How to Keep Your Business Strong Despite Inflationary Pressures
Over the last year, consumer prices rose 7.9%, according to the latest data from the U.S. Bureau of Labor Statistics. The Consumer Price Index covers the prices of food, clothing, shelter, fuels, transportation, doctors' and dentists'…
- Diane Glover
- Apr 01, 2022
John Kirsch Named to Greater Butler and Warren Counties Business Hall of Fame
Kirsch CPA is proud to announce that founding partner John Kirsch has been named to the Junior Achievement Business Hall of Fame. The Junior Achievement of OKI Partners (JA) welcomed Kirsch CPA Group founder and…
- Diane Glover
- Mar 25, 2022
Take Advantage of Tax Breaks for Small Businesses
If you own a small or medium-sized business, it may be eligible for some significant tax breaks that aren't available for larger entities. Here are three examples to consider as you file your tax return…
- Kirsch CPA Group
- Mar 17, 2022
Manufacturers Need to Act Soon to Take Advantage of 100% First-year Bonus Depreciation
First-year bonus depreciation typically creates a powerful tax incentive for eligible manufacturers to purchase qualified property needed for business reasons. These tax write-offs can benefit a manufacturer's cash flow, but claiming them isn't always the…
- Kirsch CPA Group
- Mar 17, 2022
Do LLC Members Owe Self-Employment Tax?
The federal tax code's self-employment tax provisions were enacted long before the existence of limited liability companies (LLCs). As LLCs became increasingly popular, an important question arose: How do the self-employment tax rules apply to…
- Kirsch CPA Group
- Mar 17, 2022
How to Navigate Multistate Payroll & Sales Tax Obligations
When it comes to paying taxes, the first question that comes to mind is usually how much do I owe? But for a growing number of small and mid-size business owners, the most frustrating tax…
- Becky Byrd
- Mar 15, 2022
In-Plan Annuities: A New Twist on the Traditional Pension Model
It's common for employees who are nearing retirement to be concerned with whether their savings will last through their senior years. Those worries are mounting today. With soaring inflation, rampant supply chain shortages and lackluster…
- Kirsch CPA Group
- Mar 03, 2022
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