Take Advantage of Tax Breaks for Small Businesses

Mar 17, 2022 Kirsch CPA Group

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 ...

READ ARTICLE

Manufacturers Need to Act Soon to Take Advantage of 100% First-year Bonus Depreciation

Mar 17, 2022 Kirsch CPA Group

First-year bonus depreciation typically creates a powerful tax incentive for eligible manufacturers to purchase qualified property needed for business reasons. ...

READ ARTICLE >

Do LLC Members Owe Self-Employment Tax?

Mar 17, 2022 Kirsch CPA Group

The federal tax code’s self-employment tax provisions were enacted long before the existence of limited liability companies (LLCs). As LLCs became increas...

READ ARTICLE >

How to Navigate Multistate Payroll & Sales Tax Obligations

Mar 15, 2022 Becky Byrd

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 owner...

READ ARTICLE >

In-Plan Annuities: A New Twist on the Traditional Pension Model

Mar 03, 2022 Kirsch CPA Group

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 mo...

READ ARTICLE >

Don’t Discount the Key Person Discount

Mar 03, 2022 Kirsch CPA Group

In the fourth quarter of 2021, CEO resignations were up 16% over the prior year, according to executive outplacement firm Challenger, Gray & Christmas. Rece...

READ ARTICLE >

How to Maximize the QBI Deduction Amid the Pandemic

Feb 24, 2022 Kirsch CPA Group

Since the qualified business income (QBI) deduction first become available in 2018, things have changed dramatically, mainly due to the various effects of the C...

READ ARTICLE >

Should You Diversify Your Investments with Rental Real Estate?

Feb 17, 2022 Kirsch CPA Group

Many people invest in marketable securities, including stocks, bonds, money market funds and real estate investment trusts (REITs). But a less conventional inve...

READ ARTICLE >

Due Diligence Considerations When Buying a Business

Feb 17, 2022 Kirsch CPA Group

Buyers of businesses generally prefer to arrange for an asset purchase transaction, instead of purchasing an ownership interest in the target business entity. W...

READ ARTICLE >

3 Ways Small & Midsized Businesses Can Maximize Tax Benefits

Feb 15, 2022 Sue Schloemer

Are you maximizing your tax benefits? From employee retention credits to tax credits for innovation, there are many strategies for small and midsized businesses...

READ ARTICLE >