Ohio’s Commercial Activity Tax (CAT) has undergone significant changes for 2024 and 2025, reducing the tax burden for many small businesses. Here’s ...
Spotlight: The One Big Beautiful Bill Act
Learn how the One Big Beautiful Bill Act impacts businesses and accounting practices. Explore insights, resources, and expert analysis on this important legislation.
Is Your Business Subject to CAT Tax?
Celebrating 100 Years of Service Milestones at Kirsch CPA Group
Jan 14, 2025At Kirsch CPA Group, we are focused on creating a dynamic employee-owned organization where team members and clients have a lifelong home. This year, we are hon...
2025 Tax Outlook for Businesses and Their Owners
Jan 13, 2025The Republicans will soon control the White House and both chambers of Congress, which will likely open the door for major tax legislation next year. Here are s...
Navigating the Corporate Transparency Act: Understanding BOI Reporting and Fines
Jan 13, 2025The Corporate Transparency Act (CTA) was passed in 2021 and created a new mandate for beneficial ownership information (BOI) reporting to the Financial Crimes E...
Work-In-Process: What It Means for Your Manufacturing Company’s Finances and Performance
Jan 10, 2025Work in process (WIP) is a common term in manufacturing, often tossed around loosely. WIP is sometimes used interchangeably with “work in progress.”...
Update: Corporate Transparency Act (BOI Reporting) is On Hold
Dec 27, 2024Updated 12/30/2024 The U.S. Court of Appeals for the Fifth Circuit has reinstated a nationwide injunction that temporarily halts the enforcement of Beneficial O...
Should Your Nonprofit Use Quarterly or Monthly Financial Statements?
Dec 20, 2024The complex accounting demands of running a nonprofit organization can quickly outgrow the resources available to manage them. While many nonprofits have a need...
Take Your Business to the Next Level with Strategic Business Planning
Dec 11, 2024Strategic business planning can feel overwhelming at times. You know it’s essential, but figuring out where to start can be tricky, especially when daily resp...
Wrap Up Your Business Year with Big Tax Savings
Dec 09, 2024With year end rapidly approaching, many business owners are focusing on budgeting and strategic planning for 2025. But you shouldn’t overlook last-minute ...
Is a PTET Election Right for Your Construction Company?
Dec 05, 2024Businesses structured as partnerships, S corporations or limited liability companies generally aren’t subject to the federal corporate income tax. This is...