Author: John Kirsch

Recently House Democrats released a draft proposal of federal tax changes. Included in the proposal are numerous tax increases. These are proposals only at this point but provide some insight into changes that may eventually Read More

With a 30-year history, Kirsch CPA Group is no stranger to growth. Our recent promotions of 11 team members is part of our ongoing commitment to providing our clients with the highest quality accounting and Read More

Business owners almost always have a clear idea of what success will look like but converting a vision into reality and achieving a set of goals is a lot harder than establishing them. When goals Read More

Late on June 3, 2020, the US Senate unanimously passed legislation that provides significant relief for PPP loan borrowers. This Senate action mirrors legislation passed earlier in the week by the US House of Representatives Read More

The Paycheck Protection Program (PPP) has gathered more attention in a short period than any business topic in recent memory – and for good reason. It provides businesses with a much-needed lifeline to get beyond Read More

Executive Summary - Strategic Management of Loan Proceeds for PPP Loan Forgiveness Understand that loan forgiveness is not automatic and will require planning and management. Planning must begin immediately upon receipt of loan proceeds. Understand Read More

On Friday, March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law.  The Act includes numerous provisions that provide tax relief as a result of the Coronavirus epidemic. The Read More

On March 27, 2020, the Coronavirus Aid Relief and Economic Security (CARES) Act was enacted to provide financial relief and to provide stimulus to the economy as a result of the Coronavirus pandemic. The provisions Read More

The Small Business Administration (SBA) has an Economic Injury Disaster Loan program available as a result of official disaster declarations resulting from the Coronavirus spread.   The application process has now opened for these loans. Read More

3/20/2020 - UPDATE - Filing Deadline Moved to 7/15/2020 The IRS just announced that the tax FILING deadline is being moved to 7/15/2020 along with the previously announced tax payment deadline. 3/19/2020 - Tax Filing Read More