When manufacturers buy, build or improve their facilities, it involves a substantial investment. But these expenses generally can’t be immediately deducte...
Construction Business Owners: Prepare Now for Possible Tax Law Changes
Jun 11, 2024The 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 t...
Insight Into Proposed Donor-Advised Fund Regulations
Jun 10, 2024The popularity of donor-advised funds (DAFs) is surging. According to the 2023 DAF Report issued by the National Philanthropic Trust (NPT), donors poured over $...
ACFE Publishes New Fraud Study
Jun 09, 2024Every two years, the Association of Certified Fraud Examiners (ACFE) publishes a study detailing the costs, schemes, perpetrators and victims of occupational fr...
Empowering the Future: Reflecting on Kirsch’s Inaugural Leadership Program
Jun 07, 2024Kirsch CPA Group recently hosted our inaugural Future Accountants Leadership Program and we are delighted with the outcome. Throughout the program, our goal was...
Close-Up on Pass-Through Entity Tax Laws
May 29, 2024At 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...
Calculating Breakeven and Burn Rate
May 27, 2024In an uncertain economy, it’s important to use all possible methods available to analyze and evaluate your company’s financial health. Here are two ...
DOL Expands Overtime to Millions of Workers
May 22, 2024In 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 ...
What’s the Difference Between a Calculation of Value and a Conclusion of Value?
May 14, 2024Most 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-effectiv...
Construction Business Owners: Avoid These Two Common Accounting Problems
May 13, 2024For construction companies, accounting isn’t as simple as just balancing the books every month. Contractors tend to have multiple projects underway at var...