Advanced Child Tax Credit Payments – You may want to Opt Out

In June, the IRS sent letters regarding advance payments of the Child Tax Credit (CTC) to potentially eligible taxpayers. For 2021 only, the CTC increases to $3,000 per child between the ages of 6 and Read More


Stephanie Rupnik

Jun 30, 2021

Where Is My 2020 Tax Refund?

Where’s my 2020 tax refund?  If you are asking this question you are not alone.  In May 2021, the Tax Advocate Service provided an update stating the IRS has struggled to handle a recent backlog Read More


Sue Schloemer

Jun 19, 2021

What to Do When Your Bank Wants Financial Statements

If a bank, investor, buyer, bond agency, or other third-party asks for or demands your financials—and your CPA firm cannot provide them in a timely manner—you may not get the loan or credit line increase Read More


Kirsch CPA Group

Jun 11, 2021

What Your Numbers Are Saying: Are You Listening?
Part 1: Do You Know Your Profitability?

When evaluating the financial health of your business, it’s important to look at a variety of indicators – but how can you be sure you have the right numbers? Are you as profitable as you Read More


Kirsch CPA Group

Jun 09, 2021

Does Your Business Need a CFO?

Most business owners recognize a chief financial officer (CFO) as the financial steward of an organization who can free them up to focus on growth and other areas. Yet, many small and medium-sized business owners Read More


Pete Abner

Jun 01, 2021

5 Steps to Finding the Sweet Spot for Business Success

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


John Kirsch

May 28, 2021

How to Approach Succession Planning

Does your organization have a succession plan in place? And, if it does, is it well documented? Some not-for-profits delay detailed succession planning, thinking of it as a project they'll get to "someday." But that's Read More


Kirsch CPA Group

May 27, 2021

Are Your Employees Afraid to Return to Work?

If you have employees working from home, and you want to transition them back to the workplace as the economy picks up, you may find it's harder than you once thought. For some employees, nervousness Read More


Kirsch CPA Group

May 12, 2021

Don’t Overlook the Need for a Detailed Weather Emergency Plan

Weather emergencies take many forms and depending on your location, you're likely more vulnerable to some forms than others. But the following data about the business impact of natural disasters from the Federal Emergency Management Read More


Kirsch CPA Group

Apr 28, 2021

Tax Breaks for Green Manufacturers Are Expanded

In recent years, lucrative tax breaks for energy-efficient investments have enticed many manufacturers to "go green." At the end of 2020, the Consolidated Appropriations Act (CAA) was enacted, which includes various provisions that expand and Read More


Kirsch CPA Group

Apr 14, 2021