Author: Kirsch CPA Group

Summer is a great time for business owners to review their estate plans. Maybe your kids are home for summer break, so they're top of mind. Or perhaps you're vacationing with relatives or getting together Read More

At Kirsch CPA, the foundation of our success is a dedicated and passionate team.  We are happy to announce that Kirsch CPA is a finalist for Greater Cincinnati’s Best Places to Work award. This is Read More

Working capital management is a top priority for businesses today. Consulting firm The Hackett Group's 2023 Working Capital Survey reports that many companies are carrying high amounts of working capital on their balance sheets — Read More

Some business owners may be considering donating corporate stock to charities in 2024. Donations of public stocks are generally easy to value because their prices are listed on public stock exchanges. But valuations of private Read More

When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can't be immediately deducted for tax purposes. Fortunately, there may be another approach that will allow you to Read More

The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and generally took effect at the start of 2018. It brought sweeping changes to various aspects of tax law for both individuals Read More

The popularity of donor-advised funds (DAFs) is surging. According to the 2023 DAF Report issued by the National Philanthropic Trust (NPT), donors poured over $52.16 billion into DAFs in 2023, a 9% increase over 2022. Read More

Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators and victims of occupational fraud. "Occupational Fraud 2024: A Report to the Nations" was recently released. It Read More

At the start of 2024, three dozen states and New York City already had pass-through entity taxes (PTETs) on their books, with legislation pending in three other states. These types of workarounds for the current Read More

In an uncertain economy, it's important to use all possible methods available to analyze and evaluate your company's financial health. Here are two metrics owners and managers might find helpful: breakeven and burn rate.   Read More