A recent federal court decision may create refund opportunities for taxpayers who paid certain IRS penalties or interest connected with the COVID-19 period. In ...
Beyond Compliance: Use Your Financial Statements to Improve Performance
May 18, 2026Under U.S. Generally Accepted Accounting Principles, comprehensive financial statements include three reports: the balance sheet, income statement and statement...
What You Need to Know About Business Insurance
May 15, 2026Given the many potential threats to your business’s assets, cash flow and human resources, which types of insurance products and how much coverage do you need...
Increase In SALT Deduction Impacts Many Manufacturers’ Tax Planning
May 13, 2026Privately held manufacturers may benefit from the temporary increase to the limit on the federal income tax deduction for state and local taxes (SALT). HereR...
Tempting Targets: Contractors and Cybersecurity
May 12, 2026You might think your business is too “small potatoes” for cybercriminals to bother with, but that could prove costly. Construction businesses of all...
Related Business Entities Must Understand Transfer Pricing Before Crossing Borders
May 11, 2026As businesses grow, they may decide to operate in different states or countries using related entities. This may involve a parent and subsidiary arrangement or ...
IRS CP53E Notice: Is it Legitimate and What Does It Mean?
May 05, 2026Some taxpayers have recently received an IRS CP53E notice. In many cases, the notice is legitimate. In others, it may have been sent by mistake—or could even ...
Is Your Business Eligible for Tariff Refunds?
May 04, 2026The U.S. Supreme Court recently ruled that certain tariffs imposed under the International Emergency Economic Powers Act (IEEPA) were illegal. As a result, U.S....
Claiming the QBI Deduction for Rental Real Estate
May 04, 2026The One Big Beautiful Bill Act (OBBBA), enacted in 2025, made permanent the federal income tax deduction for qualified business income (QBI). This break was ori...
Turning Insight into Action: Meet Kirsch’s Business Advisory Team
Apr 28, 2026Behind every strong business decision is clear, reliable insight—and that’s exactly what Kirsch CPA Group’s Business Advisory services are built to delive...