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
FAQs About Fairness Opinions
Fairness opinions can help achieve shareholder and lender buy-in for your M&A plans. They can also preempt lawsuits, because managers and directors who obtain fairness opinions demonstrate that they acted in good faith, without fraud…
- Kirsch CPA Group
- Jan 20, 2022
Where Is My Federal and Ohio Refund?
Taxpayers have until Monday, April 18, 2022, to file their 2021 tax returns and pay any tax due. If you are expecting a refund, you can click the link below to quickly learn the status…
- Sue Schloemer
- Jan 13, 2022
8 New Year’s Resolutions for Business Owners
Have you compiled a list of New Year's resolutions for your business in 2022? Resolutions don't have to be limited to your personal life. Consider how you can improve in the upcoming year in your…
- Kirsch CPA Group
- Jan 06, 2022