What to Do When Your Bank Wants Financial Statements

If a bank, investor, buyer, bond agency, or other third-party asks for or demands your financials—and your CPA firm cannot provide them in a timely manner—you may not get the loan or credit line increase…


  • Kirsch CPA Group
  • Jun 11, 2021

What Your Numbers Are Saying: Are You Listening?
Part 1: Do You Know Your Profitability?

When evaluating the financial health of your business, it’s important to look at a variety of indicators – but how can you be sure you have the right numbers? Are you as profitable as you…


  • Kirsch CPA Group
  • Jun 09, 2021

Labor Shortage: Unlock Solutions by Evaluating Your Employment Value Proposition

In normal market conditions, people who've been unemployed due to an economic slump are generally eager to take a job when the economy perks up. But times are far from normal in many places and…


  • Kirsch CPA Group
  • Jun 09, 2021

7 Valuable Deductions for Self-Employed Individuals

If your business was forced to close due to the pandemic, you may be itching to get back in the game. Or maybe you're looking to fulfill a lifelong dream of running a business for…


  • Kirsch CPA Group
  • Jun 09, 2021

Does Your Business Need a CFO?

Most business owners recognize a chief financial officer (CFO) as the financial steward of an organization who can free them up to focus on growth and other areas. Yet, many small and medium-sized business owners…


  • Pete Abner
  • Jun 01, 2021

5 Steps to Finding the Sweet Spot for Business Success

Business owners almost always have a clear idea of what success will look like but converting a vision into reality and achieving a set of goals is a lot harder than establishing them. When goals…


  • John Kirsch
  • May 28, 2021

How to Approach Succession Planning

Does your organization have a succession plan in place? And, if it does, is it well documented? Some not-for-profits delay detailed succession planning, thinking of it as a project they'll get to "someday." But that's…


  • Kirsch CPA Group
  • May 27, 2021

Material Participation Standard is the Key to Unlocking LLC Tax Losses

Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity loss (PAL) rules can limit an owner's ability to currently deduct tax losses thrown off by passive…


  • Kirsch CPA Group
  • May 27, 2021

How Landlords Can Cope with Pandemic Fallout

How can tenants pay their regular monthly rent bills if they're out of job? As unemployment skyrocketed due to the COVID-19 pandemic, Congress enacted a series of laws designed to provide relief to renters and…


  • Kirsch CPA Group
  • May 27, 2021

As the Economy Warms Up, Will You Be Ready?

Preparing for a surge in demand for your business's products and services doesn't mean you have to go out on a financial limb. But some contingency planning may be in order. The Federal Reserve Bank…


  • Kirsch CPA Group
  • May 27, 2021

Sign Up for Email Updates