5 Common Billing Methods in the Construction Industry

Aug 18, 2022 Kirsch CPA Group

Your neighborhood ice cream shoppe no doubt operates under a simple fixed price, point-of-sale billing method. Construction companies don’t have it so eas...

READ ARTICLE

How Will Inflation Affect Your 2023 Tax Bill?

Aug 18, 2022 Kirsch CPA Group

Inflation has been surging this year. The July 2022 consumer price index (CPI) was up 8.5% year over year, according to the latest data from the U.S. Bureau of ...

READ ARTICLE >

Valuing ESOPs

Aug 18, 2022 Kirsch CPA Group

Employee stock ownership plans (ESOPs) provide tax-saving opportunities for business owners who want to cash out and transfer ownership to employees without imm...

READ ARTICLE >

Hiding Places for Unprofitability in Your Business

Aug 17, 2022 Nick Roell

The business landscape has so many unexpected events and impossible-to-predict circumstances that metrics describing an organization’s financial health can se...

READ ARTICLE >

How Small Businesses Can Deflate Their Inflation Risks

Aug 16, 2022 Katie Keller

From soaring gas and food prices to hikes in rent, the signs of inflation are popping up everywhere. The latest Consumer Price Index Report (CPI) showed that be...

READ ARTICLE >

Avoiding Nonprofit Tax Traps

Aug 04, 2022 Kirsch CPA Group

If your organization has met the IRS qualifications to be considered tax-exempt, the income you receive — such as donor contributions — is exempt from feder...

READ ARTICLE >

How Manufacturing Companies Can Benefit from the Section 179 Expensing Deduction

Aug 04, 2022 Kirsch CPA Group

Does your manufacturing company need to acquire new equipment to meet demand? Fortunately, there’s a tax break that can help: the Section 179 deduction. I...

READ ARTICLE >

Do Your ESG Initiatives Open the Door to Fraud?

Aug 04, 2022 Kirsch CPA Group

Within a relatively short period, corporate environmental, social, and governance (ESG) initiatives evolved from a disjointed and confusing set of goals to a mo...

READ ARTICLE >

How to Use the Cost Approach to Valuing a Business

Jul 20, 2022 Kirsch CPA Group

The balance sheet — which shows a company’s assets and liabilities — is a logical starting point for valuing certain types of businesses. The cost (or...

READ ARTICLE >

Hiring Family Members Can Pay Off for Everyone

Jul 20, 2022 Kirsch CPA Group

One of the advantages of owning and operating your own business is the ability to hire family members to fill open positions. This can be a significant perk in ...

READ ARTICLE >