively small expenses can add up to a huge amount of money your company could be wasting.   By cutting costs, you can enhance your bottom line Read More