Nonprofits Need to Educate Donors About New Tax Benefits

The Consolidated Appropriations Act (CAA) enacted in December 2020 extends and modifies several key tax provisions originally included in the Coronavirus Aid, Relief, and Economic Security (CARES) Act. The CARES Act provided several forms of…


  • Kirsch CPA Group
  • Feb 04, 2021

Three New Payroll Tax Provisions For Eligible Employers

Signed into law in the waning days of 2020, the Consolidated Appropriations Act (CAA) provides some new tax breaks for employers — including three payroll-related items. These are the employee retention tax credit, family and…


  • Kirsch CPA Group
  • Feb 04, 2021

Is your business eligible for the Employee Retention Credit?

What is the Employee Retention Credit? Under the Consolidated Appropriations Act, 2021, employers negatively impacted by the pandemic can offset the employer portion of payroll taxes through the Employee Retention Credit (ERC).  The ERC can…


  • Sue Schloemer
  • Jan 21, 2021

Safely Send Documents Electronically to Kirsch

Printers, pens, stamps, envelopes … In this age of technology, these aren’t necessary to work with Kirsch CPA Group. If your life can be simplified and more secure, why shouldn’t it be? Technology makes it…


  • Kirsch CPA Group
  • Jan 21, 2021

Time to Take Another Look at Health Savings Accounts

Pandemic-related financial pressure is forcing some businesses to take a long, hard look at their health insurance plans and other benefits offered to employees. One practical solution has been gaining traction: the introduction of Health…


  • Kirsch CPA Group
  • Jan 21, 2021

Protecting the Elderly from Con Artists

Even in normal times, elderly Americans are vulnerable to con artists. But the COVID-19 pandemic — which has disrupted most seniors' regular activities and cut many off from face-to-face contact with family — has raised…


  • Kirsch CPA Group
  • Jan 21, 2021

The Status of Temporary COVID Tax Relief Measures After the New Law

Before President Trump signed the latest economic stimulus law, several temporary COVID-19-related federal tax relief measures were set to expire on December 31, 2020. This article explains the current status of eight important temporary relief…


  • Kirsch CPA Group
  • Jan 21, 2021

PPP Loan Changes Included in the New Appropriations Act

The Consolidated Appropriations Act (CAA) extends, liberalizes and expands the Paycheck Protection Program (PPP). Originally established by the CARES Act, the PPP expired on August 8, 2020. Now the CAA resurrects it. Here are the…


  • Kirsch CPA Group
  • Jan 21, 2021

Ways to Fully Deduct Business-Related Meals

Restaurants have struggled mightily during the COVID-19 pandemic. Thankfully, they're specifically targeted for a new tax relief measure found in the massive Consolidated Appropriations Act (CAA), which became law on December 27, 2020. The new…


  • Kirsch CPA Group
  • Jan 21, 2021

Is Your Business Eligible for the Second Round of PPP Loans?

The second round of PPP loans is approved. Banks will begin accepting applications for second-time borrowers on January 13, 2021. Is your business eligible? Second-time PPP borrowers will apply using Form 2483-SD. To determine your…


  • Kirsch CPA Group
  • Jan 12, 2021

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