(513) 858-6040
Secure File Upload
Pay
Client Center
Accounting & Business Advisory Blog
10 Ways Construction Companies Can Tighten Up Their Estimates
In a perfect world, initial project estimates would match actual costs at the end of every job — with no hint of cost overruns or profit fade. But, let's be honest, that hardly ever happens.…
- Kirsch CPA Group
- Oct 10, 2023
Are You Prepared to Join the Manufacturing 4.0 Revolution?
Manufacturing 4.0, sometimes called "Industry 4.0," refers to the digitalization of manufacturing. That means the integration of traditional manufacturing processes and practices with cutting-edge "smart" technology. How might Manufacturing 4.0 benefit your manufacturing company? According…
- Kirsch CPA Group
- Oct 10, 2023
What the DOL’s Overtime Pay Proposal Could Mean for Employers
A new rule proposed by President Biden and released by the U.S. Dept. of Labor (DOL) in August would result in an estimated 3.6 million additional workers qualifying for overtime pay — even though they're…
- Kirsch CPA Group
- Oct 09, 2023
Will Your Crypto Transactions Be Reported on a Form 1099?
Some taxpayers may be unaware of all the federal tax reporting requirements for cryptocurrency transactions — especially when it comes to issuing and receiving a Form 1099 for 2023. If you buy something with cryptocurrency,…
- Kirsch CPA Group
- Oct 06, 2023
What’s the Proper Tax Treatment for Intangible Assets?
Intangible assets have become increasingly vital to the value of many companies. While their benefits may be obvious to business owners, their tax treatment often isn't. Taxpayers may be surprised by the expansive IRS definition…
- Kirsch CPA Group
- Sep 26, 2023
Understanding the CPA’s Role in Detecting Fraud
A role of CPA's is to act as "gatekeepers," emphasizing their responsibilities for identifying fraud risks and detecting material misstatements in the financial statements. These responsibilities are currently at the forefront due to changes to…
- Kirsch CPA Group
- Sep 25, 2023
Partnerships: Tax Considerations When Adding a New Partner
Are you considering inviting an employee or an outsider to participate in your existing partnership? Before making any commitments, it's important for you and the prospective partner to understand the potential federal tax implications. Important:…
- Kirsch CPA Group
- Sep 22, 2023
IRS Orders an Immediate Stop to New Employee Retention Tax Credit Processing
After receiving a deluge of improper Employee Retention Tax Credit (ERTC) claims, the IRS recently announced an immediate moratorium through at least December 31 on processing new claims for the pandemic relief program. The tax…
- Kirsch CPA Group
- Sep 20, 2023
7 Questions Contractors Should Ask Before Seeking Outside Financing
Construction companies can leverage loans, lines of credit and other such products to help ensure positive cash flow, build creditworthiness and fuel business growth. But the options can seem limitless and overwhelming. Here are seven…
- Kirsch CPA Group
- Sep 08, 2023
New Upcoming Requirement for Businesses that Receive Large Amounts of Cash
Does your business receive large amounts of cash or cash equivalents? If so, you're generally required to report these transactions to the IRS — and not just on your tax return. Beginning January 1, 2024,…
- Kirsch CPA Group
- Sep 07, 2023
Sign Up for Email Updates
Tags
Business Advisory (172)
Covid-19 (63)
Accounting (54)
Tax Strategies (51)
Small Business (50)
Construction (45)
Manufacturing (41)
Business Strategy (33)
Not For Profit (31)
Tax (30)
Business Planning (25)
Kirsch News (24)
Tax Strategy (24)
Payroll (22)
Business Taxes (22)
Business Valuation (22)
Accounting Services (22)
Grow Your Business (19)
Retirement (18)
