Important Update: FinCEN Pauses BOI Reporting Enforcement and Extends Deadlines

Feb 28, 2025 Cassidy Roell

On February 27, 2025, FinCEN announced important changes to Beneficial Ownership Information (BOI) reporting enforcement and deadlines, which may impact your co...

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Exit Strategy: ESOPs for Construction Companies

Feb 25, 2025 Kirsch CPA Group

Contractors often struggle to find suitable buyers for their companies when they’re ready to retire or otherwise move on. That may be why many constructio...

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Accounts Receivable Fraud: Lapping Up Profits

Feb 24, 2025 Kirsch CPA Group

The sale has been made, the customer has paid, yet the company receives no revenue. How can this happen? Accounts receivable fraud, commonly referred to as R...

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Manufacturers: Cut Costs by Avoiding Sales Tax Overpayments

Feb 21, 2025 Kirsch CPA Group

Controlling costs is always at the forefront of manufacturers’ minds, but the current environment makes it particularly critical. With new tariffs going i...

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Important Changes to Beneficial Ownership Information (BOI) Reporting Deadlines

Feb 21, 2025 Sue Schloemer

On February 18, 2025, action by the U.S. District Court for the Eastern District of Texas resulted in the reinstatement of the Beneficial Ownership Information ...

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8 Tips For Preventing Nonprofit Fraud

Feb 14, 2025 Kirsch CPA Group

Every year, millions of dollars are donated to not-for-profit organizations. But in some cases, the money intended for an organization’s charitable causes...

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The Advantages of Monthly vs. Quarterly Financial Statements

Feb 12, 2025 Kirsch CPA Group

In the fast-paced world of business, a lot can change in just a few weeks, let alone three months. Reviewing financial statements quarterly may seem manageable ...

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A Review of Inventory Accounting for Construction Companies

Feb 10, 2025 Kirsch CPA Group

Many construction businesses reach a point in their growth when they decide to maintain inventories. They might keep on hand items such as building materials, s...

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Avoid Mixing Personal and Business Accounts

Feb 07, 2025 Kirsch CPA Group

Small business owners and independent contractors are always looking for ways to save time. If you run your own business (or want to start one), it might seem t...

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Five Ways to Improve Inventory Management

Feb 06, 2025 Kirsch CPA Group

Efficient inventory management can substantially improve your firm’s performance by helping to maintain high customer service levels and reduce variable c...

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