New DOL Guidance on Blocking Retirement Plan Cyberattacks
The U.S. Department of Labor (DOL) is becoming alarmed by the growing prevalence and sophistication of cybercrime. In response to this mounting threat, the agency recently released a cybersecurity program best practices guide for employers…
- Kirsch CPA Group
- Jul 21, 2021
Important Considerations When Buying Another Construction Firm
Buying another construction firm can be an attractive way to grow your company's revenue base. A merger or an acquisition can allow you to: Add a new subcontracting specialty, Acquire an experienced labor force to…
- Kirsch CPA Group
- Jul 21, 2021
What Your Numbers Are Saying: Are You Listening?
Part 2: How Attractive Is Your Balance Sheet?
Most business owners take time each month to review the balance sheet. But are you using your balance sheet to make decisions for your business? What truly makes for a strong balance sheet? (hint: it’s…
- Kirsch CPA Group
- Jul 19, 2021
4 Ways for Manufacturing Companies to Improve Productivity
The basic formula for success in the manufacturing sector is simple: Produce more, spend less. So-called "lean" manufacturing is easier said than done, but there are several improvements that can increase your firm's output. Lean…
- Kirsch CPA Group
- Jul 07, 2021
5 Common Construction Accounting Risks — and How to Address Them
The primary focus of most contractors is to complete projects according to specifications, on time and on budget. For some construction businesses, accounting tasks that support jobs can take a backseat. Unfortunately, without accurate and…
- Kirsch CPA Group
- Jul 07, 2021
Got Remote Workers? You Need to Understand Jurisdiction
The pandemic isn't in the rearview mirror yet, but it's already clear that the U.S. business landscape has changed. Many employers, for example, are expected to allow their remote workforce to remain working from home…
- Kirsch CPA Group
- Jul 07, 2021
Advanced Child Tax Credit Payments – You may want to Opt Out
In June, the IRS sent letters regarding advance payments of the Child Tax Credit (CTC) to potentially eligible taxpayers. For 2021 only, the CTC increases to $3,000 per child between the ages of 6 and…
- Stephanie Rupnik
- Jun 30, 2021
Danger! How Nonprofits Often Lose Their Tax-Exempt Status
With all the legal hoops involved, it can be difficult for a not-for-profit to secure its tax-exempt status. The last thing you want after gaining this critical designation is to lose it. In the current…
- Kirsch CPA Group
- Jun 24, 2021
4 Pillars of Mid-Year Business Planning
Manufacturing firms normally create a business plan at year end that focuses on the upcoming year. However, today's market conditions are anything but "normal." So, it's important to take the time this summer to revisit…
- Kirsch CPA Group
- Jun 24, 2021
Preventing Theft of Your Business’s Trade Secrets
With millions of U.S. employees still working from home, companies' intellectual property (IP) is at greater-than-usual risk of theft, loss or compromise. IP includes trademarks, copyrights, patents and, the most common IP asset, trade secrets.…
- Kirsch CPA Group
- Jun 24, 2021