Audit and Assurance Services (17)
PPP (16)
Tax Planning (14)
CARES Act (13)
Fraud (13)
Individual Tax (13)
Business Advisory Services (13)
Strategic Accounting (12)
Benefit (11)
Cash Flow (10)
Employee Retention Credit (10)
holistic accounting services (10)
Financial Planning (9)
IRS (9)
Business (9)
Contractors (9)
Consolidated Appropriations Act (9)
Deduction (9)
Non profit (9)
Manufacturing Accounting (9)
Human Resources (8)
Financial Statements (8)
Small Business Tax (7)
Tax Break (7)
Business Owner (7)
Construction Accounting (7)
Department of Labor (6)
IRA (6)
Remote Work (6)
Tax Credit (6)
Succession Planning (6)
Contractor (6)
Inflation (6)
Tax Breaks (5)
Estate Planning (5)
Mergers and Acquisitions (5)
Succession Plan (5)
Technology (5)
Risk (5)
Law (5)
Valuation (5)
accounting software (5)
outsourced accounting services (5)
Cash Flow Management (5)
Professional Services Accounting (5)
LLC (4)
Estate Plan (4)
Overtime (4)
Real Estate (4)
Deductions (4)
Hiring (4)
Cost (4)
TCJA (4)
Tax Cuts and Jobs Act (4)
Supply Chain (4)
ERC (4)
Self-Employed (4)
Plan (4)
Revenue (4)
Depreciation (4)
Billing (4)
strategic tax planning (4)
accounting partner (4)
Accounting Best Practices (4)
Compensation (3)
Partnership Tax (3)
Retain Employees (3)
HSA (3)
Business Intelligence (3)
Social Security (3)
DOL (3)
Sales (3)
Self-Employment (3)
Outsourcing (3)
Protecting Your Business (3)
Rental Property (3)
WOTC (3)
Tax Benefits (3)
Charitable Donations (3)
Individual Taxes (3)
EEOC (3)
Work From Home (3)
Donation (3)
Profit (3)
Contingency Plan (3)
Gift (3)
Family (3)
Rental (3)
Loss (3)
Unemployment (3)
CFO (3)
Succession (3)
Small Businesses (3)
Credit (3)
Loan (3)
Gift Tax (3)
Estate Tax (3)
QBI (3)
Cash (3)
Unrelated Business Income Tax (3)
Kirsch promotions (3)
Cash Basis (3)
Section 179 (3)
Financial (3)
monthly financial statements (3)
Ohio Tax (2)
S-Corp (2)
Research Tax Credits (2)
Selling Your Business (2)
Best Workplaces in Ohio (2)
Buy-Sell Agreement (2)
Ohio Taxes (2)
Independent Contractor Status (2)
Revenue Recognition (2)
Home Office (2)
Tax Credits (2)
Payment (2)
Deadline (2)
Help for Ohio Business (2)
FASB (2)
Mid-Year (2)
Deductible (2)
Taxes (2)
Bankruptcy (2)
Welcome to the Team (2)
Contracts (2)
Phising (2)
Year-End (2)
Join Our Team (2)
Tax Free (2)
Individual Income Tax (2)
Tax Rate (2)
Stimulus (2)
New Law (2)
Loan Changes (2)
M&A (2)
Personal Return (2)
The American Rescue Plan Act (2)
ARPA (2)
Penalties (2)
OSHA (2)
Insurance (2)
Return to Workplace (2)
Estate (2)
Future (2)
Cryptocurrency (2)
Expense (2)
Property (2)
Rent (2)
CFO Services (2)
Penalty (2)
Contract (2)
Wages (2)
State Tax (2)
Savings (2)
Value (2)
Tax Law (2)
Tax Preparation (2)
Tax Saving (2)
Mileage (2)
R&D (2)
financial reporting (2)
Chart of Accounts (2)
Financial KPIs (2)
Buy (2)
Sell (2)
Qualified Business Income (2)
Multistate Taxes (2)
Tax Incentive (2)
Software (2)
Debt (2)
Supply (2)
Tax Benefit (2)
Inflation Risks (2)
Invoice (2)
Inflation Reduction Act (2)
CHIPS Act (2)
Generally Accepted Accounting Principles (2)
Forecast (2)
research credit (2)
Expenses (2)
Pass-through entity (2)
Bookkeeper (2)
Outsourced CFO (2)
scaling a business (2)
reduce labor costs (2)
Upgrading Accounting Systems (2)
QuickBooks Software (2)
QuickBooks Optimization (2)
Accounting Outsourcing (2)
Strategic Business Advisory (2)
Compensation Plans (1)
SEPs (1)
Donor Datebase (1)
Promoting (1)
Monitor Employee Communications (1)
Business Expenses (1)
Board of Directors (1)
Customer Service (1)
Motivate Employees (1)
S Corporation (1)
Record Retention (1)
Employer Provided Vehicles (1)
Tax Rules for Boats (1)
Tax Rules for RVs (1)
Home Improvement (1)
No-Match Letter (1)
Sales Deal (1)
Rules of Qualification (1)
Customer Loyalty (1)
Profits (1)
