Category: Newsletters

When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can't be immediately deducted for tax purposes. Fortunately, there may be another approach that will allow you to Read More

The Tax Cuts and Jobs Act (TCJA) was signed into law in 2017 and generally took effect at the start of 2018. It brought sweeping changes to various aspects of tax law for both individuals Read More

The popularity of donor-advised funds (DAFs) is surging. According to the 2023 DAF Report issued by the National Philanthropic Trust (NPT), donors poured over $52.16 billion into DAFs in 2023, a 9% increase over 2022. Read More

Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators and victims of occupational fraud. "Occupational Fraud 2024: A Report to the Nations" was recently released. It Read More

Kirsch CPA Group recently hosted our inaugural Future Accountants Leadership Program and we are delighted with the outcome. Throughout the program, our goal was for local university accounting students to gain a firsthand experience of Read More

At the start of 2024, three dozen states and New York City already had pass-through entity taxes (PTETs) on their books, with legislation pending in three other states. These types of workarounds for the current Read More

In an uncertain economy, it's important to use all possible methods available to analyze and evaluate your company's financial health. Here are two metrics owners and managers might find helpful: breakeven and burn rate.   Read More

In April 2024, the U.S. Department of Labor (DOL) issued a new final rule that's slated to expand the number of workers who are eligible for overtime pay under the federal Fair Labor Standards Act Read More

Most business valuation assignments call for a conclusion of value. However, there may be times when a calculation of value can be a quicker, more cost-effective solution.   Value Conclusions When providing conclusions of value, Read More

For construction companies, accounting isn't as simple as just balancing the books every month. Contractors tend to have multiple projects underway at various stages of completion and, ideally, more in the pipeline. Your accounting practices Read More