Are Your Former Employees Eligible for COBRA?

If you've had to lay off employees as far back as Nov. 1, 2019, a tiny portion of the $1.9 trillion American Rescue Plan Act (ARPA) might go to them. That's the good news for…


  • Kirsch CPA Group
  • Apr 28, 2021

Tax Breaks for Green Manufacturers Are Expanded

In recent years, lucrative tax breaks for energy-efficient investments have enticed many manufacturers to "go green." At the end of 2020, the Consolidated Appropriations Act (CAA) was enacted, which includes various provisions that expand and…


  • Kirsch CPA Group
  • Apr 14, 2021

Temporary Changes to the Child and Dependent Care Credit

The American Rescue Plan Act (ARPA) includes major, but temporary, changes to the longstanding federal income tax child and dependent care credit. The changes are favorable for most taxpayers, except high-income individuals. Here's what you…


  • Kirsch CPA Group
  • Apr 14, 2021

Watch Out for COVID-19 Vaccine Scams

As millions of people sign up for COVID-19 vaccines across the United States, dishonest people see yet another opportunity to defraud, cheat or steal from unsuspecting victims. Don't let yourself be swept up in these…


  • Kirsch CPA Group
  • Apr 14, 2021

Know Your OSHA Obligations if COVID-19 Strikes Your Business

Not all employers are bound by the recordkeeping and reporting requirements established by the Occupational Safety and Health Administration (OSHA). Generally, an employer must have more than 10 employees to be subject to those legal…


  • Kirsch CPA Group
  • Apr 14, 2021

Trader Status Offers Significant Tax Benefits

In January 2021, online day traders trapped institutional short sellers in a short squeeze by buying up shares of the video and computer game retailer GameStop. This episode brought attention to a number of issues…


  • Kirsch CPA Group
  • Apr 14, 2021

Accounting Myth Busting: Switching Your Accountant Is Costly

Change is hard, even when you know it’s the right thing to do. That is just as true in business as in every other human endeavor. And so, we put it off. We find ways…


  • Kirsch CPA Group
  • Apr 09, 2021

Using Cash Flow Forecasting to Avoid Problems & Grow Your Business

Every business owner knows the importance of cash flow. It’s what keeps the lights on and keeps things moving forward. But cash flow is not the same thing as your bank balance today vs. yesterday.…


  • Kirsch CPA Group
  • Apr 07, 2021

Employee Retention Credit: Help for Nonprofits

If your not-for-profit managed to keep staffers employed throughout the COVID-19 pandemic, there could be a tax reward. Under the Coronavirus Aid, Relief, and Economic Security (CARES) Act, employers may be entitled to claim an…


  • Kirsch CPA Group
  • Apr 01, 2021

A Closer Look at Durable Power of Attorney

As the COVID-19 pandemic taught many Americans, serious illness may strike at any time and any age. Of course, in ordinary times, older Americans are at risk of becoming physically or mentally incapacitated. So if…


  • Kirsch CPA Group
  • Apr 01, 2021

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