Work for Kirsch (1)
Tax Deductible (1)
Industry (1)
Work Culture (1)
Taxpayers (1)
Partner (1)
Tax Return (1)
Competition (1)
Tax Refund (1)
Security (1)
Leadership (1)
Medical & Sick Leave (1)
Economic Injury Disaster Loan (1)
Emergency Financing From the SBA (1)
Tax Favored Distributions (1)
Roth (1)
Traditional Roth (1)
Dependent Care (1)
DCAP (1)
Pivot Strategy (1)
Chapter 11 (1)
Chapter 7 (1)
Epidemic (1)
Customers (1)
Travel Restrictions (1)
Workers Health (1)
Legal Claims (1)
Deferred Filing Tax Returns (1)
HIPAA (1)
Business Vehicle (1)
Promotions (1)
Worker Comp (1)
Ohio Bureau of Workers Compensation (1)
Homeowners (1)
Common Tax Scams (1)
Internal Tax Service (1)
Hobby (1)
Health Plan Administrative Expense (1)
Financial Distress (1)
Insolvency Exception (1)
Home Mortgage Exception (1)
Interest Exception (1)
Student Loan (1)
FSA (1)
Improvements (1)
Repairs (1)
Background Check (1)
Fraud Alert (1)
Vishing (1)
Preventing Attack (1)
Home Office Deductions (1)
Boost Profits (1)
Independent Contractor (1)
Ramsonware (1)
Health Plan (1)
Related Paid Leave (1)
Tax Provisions (1)
Overtime Pay (1)
Buy or Lease (1)
Data Breaches (1)
Malware (1)
Beneficiaries (1)
Inheritance (1)
Policy (1)
Cost Cutting (1)
Disaster Relief (1)
FAQs (1)
Resolutions (1)
Schedule C (1)
Closing Business (1)
High-Deduction (1)
Elderly (1)
CVD (1)
Restaurant (1)
Opportunity Zone Investments (1)
Bad Debt (1)
SafeSend Exchange (1)
Owners Compensation (1)
Financial Relief (1)
Child Labor Law (1)
Minimum Wage (1)
Record-Keeping (1)
Bottom Line (1)
Power of Attorney (1)
Trader Status (1)
Vaccine Scams (1)
Child and Dependent Care Credit (1)
Go Green (1)
Visa (1)
International (1)
Employee (1)
H-2B (1)
FEMA (1)
Trusts (1)
Operations (1)
Digital (1)
Profit Fade (1)
Managing Cost (1)
Project (1)
Make Money (1)
Properties (1)
Home (1)
Return to Work (1)
Federal Labor Policy (1)
Labor (1)
Labor Law (1)
Passive Activity Loss (1)
PAL (1)
Liability (1)
Deduct (1)
Cybersecurity (1)
Landlord (1)
Relief (1)
Job Loss (1)
Eviction (1)
Tenant (1)
Economy (1)
Development (1)
Next (1)
Strategic (1)
Profitability (1)
Financial Health (1)
Individuals (1)
Individual (1)
Reviewed Financials (1)
New Development (1)
Opportunity (1)
Planning (1)
Review (1)
Payroll Tax Credit (1)
Overhead (1)
Price (1)
Estimate (1)
Out-of-Scope (1)
Project Planning (1)
Productivity (1)
Production (1)
Lean (1)
Output (1)
Raw Material (1)
Incentive (1)
Process (1)
Cyber (1)
Cyber Attack (1)
Financial Penalty (1)
OT (1)
Ransom (1)
Ransomware (1)
Hacker (1)
Prevent (1)
Prevention (1)
DHS (1)
Department of Homeland Security (1)
Processing Payroll (1)
Labor Laws (1)
SBA (1)
Damage (1)
Damages (1)
Economic (1)
Economic Damage (1)
NIOSH (1)
National Institute for Occupational Safety and Health (1)
Safety (1)
PPE (1)
Saving (1)
Strategy (1)
Customer Segmentation (1)
Save (1)
Client (1)
Customer (1)
Business Real Estate (1)
Commercial (1)
Location (1)
Office Space (1)
Lease (1)
Shareholder (1)
Independent Investor (1)
Tax Season (1)
Taxcaddy (1)
Tax Filing (1)
Tax Documents (1)
Inside Public Accounting (1)
CPA (1)
Lower Taxes (1)
Tax Savings (1)
Tax Rules (1)
Build Back Better Act (1)
Proposed Tax Laws (1)
Business Insurance (1)
Premium (1)
Life Insurance (1)
Property-Casualty Insurance (1)
long term disability (1)
long-term care (1)
crisis (1)
crisis management (1)
contingency (1)
research and development (1)
research (1)
confidential (1)
confidentiality (1)
service providers (1)
P&L statements (1)
fairness opinion (1)
fairness opinions (1)
M&A Plan (1)
money (1)
estate and gift tax (1)
commission (1)
commission fraud (1)
salespeople (1)
due diligence (1)
real estate investment trusts (1)
REIT (1)
investment (1)
trade (1)
Specified Service Trade or Business (1)
SSTB (1)
qualified (1)
