Category: Articles

An array of additional services will be subject to sales tax in Kentucky next year under a bill enacted over the governor’s veto. The legislation also reduces personal income tax rates in Kentucky with further Read More

While there is a perception that accounting firms spend all their time looking in the rearview mirror to prepare taxes and financial statements, the right accounting firm can help you see where you’re going with Read More

Growing your business might seem like a perfectly obvious thing to have on your 2022 to-do list, but not all businesses approach a new year with a written growth plan or SMART goals: specific, measurable, Read More

How would you feel about taking a cross-country road trip without knowing the amount of gas in your tank, your engine's temperature, or your oil pressure? That's why you have an instrument panel on your Read More

In general, the value of statutory fringe benefits paid to employees is exempt from federal income tax. But special rules apply to S corporation shareholders who own 2% or more of a company. For these Read More

Are you maximizing your tax benefits? From employee retention credits to tax credits for innovation, there are many strategies for small and midsized businesses to capitalize on deductions and benefits for the 2021 tax year Read More

Taxpayers have until Monday, April 18, 2022, to file their 2021 tax returns and pay any tax due. If you are expecting a refund, you can click the link below to quickly learn the status Read More

As any business owner knows, the health of a company is linked more to its profitability than its revenues. If your revenues are increasing but your profitability is not, it’s important to understand what is Read More

The two newest members of the Kirsch CPA Group come to us with deep experience, diverse interests and a somewhat similar path into the accounting profession. Manager Nathan Esselburn and Senior Manager Anthony Lewis both Read More

There are many threats to business profitability and long-term success. Some of them hide behind numbers that look favorable on the surface. Others are easier to spot but difficult to implement. A third category of Read More