Author: Kirsch CPA Group

Construction companies have always faced challenges when it comes to cash flow. The difficulty largely springs from the often-lengthy gaps between winning projects, doing the work and receiving payments. As a result, it's critical for Read More

Payroll fraud is a threat to any business that pays employees or contractors. Unfortunately, this type of financial crime can go undetected for months — even years — and inflict significant losses.   Findings from Read More

Have you seen the forecast? No, not the weather forecast — but your not-for-profit's financial forecast. Financial forecasting is critical to any organization's good health, but it can be more difficult for nonprofits than for Read More

Meteorologists warn that the 2024 hurricane season could break records, possibly surpassing 2020, the worst hurricane season on record. Even if hurricanes aren't a threat where your business operates, other natural disasters — such as Read More

Does your company use an external accountant to prepare its financial statements? There are several services CPAs offer that provide different levels of assurance. This term refers to how much confidence lenders and other stakeholders Read More

July marks the halfway point of the year and is generally an ideal time for manufacturers to assess their tax situation and plan appropriate strategies for reducing their 2024 tax liability. Bearing in mind that Read More

For many businesses, such as retailers, manufacturers and contractors, strict inventory control is central to operations. If you don't track inventory accurately, you can't effectively produce goods, meet customer demand and realize profits. Let's say Read More

Summer is a good time to take stock of how your small business is doing this year and consider options for reducing your 2024 federal income tax bill. Thankfully, it appears there won't be any Read More

Creating a comprehensive and actionable succession plan is rarely easy for business owners. It's certainly a challenge for most contractors, who may find it difficult to step away from the day-to-day hustle and bustle of Read More

Business plans aren't only for young companies seeking initial financing. They can also help established companies make strategic decisions and communicate with lenders and investors when they seek new capital infusions. Here's an overview of Read More