Spotlight: The Path™

Learn how Kirsch CPA Group’s proven advisory framework, The Path™, gives business owners financial clarity, structure, accountability and better results.

LIFO vs. FIFO: Taking Stock of Your Inventory Accounting Method

Feb 10, 2023 Kirsch CPA Group

How inventory is accounted for can have a significant impact on your tax bill if your business involves the production, purchase or sale of products. In some ca...

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8 Ways to Insulate Your Construction Company Against Rising Costs

Feb 10, 2023 Kirsch CPA Group

The construction industry continues to face supply chain slowdowns, labor shortages and inflation — though the latter of the three has generally moderated a b...

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Key SECURE 2.0 Provisions for Employers

Feb 10, 2023 Kirsch CPA Group

The Setting Every Community Up for Retirement Enhancement 2.0 Act (SECURE 2.0) includes important changes that will affect employer-sponsored retirement plans a...

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Financial Benchmarking for Success

Feb 10, 2023 Kirsch CPA Group

A comprehensive benchmarking study can provide your business with a healthy start to the new year. By comparing your business’s financial performance to c...

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Tax Consequences of Borrowing From a Retirement Plan

Feb 03, 2023 Kirsch CPA Group

If your company has a qualified retirement plan or you have set one up in self-employment — such as a 401(k), profit-sharing, or Keogh plan — the pa...

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What Does SECURE 2.0 Mean for 403(b) Plans?

Feb 03, 2023 Kirsch CPA Group

The SECURE Act 2.0, a follow-up to the SECURE Act of 2019, was enacted in the waning days of 2022. This new law introduces sweeping changes for qualified retire...

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Tricky Tax Angles to Fringe Benefits

Feb 03, 2023 Kirsch CPA Group

Competition for top-notch workers can be fierce. Your business currently may be understaffed due to a number of factors — including the “Great Resignati...

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New Guidance on Safeguarding Crypto Assets

Feb 02, 2023 Kirsch CPA Group

In 2022, the value of the cryptocurrency market — including Bitcoin and Ethereum — tumbled by trillions of dollars. Despite this volatility, many people exp...

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Don’t Fall for Invoice Fraud Schemes

Feb 02, 2023 Kirsch CPA Group

Middle-market businesses lose an average of almost $300,000 annually to invoice fraud, according to a recent survey by software company Medius and researcher Ce...

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Looking to the Future when Valuing a Business

Feb 01, 2023 Kirsch CPA Group

Historical financial results are only relevant in a valuation to the extent that the business expects to achieve similar results in the coming years. When proje...

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