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There are many family-owned businesses in the United States, and quite a few of them are facing ownership-transfer issues as their Baby Boomer founders retire. ...
Spotlight: The Path™
Learn how Kirsch CPA Group’s proven advisory framework, The Path™, gives business owners financial clarity, structure, accountability and better results.
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Aug 31, 2023
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6 Payroll Tax Obligations Employers Should Know
Aug 29, 2023There’s more to paying taxes than just federal and state income taxes. Another major tax chore for employers is payroll taxes. These expenditures can be s...
Using Analytics to Improve Efficiency for Audits
Aug 25, 2023Analytical procedures are required for all financial statement audit engagements, according to the auditing standards published by the American Institute of Cer...
Breakeven and Burn Rate: Valuable Tools for Managing Performance
Aug 15, 2023Breakeven and burn rate have historically been used to gauge the viability of start-ups and high-tech companies that have yet to turn a profit. But these analyt...
Is Your Business Eligible for ERC or Is It a Scam?
Aug 15, 2023“IRS cracks down on aggressive ERC marketing promoters and employers filing dubious claims” On July 26, 2023, the IRS Commissioner, Danny Werfel, announced ...
Valuing Professional Practices
Aug 14, 2023There are many types of professional practices. Examples include medical, architecture, engineering, accounting, advertising, design and law. From a business va...
What Construction Businesses With Inventory Should Know About Section 263A
Aug 14, 2023Section 263A is an often misunderstood and misapplied part of the Internal Revenue Code. And it’s one that many construction businesses — particularly h...
Successfully Navigating the Shift to Reshoring Manufacturing Production Can Be Tricky
Aug 13, 2023For decades, products that were made in America were synonymous with high quality and were manufactured in great abundance. Comparable products from other count...
Growth Secret: Working on Your Business vs. in It
Aug 07, 2023Entrepreneurs are typically overachievers who direct a laser-like focus on their business. Many feel responsible for managing the smallest details and responsib...
How Rising Interest Rates and Inflation May Affect Financial Reporting
Jul 28, 2023External market conditions may affect the amounts reported for certain items on the financial statements, including profits, loans, leases, investments and inta...
