IRS Targets Partnership Tax-Reduction Tactic

Oct 01, 2024 Kirsch CPA Group

The IRS recently announced the launch of a new multistage regulatory initiative intended to close what it calls a “major tax loophole exploited by large, ...

READ ARTICLE

Why Strategic Planning and Succession Planning Should Always Go Together

Oct 01, 2024 Kirsch CPA Group

Some small to midsize businesses engage in regular strategic planning, others let it fall by the wayside and adhere to a more “fly by the seat of our pant...

READ ARTICLE >

How a Budget Can Contribute to Your Success

Sep 30, 2024 Kirsch CPA Group

One reason many people disdain the budgeting process is that they associate budgets with restraint — that is, not spending money for something because it̵...

READ ARTICLE >

When Employee Awards and Gifts Are Tax Deductible

Sep 26, 2024 Kirsch CPA Group

Let’s say your company wants to commemorate the long career of a retiring employee instrumental in its success. It hosts an evening celebration that culmi...

READ ARTICLE >

Kirsch CPA Group Transitions to 100% Employee Ownership

Sep 25, 2024 Kirsch CPA Group

We’ve taken a big step at Kirsch CPA Group, and we’re excited to share what that means for all of us: clients, prospects, team members, aspiring team member...

READ ARTICLE >

Business Owners: Expiration Date Is Approaching for Certain TCJA Provisions

Sep 18, 2024 Kirsch CPA Group

The Tax Cuts and Jobs Act (TCJA) included many important federal income tax provisions that affect small business taxpayers and their owners. Some of these prov...

READ ARTICLE >

4 Strategies for Construction Companies Navigating Economic Slowdown & Labor Shortages

Sep 17, 2024 Anthony Lewis

Construction can be a challenging enterprise. Even when economic conditions are favorable, construction business owners need more than cookie-cutter financial s...

READ ARTICLE >

How Financial Statements Are Used to Value a Business

Sep 12, 2024 Kirsch CPA Group

Financial statements are an important piece of the business valuation puzzle. Appraisal professionals typically consider three approaches when valuing a busines...

READ ARTICLE >

7 Areas of Form 990 Audit Scrutiny

Sep 10, 2024 Kirsch CPA Group

The IRS can initiate an audit of your nonprofit organization for any number of reasons. But one of the most common is a red flag sent up by your annual filing o...

READ ARTICLE >

Tax-Smart Way to Hold Investment Real Estate

Sep 04, 2024 Kirsch CPA Group

Real estate can be an attractive long-term investment. But the legal entity you select to own property can have important tax implications. Here’s why sin...

READ ARTICLE >