The IRS recently issued guidance that provides a safe harbor allowing certain taxpayers to claim a deduction in 2020 for some otherwise deductible eligible expe...
Overtime Pay Rules for Fluctuating Workweeks
Dec 03, 2020If you pay employees who are nonexempt and who have fluctuating workweeks, there’s a formula you can use to calculate their overtime pay. The formula is l...
Should You Buy or Lease Equipment?
Dec 03, 2020If your business is in a position to acquire equipment or machinery, management faces a tough decision: Should you lease it, or should you buy it? There’s...
Year-End Estate Planning Tips for 2020
Dec 03, 2020Most people aren’t currently exposed to the federal estate tax, thanks to the generous unified federal estate and gift tax exemptions. However, there are ...
Will Your Work-From-Home Policy Continue, Post-Covid-19?
Dec 03, 2020Earlier this year, employers were polled by Mercer, a global benefits consulting service, to give their preliminary thinking about flexible work arrangements in...
Hiring an Accounting and Payroll Specialist
Nov 25, 2020Are you an experienced accounting and payroll professional? We are seeking your accounting expertise to help our business clients with bookkeeping and payroll. ...
IRS Clarifies Rules Surrounding PPP Forgiveness
Nov 20, 2020On November 18, the IRS published long-awaited guidance regarding PPP forgiveness and the deductibility of expenses paid with PPP loan proceeds. For most taxpay...
Kirsch CPA Group is Hiring an Administrative Specialist
Nov 19, 2020Do you enjoy working with people, managing day-to-day operations, collaborating with a team of professionals, and helping clients? If this sounds like you, then...
Guard Against Age-Bias Suits When Downsizing
Nov 12, 2020Historically, companies have downsized for many reasons, including mergers and acquisitions, changes in management philosophy and strategy, and increased use of...
Employee or Independent Contractor? The Rules May Be Getting Simpler
Nov 12, 2020From an employer perspective, using independent contractors provides greater flexibility in managing variable demands for particular services. And, frequently, ...