key person (1)
discount (1)
tax compliance (1)
sales tax (1)
single-member (1)
multi-member (1)
limited (1)
General Partners (1)
self-employment tax (1)
medium business (1)
qualified business income deduction (1)
depreciation deduction (1)
Junior Achievement Business Hall of Fame (1)
Asset (1)
owner (1)
tax liability (1)
tax files (1)
tax records (1)
federal tax (1)
records (1)
financial records (1)
Bills (1)
receipts (1)
personal tax files (1)
sell business (1)
organized crime (1)
National Federation of Independent Business (1)
NFIB (1)
Close (1)
Close Business (1)
debts (1)
Small Business Reorganization Act (1)
SBRA (1)
Home-Based Business (1)
kentucky tax law (1)
gas (1)
fuel (1)
suppliers (1)
supplier (1)
marketplace (1)
market (1)
online (1)
supplies (1)
scam (1)
product (1)
seller (1)
Buyer (1)
work opportunity tax credit (1)
work opportunity (1)
Amended Taxes (1)
inventory tracking (1)
labor cost tracking (1)
job costing (1)
networking (1)
projects (1)
Collecting (1)
family business (1)
equipment (1)
purchase (1)
combat inflation (1)
ESOP (1)
Employee Stock Ownership Plans (1)
company stock (1)
ERISA (1)
Employee Retirement Income Security Act of 1974 (1)
corporate (1)
legislation (1)
profitability analysis (1)
SALT cap workaround law (1)
lending (1)
Case Study (1)
Financial Accounting Standards Board (1)
GAAP (1)
tech (1)
legacy gift (1)
funding (1)
living trust (1)
will (1)
wealth (1)
financial management (1)
payroll support (1)
rollover (1)
inventory (1)
disaster (1)
interruption insurance (1)
Business interruption (1)
corporation (1)
research expenses (1)
income tax liability (1)
types of financials (1)
SSA (1)
Social Security Administration (1)
wage base (1)
Claim (1)
small business owner (1)
reduce (1)
reduction (1)
Research & Development (1)
research & development expenses (1)
risk management (1)
PTE (1)
Chief Financial Officer (1)
next level accounting services (1)
pricing analysis (1)
exit and retirement planning (1)
SECURE 2.0 (1)
Setting Every Community Up for Retirement Enhancement 2.0 Act (1)
rate (1)
medical (1)
moving (1)
digital enterprise (1)
mobile (1)
Cloud-Based (1)
financial statement (1)
forecasting (1)
projections (1)
projection (1)
NOL (1)
net operating loss (1)
COD (1)
Cancellation of Debt (1)
forgiven (1)
forgiveness (1)
financial roadmap (1)
quickbooks (1)
SafeSend Returns (1)
valuing (1)
holistic (1)
fradulent (1)
invoices (1)
FIFO (1)
LIFO (1)
last-in (1)
first-out (1)
first-in (1)
tax changes (1)
Business Interest Expense (1)
Capitalize Research Costs (1)
corporate cash donation (1)
equifax hack (1)
FICA (1)
FUTA (1)
medicare (1)
normalized EBITDA (1)
DCF (1)
Business Buyers (1)
meals (1)
entertainment (1)
Multistate Payroll Taxes (1)
Remote Workforce Taxes (1)
Payroll Automation (1)
Local Tax Laws (1)
Multistate Compliance (1)
signs to scale (1)
financial insights (1)
reduce operating costs (1)
Energy Credits (1)
401(k) (1)
disabled access credit (1)
family and medical leave credit (1)
retirement plan startup credit (1)
retirement plan automatic enrollment credit (1)
QuickBooks Cleanup (1)
loss disallowance rule (1)
carryforward (1)
distressed business (1)
credit sales (1)
collections (1)
receivables ratio (1)
aging schedule (1)
average collection period (1)
duties test (1)
Agile Business (1)
Weather Economic Uncertainty (1)
Next Level Accounting (1)
Projecting Cash Flow (1)
veterinary profitability (1)
Maximizing Labor ROI (1)
Business Growth Plateau (1)
bonus depreciation (1)
IRS Section 179 (1)
qualified improvement property (1)
PTE Tax Benefits (1)
ERC Claims (1)
Cash Flow Forecasting (1)
GAAP Accounting (1)
Manufacturer Accounting Services (1)
Tax Planning Services (1)
Professional Services (1)
Strategic Business Planning (1)
nonprofit accounting services (1)
