How Can Business Owners Lower Last Year’s Tax Bill?

Feb 18, 2021 Kirsch CPA Group

Good news! Business taxpayers may still be able to take actions to lower their federal income tax liabilities for 2020, as well as for future years. Consider th...

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Last-Minute Tips for Your 2020 Personal Return

Feb 18, 2021 Dreama Gordon-Tipton

Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember, you can extend the deadli...

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Opportunity Zone Investments: A Tax Deferral Opportunity You May Have Overlooked

Feb 17, 2021 Kirsch CPA Group

Many investors are unaware of the potential to defer taxes by investing in a qualified opportunity zone (“QOZ”). Created by the Tax Cuts and Jobs Act of 201...

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Are You Thinking About Selling Your Business?

Jul 20, 2024 Kirsch CPA Group

Private business owners today face a challenging landscape, and some are now considering selling their businesses before Congress has a chance to increase the r...

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CAA Offers Tax Breaks for Manufacturers

Feb 04, 2021 Kirsch CPA Group

The Consolidated Appropriations Act (CAA) — the massive spending package passed in December 2020 — includes many tax breaks designed to help businesses that...

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Important Tax Figures for 2021

Feb 04, 2021 Kirsch CPA Group

The following table provides some important federal tax information for 2021, as compared with 2020. Some of the dollar amounts are unchanged and some changed ...

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Contractors: Fraud Prevention Starts with You

Feb 04, 2021 Kirsch CPA Group

From equipment theft to padded time to cyberattacks, contractors are vulnerable to a variety of fraud schemes. According to the Association of Certified Fraud E...

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Is Your Estate Plan Aging as Gracefully as You Are?

Feb 04, 2021 Kirsch CPA Group

A lot can change over a lifetime — including with your wealth, family composition, and priorities. That’s why you need to revise your estate plan as you...

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Nonprofits Need to Educate Donors About New Tax Benefits

Feb 04, 2021 Kirsch CPA Group

The Consolidated Appropriations Act (CAA) enacted in December 2020 extends and modifies several key tax provisions originally included in the Coronavirus Aid, R...

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Three New Payroll Tax Provisions For Eligible Employers

Feb 04, 2021 Kirsch CPA Group

Signed into law in the waning days of 2020, the Consolidated Appropriations Act (CAA) provides some new tax breaks for employers — including three payroll-rel...

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