Category: Articles

The following table provides some important federal tax information for 2021, as compared with 2020. Some of the dollar amounts are unchanged and some changed only slightly due to inflation. Social Security/ Medicare 2021 2020 Social Read More

From equipment theft to padded time to cyberattacks, contractors are vulnerable to a variety of fraud schemes. According to the Association of Certified Fraud Examiners, the median loss due to internal fraud is $200,000 for Read More

A lot can change over a lifetime — including with your wealth, family composition, and priorities. That's why you need to revise your estate plan as you progress through life. Milestones such as becoming a Read More

The Consolidated Appropriations Act (CAA) enacted in December 2020 extends and modifies several key tax provisions originally included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act provided several forms of Read More

Signed into law in the waning days of 2020, the Consolidated Appropriations Act (CAA) provides some new tax breaks for employers — including three payroll-related items. These are the employee retention tax credit, family and Read More

What is the Employee Retention Credit? Under the Consolidated Appropriations Act, 2021, employers negatively impacted by the pandemic can offset the employer portion of payroll taxes through the Employee Retention Credit (ERC).  The ERC can Read More

Printers, pens, stamps, envelopes … In this age of technology, these aren’t necessary to work with Kirsch CPA Group. If your life can be simplified and more secure, why shouldn’t it be? Technology makes it Read More

Pandemic-related financial pressure is forcing some businesses to take a long, hard look at their health insurance plans and other benefits offered to employees. One practical solution has been gaining traction: the introduction of Health Read More

Even in normal times, elderly Americans are vulnerable to con artists. But the COVID-19 pandemic — which has disrupted most seniors' regular activities and cut many off from face-to-face contact with family — has raised Read More

Before President Trump signed the latest economic stimulus law, several temporary COVID-19-related federal tax relief measures were set to expire on December 31, 2020. This article explains the current status of eight important temporary relief Read More