Category: Articles

Our office has received numerous inquiries about President Trump’s recent memorandum. On August 8, 2020, President Trump signed an executive order allowing an elective deferral of the 6.2% employee share of Social Security tax. The Read More

Consider these two favorable federal income tax rule changes included in the Coronavirus Aid, Relief and Economic Security (CARES) Act when deciding whether to take advantage of first-year depreciation breaks for assets placed in service Read More

Here's a question from an employer about paying the administrative expenses of a group health plan. Q. Due to declining health care spending during the COVID-19 pandemic, we anticipate receiving a medical loss ratio rebate Read More

Today, many people sell homemade products online or work on some unincorporated sideline venture outside of their regular day jobs. Such activities can generate extra spending money. This can be especially helpful for retired people Read More

INSIDE Public Accounting (IPA) has unveiled its list of the Best of the Best public accounting firms in the nation for 2020 and... Kirsch CPA Group is a Best of the Best, again! Kirsch CPA Read More

We are proud to announce the promotion of Ryan Smith and Alex Getz to Senior Analyst. "Both Ryan and Alex have provided our clients with exceptional value. We are excited to promote these two individuals Read More

Business valuation is a prophecy of the future. That is, investors typically value a business based on its ability to generate future cash flow. The COVID-19 crisis has caused operations to change for many businesses, Read More

Each year, the IRS compiles a list of 12 common tax scams that taxpayers may encounter during the year. This year, the "dirty dozen" list focuses on scams that target individual taxpayers, with special emphasis Read More

Several months into the COVID-19 crisis, most not-for-profit organizations have formulated at least a temporary plan for sustaining operations. But short-term solutions should be complemented by long-term strategic planning that reprioritizes objectives. Specifically, your nonprofit Read More

Purchases of a new and used business vehicle may qualify for tax breaks under current tax law. If you need a new vehicle to use for business purposes, review these details before you go shopping. Read More