Does Your Business Need a CFO?

Most business owners recognize a chief financial officer (CFO) as the financial steward of an organization who can free them up to focus on growth and other areas. Yet, many small and medium-sized business owners…


  • Pete Abner
  • Jun 01, 2021

5 Steps to Finding the Sweet Spot for Business Success

Business owners almost always have a clear idea of what success will look like but converting a vision into reality and achieving a set of goals is a lot harder than establishing them. When goals…


  • John Kirsch
  • May 28, 2021

How to Approach Succession Planning

Does your organization have a succession plan in place? And, if it does, is it well documented? Some not-for-profits delay detailed succession planning, thinking of it as a project they'll get to "someday." But that's…


  • Kirsch CPA Group
  • May 27, 2021

Material Participation Standard is the Key to Unlocking LLC Tax Losses

Many privately held businesses have incurred losses during the COVID-19 pandemic. Unfortunately, the federal income tax passive activity loss (PAL) rules can limit an owner's ability to currently deduct tax losses thrown off by passive…


  • Kirsch CPA Group
  • May 27, 2021

How Landlords Can Cope with Pandemic Fallout

How can tenants pay their regular monthly rent bills if they're out of job? As unemployment skyrocketed due to the COVID-19 pandemic, Congress enacted a series of laws designed to provide relief to renters and…


  • Kirsch CPA Group
  • May 27, 2021

As the Economy Warms Up, Will You Be Ready?

Preparing for a surge in demand for your business's products and services doesn't mean you have to go out on a financial limb. But some contingency planning may be in order. The Federal Reserve Bank…


  • Kirsch CPA Group
  • May 27, 2021

Know Your Legal Obligations Under the Americans with Disabilities Act

In recent years, the Equal Employment Opportunity Commission (EEOC) has annually fielded around 25,000 alleged violations related to the Americans with Disabilities Act (ADA). And while the majority of these claims are deemed unworthy of…


  • Kirsch CPA Group
  • May 13, 2021

Is Your Staff Firing on All Cylinders? 6 Key HR Issues for 2021

Enduring a global pandemic may not be as traumatizing as military combat, but in both cases, the aftereffects can linger. When the smoke clears, there's a lot of rebuilding that needs to happen to return…


  • Kirsch CPA Group
  • May 13, 2021

Vacation Home Usage Has Tax Implications

Do you own a vacation home that's classified as a rental property for tax purposes? Rental property owners may be tempted to use their rental properties for their personal "staycations" or as remote office locations…


  • Kirsch CPA Group
  • May 13, 2021

Prevent Profit Fade On Your Projects

Have you ever completed a job only to realize that the cost of performing the work equals or exceeds the revenue that the project brought in? This phenomenon is called "profit fade" and, if it…


  • Kirsch CPA Group
  • May 13, 2021

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