The Qualified Opportunity Zone (QOZ) program, created by the Tax Cuts and Jobs Act, was slated to expire after 2026. The One Big Beautiful Bill Act (OBBBA), how...
How Financial Statements Unlock Business Value
Nov 07, 2025As calendar-year entities start work on their year-end financials, it’s important to remember that financial reporting is about more than compliance. Fina...
New Overtime and Tip Deductions Under the OBBBA — What Employers Need to Know
Nov 05, 2025The One Big Beautiful Bill Act (OBBBA), effective for tax years 2025 through 2028, introduces two new above-the-line deductions for individuals: Qualified Tips ...
Optimizing R&D Deductions under the OBBBA
Oct 30, 2025Among the hundreds of provisions in the One Big Beautiful Bill Act (OBBBA) are changes related to research and development (R&D) expenses. These changes ena...
Case Study: Plumbing Business Owner Finds a Clear Path to a Profitable Retirement
Oct 27, 2025When a successful plumbing, electrical, and HVAC company suddenly lost its accounting provider, the owner turned to Kirsch CPA Group for help filing tax return...
A New Savings Option Will Soon Be Available for Families
Oct 27, 2025Starting in 2026, Trump Accounts will provide another tax-favored way to save for a child’s future. Introduced under the One Big Beautiful Bill Act (OBBBA...
New 1099 Rules May Bring Relief to Some Businesses
Oct 24, 2025The One Big Beautiful Bill Act (OBBBA) has garnered headlines for extending dozens of tax provisions and creating new tax-saving opportunities for individuals a...
Why You May Want to Rethink Your Deduction Strategy in 2025
Oct 21, 2025As we approach the end of 2025, it’s time to evaluate your year-end tax planning strategies. One important decision is whether you’ll claim the stan...
7 Cash Flow Tips for Manufacturers
Oct 17, 2025When times are good, manufacturers tend to focus on sales, profitability and growth. Strong growth can conceal cash flow issues. Cash flow is the lifeblood of a...
Employers: Avoid Tax Surprises When Making Holiday Gifts to Employees
Oct 14, 2025As the year draws to a close, many businesses look for ways to recognize and thank their employees. From gift cards to holiday treats to service awards, the opt...