Don’t Run Afoul of Private Inurement Rules

Aug 04, 2021 Kirsch CPA Group

Most not-for-profit executives are aware of the prohibition against private inurement. Generally, nonprofit directors and executives — and their family member...

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Protecting Manufacturers from Ransomware Attacks

Aug 04, 2021 Kirsch CPA Group

There has been a surge in ransomware attacks in recent years and an even greater acceleration in the first half of 2021. Virtually every type of business is at ...

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Don’t Miss These Often-Overlooked Overtime Pay Requirements

Aug 04, 2021 Kirsch CPA Group

When the U.S. Department of Labor (DOL) publicizes financial penalties it has levied against employers for overtime pay violations, it’s not hoping to sha...

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Mid-Year Financial Business Planning for Opportunities

Jul 30, 2021 Pete Abner

It’s halfway through the year, how is your business doing? Even if you are challenged with supply chain woes, hiring challenges, and tough financial decisions...

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Reap Tax Rewards from Securities Harvest This Fall

Jul 27, 2021 Kirsch CPA Group

With autumn coming up in a couple months, it’s time to think about “harvesting” capital gains or losses from sales of securities. In addition,...

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New DOL Guidance on Blocking Retirement Plan Cyberattacks

Jul 21, 2021 Kirsch CPA Group

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 agen...

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Important Considerations When Buying Another Construction Firm

Jul 21, 2021 Kirsch CPA Group

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 subc...

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What Your Numbers Are Saying: Are You Listening?
Part 2: How Attractive Is Your Balance Sheet?

Jul 19, 2021 Kirsch CPA Group

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 make...

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4 Ways for Manufacturing Companies to Improve Productivity

Jul 07, 2021 Kirsch CPA Group

The basic formula for success in the manufacturing sector is simple: Produce more, spend less. So-called “lean” manufacturing is easier said than do...

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5 Common Construction Accounting Risks — and How to Address Them

Jul 07, 2021 Kirsch CPA Group

The primary focus of most contractors is to complete projects according to specifications, on time and on budget. For some construction businesses, accounting t...

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