Don’t be surprised by Ohio Workers Comp Premium Adjustments
In an effort to reduce the burden to businesses during the COVID-19 pandemic, the Ohio Bureau of Workers Compensation has taken action that will result in lower advance premium payments during 2020. However, this action…
- Kirsch CPA Group
- Aug 18, 2020
Monitor These 3 Things as COVID-19 Changes Your Nonprofit’s Priorities
Several months into the COVID-19 crisis, most not-for-profit organizations have formulated at least a temporary plan for sustaining operations. But short-term solutions should be complemented by long-term strategic planning that reprioritizes objectives. Specifically, your nonprofit…
- Kirsch CPA Group
- Aug 11, 2020
Purchasing a Business Vehicle – What Is Deductible for 2020?
Purchases of a new and used business vehicle may qualify for tax breaks under current tax law. If you need a new vehicle to use for business purposes, review these details before you go shopping.…
- Kirsch CPA Group
- Aug 11, 2020
Midyear Tax Planning Strategies for Individuals
The extended July 15 deadline for filing your 2019 federal income tax return is behind us. Now it's time to think about your current federal tax situation. Tax planning strategies are especially complicated for 2020.…
- Kirsch CPA Group
- Aug 06, 2020
5 Mid-Year Tax Planning Tips for Business Owners
The second half of 2020 has begun and it is more important than ever to consider mid-year tax planning ideas. What steps can business owners take today to lower taxes for the current tax year?…
- Kirsch CPA Group
- Aug 06, 2020
PPP Loan Forgiveness Update
We understand that many PPP borrowers are anxious to get started with the loan forgiveness process for a variety of reasons. Our Covid-19 team has kept completely updated on all guidance issued and stands ready…
- Diane Glover
- Jul 29, 2020
FASB Offers Reprieve from Updated Lease and Revenue Recognition Rules
If you're feeling burned out from coping with extreme circumstances brought on by the COVID-19 pandemic, you're not alone. Fortunately, the Financial Accounting Standards Board (FASB) and Congress are offering some compliance-related relief for certain…
- Kirsch CPA Group
- Jul 23, 2020
Who Will Run Your Business After You?
If you're a business owner, do you have a plan in place that names who'll follow you as head of your company? You may feel you're too busy running the business today to waste time…
- Kirsch CPA Group
- Jul 23, 2020
COVID-19 Crisis May Affect Tax Angles for Rental Property Losses
The economic fallout from the COVID-19 crisis will cause many rental real estate properties to run up tax losses in 2020 — and possibly beyond. Here's a summary of important federal income tax rules for…
- Kirsch CPA Group
- Jul 10, 2020
HIPAA Special Enrollment during COVID-19 Emergency
Here's a HIPAA-related question from one employer. Q. How long are the extended HIPAA special enrollment periods during the COVID-19 emergency? A. In response to the COVID-19 emergency, the Department of Labor and IRS issued…
- Kirsch CPA Group
- Jul 10, 2020