Depending on the nature of your not-for-profit organization, there’s more than one accounting method to follow. One option is fund accounting, which promo...
Refresher on First-Year Section 179 Depreciation Deductions
Nov 20, 2024Internal Revenue Code Section 179 potentially allows significant first-year depreciation deductions when your business places qualifying assets into service. Yo...
Company Holiday Parties: Celebrate the Tax Breaks
Nov 15, 2024Are the costs of holiday parties tax deductible? Despite a recent crackdown on business entertainment expense deductions, your company’s holiday bash may ...
7 Tax Breaks for Business Buildings
Nov 06, 2024Businesses are returning to their regular work premises in droves. About 65% of U.S. businesses expect to implement return-to-office policies by the end of 2024...
How To Handle the Changes to R&E Tax Treatment
Nov 05, 2024The Tax Cuts and Jobs Act (TCJA) included a significant — but delayed — change to the tax treatment of research and experimentation (R&E) expenses under...
Preserve Your Business Legacy with Proactive Succession Planning
Nov 04, 2024Running a business requires a lot of hard work. As a business owner, you may be so focused on managing day-to-day operations and pursuing growth opportunities t...
Can Marketability Discounts Apply When Valuing Controlling Business Interests?
Oct 29, 2024Discounts for lack of marketability are well established when valuing minority interests in closely held businesses. But many valuation experts believe that con...
Kirsch CPA Group Named to INSIDE Public Accounting’s “Best of the Best”
Oct 29, 2024A focus on operational and financial excellence Hamilton, Ohio – Oct. 29, 2024 – INSIDE Public Accounting (IPA) has named Kirsch CPA Group a “Best of the ...
Overcome Profitability Challenges in Professional Services
Oct 29, 2024Profitability can be a difficult metric to measure in any industry, but owners of professional services businesses face an added challenge: underestimating the ...
Manufacturers: How Vulnerable Are You to Fraud?
Oct 25, 2024Fraud is a significant problem for all businesses, but the manufacturing industry is particularly vulnerable. According to the Association of Certified Fraud Ex...