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Don’t Discount the Key Person Discount
In the fourth quarter of 2021, CEO resignations were up 16% over the prior year, according to executive outplacement firm Challenger, Gray & Christmas. Recent and announced high profile departures include Twitter's Jack Dorsey, Amazon's…
- Kirsch CPA Group
- Mar 03, 2022
How to Maximize the QBI Deduction Amid the Pandemic
Since the qualified business income (QBI) deduction first become available in 2018, things have changed dramatically, mainly due to the various effects of the COVID-19 pandemic. Possible tax rate increases and inflation have also entered…
- Kirsch CPA Group
- Feb 24, 2022
Should You Diversify Your Investments with Rental Real Estate?
Many people invest in marketable securities, including stocks, bonds, money market funds and real estate investment trusts (REITs). But a less conventional investment option that's historically paid off for many investors is purchasing a home…
- Kirsch CPA Group
- Feb 17, 2022
Due Diligence Considerations When Buying a Business
Buyers of businesses generally prefer to arrange for an asset purchase transaction, instead of purchasing an ownership interest in the target business entity. Why? The primary reason is to avoid exposure to liabilities — both…
- Kirsch CPA Group
- Feb 17, 2022
3 Ways Small & Midsized Businesses Can Maximize Tax Benefits
Are you maximizing your tax benefits? From employee retention credits to tax credits for innovation, there are many strategies for small and midsized businesses to capitalize on deductions and benefits for the 2021 tax year…
- Sue Schloemer
- Feb 15, 2022
Hiring? Keep an Eye on These Seven Recruiting Trends
The COVID-19 pandemic will likely continue to affect individuals, businesses and the larger economy for the foreseeable future. Already, many companies are finding it difficult to remain fully staffed during what's been called the "Great…
- Kirsch CPA Group
- Feb 04, 2022
Commission Fraud: Salespeople Getting Paid More Than They’ve Earned
Many employees — from retail workers to sales staffers involved in complex business-to-business transactions — receive part of their compensation from sales-related commissions. To attract and retain top talent, some companies even allow employees to…
- Kirsch CPA Group
- Feb 04, 2022
New Study Finds Rising Health Benefit Costs
Consumer prices jumped 7% in 2021, according to the U.S. Department of Labor. Unfortunately, health benefit costs incurred by small employers increased at an even higher rate — 9.6% — according to the health benefits…
- Kirsch CPA Group
- Feb 03, 2022
How to Make the Most of the Annual Gift Tax Exclusion
The holidays often inspire a spirit of generosity. So, at year end, many people decide to give money or assets to their loved ones. Over time, lifetime gifts can also be an effective way for…
- Kirsch CPA Group
- Jan 20, 2022
Coping With New Employee Retention Credit Rules
Sometimes, Uncle Sam seems to give with one hand and take with the other. Take the employee retention credit (ERC), for example. Congress created this tax break in 2020 to help businesses continue to pay…
- Kirsch CPA Group
- Jan 20, 2022
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