Is Your Business Subject to the New BOI Reporting Rules?

Starting January 1, 2024, an anticipated 32.6 million businesses will be required to comply with new beneficial ownership information (BOI) reporting rules under the Corporate Transparency Act (“CTA”). BOI reporting involves the disclosure of information Read More

Sue Schloemer

Dec 06, 2023

Construction Companies: Lean Into Tech to Optimize Accounting and Financial Management

The construction industry is renowned for its quality craftsmanship. However, it's also sometimes known for a historical reluctance to adopt new technology. When it comes to your construction company's accounting and financial management, there's never Read More

Kirsch CPA Group

Dec 05, 2023

Year-End Review of S Corp Compensation: Stay on the Right Side of the IRS

With 2024 right around the corner, your shareholders might be thinking about year-end bonuses or distributions. Before doing so, it's important to review the potential tax implications and requirements.   Distributions vs. Bonuses S corporations Read More

Kirsch CPA Group

Dec 04, 2023

7 Fringe Benefits for Nonprofit Employers to Offer

One of the biggest challenges facing not-for-profit organizations is finding and retaining top-quality talent. It's hard enough to overcome the perception — often a misconception — that nonprofits don't pay their employees nearly as well Read More

Kirsch CPA Group

Dec 02, 2023

Thinking Beyond the Paystub: 4 Best Practices for Maximizing Labor ROI

Economic uncertainty and challenging market conditions like the current environment often have business owners reaching for the calculator and thinking about their labor costs. It’s not an unreasonable instinct in tough times: labor costs are Read More

Anthony Lewis

Nov 29, 2023

Overcoming Stagnant Growth: Strategies to Break Free From a Business Plateau

Plateaus are a normal event in the life cycle of any business, but that doesn’t make them any less frustrating. What was once an effective driver of revenue and growth can suddenly stop working leading Read More

Nick Roell

Nov 28, 2023

5 Ideas to Help Small Business Owners Reduce Taxes for 2023

As year end approaches, small business owners should review their tax situations to determine ways to lower federal income taxes for the current tax year — and beyond. Fortunately, no significant unfavorable federal tax law Read More

Kirsch CPA Group

Nov 21, 2023

Ensuring Profitability as Your Veterinary Practice Grows

In a thriving pet care industry valued at nearly $36 billion, increasing profitability while growing your veterinary practice can be a challenging endeavor. The path to growth is not just about increasing revenue but understanding Read More

Kirsch CPA Group

Nov 08, 2023

Year-End Tax Planning For Manufacturers

Implementing year-end tax planning strategies now can help reduce your manufacturing company's 2023 tax bill. Indeed, a lower tax bill can improve your cash flow and your bottom line. One of the most tried-and-true strategies Read More

Kirsch CPA Group

Nov 07, 2023

Planning a Graceful (and Profitable) Exit from Your Business

At some point, every business owner leaves the company, either voluntarily through retirement or otherwise. Some businesses will outlive their founders. Others can't survive without the continued involvement of a key owner-employee. And a few Read More

Kirsch CPA Group

Nov 06, 2023