Author: Kirsch CPA Group

Here's a question from an employer about paying the administrative expenses of a group health plan. Q. Due to declining health care spending during the COVID-19 pandemic, we anticipate receiving a medical loss ratio rebate Read More

Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs. Such activities can generate extra spending money. This can be especially helpful for retired people Read More

During the COVID-19 pandemic, some cash-strapped employers may fail to pay federal income and employment taxes that were withheld from employee paychecks to the U.S. Treasury. In the eyes of the IRS, this is a Read More

We are proud to announce the promotion of Ryan Smith and Alex Getz to Senior Analyst. "Both Ryan and Alex have provided our clients with exceptional value. We are excited to promote these two individuals Read More

Business valuation is a prophecy of the future. That is, investors typically value a business based on its ability to generate future cash flow. The COVID-19 crisis has caused operations to change for many businesses, Read More

Each year, the IRS compiles a list of 12 common tax scams that taxpayers may encounter during the year. This year, the "dirty dozen" list focuses on scams that target individual taxpayers, with special emphasis Read More

Despite the COVID-19 crisis, residential real estate prices generally remain stable or are even rising in many areas. Even so, pandemic-related financial stress may cause some homeowners to be unable to make their mortgage payments. Read More

In an effort to reduce the burden to businesses during the COVID-19 pandemic, the Ohio Bureau of Workers Compensation has taken action that will result in lower advance premium payments during 2020. However, this action Read More

Several months into the COVID-19 crisis, most not-for-profit organizations have formulated at least a temporary plan for sustaining operations. But short-term solutions should be complemented by long-term strategic planning that reprioritizes objectives. Specifically, your nonprofit Read More

Purchases of a new and used business vehicle may qualify for tax breaks under current tax law. If you need a new vehicle to use for business purposes, review these details before you go shopping. Read More