Help Staffers Boost Retirement Savings With a Roth 403(b) Plan
For-profit businesses with 401(k) retirement plans can offer Roth 401(k) plans to their employees. Likewise, not-for-profits can add a Roth feature. Roth 403(b) plans reward participants with tax benefits when they withdraw funds (as opposed…
- Kirsch CPA Group
- Mar 12, 2024
What You’re Missing If You’re Not Getting Good Monthly Financials
Many small and mid-size business owners think they are getting the monthly financials they need to make good decisions and maintain a source of transparency into the health of their business. However, there is a…
- Nick Roell
- Mar 12, 2024
Construction Companies Can Manage Their Workers’ Comp Costs
For construction businesses, workers' compensation insurance is a must-have. Unfortunately, because of factors such as inflation and labor shortages, the cost per claim has generally increased industrywide in recent years. It may seem like there's…
- Kirsch CPA Group
- Mar 11, 2024
How Accounting Expertise Can Add Value to a Business
Accounting has traditionally been focused on historical data and compliance for regulatory and lending purposes. However, it's now at the center of strategic decisions and value creation. Here are ways that accounting professionals can help…
- Kirsch CPA Group
- Mar 08, 2024
3 Ways to Accelerate Profitable Growth with QuickBooks
Growing a business is complicated, and success can be derailed by an uncountable number of fluctuating circumstances. Even so, there are certainties. One of them is this: the more visibility you have into the financial…
- Nick Roell
- Mar 06, 2024
New Guide: In-House vs. Outsourced Accounting Services: Which Is Right for Your Business?
When your business grows, your accounting processes have to grow with it. Otherwise, what should be a cause for celebration can quickly leave you struggling to keep up and short of the financial data you…
- Kirsch CPA Group
- Mar 01, 2024
Applying for a Commercial Loan with Confidence
Few and far between are businesses that can either launch or grow without an infusion of outside capital. In some cases, that capital comes in the form of a commercial loan from a bank or…
- Kirsch CPA Group
- Feb 28, 2024
Keys to Avoiding Payroll Tax Trouble
What would happen if your company failed to pay the IRS payroll taxes when they're due? You could be on the hook for penalties and, if you're treated as a "responsible party," held personally liable…
- Kirsch CPA Group
- Feb 27, 2024
Why Footnote Disclosures Are Important
Footnote disclosures provide insight into account balances, accounting practices and potential risk factors. This information helps lenders, investors and other financial statement users make well-informed business decisions. Here are five critical risk factors that financial…
- Kirsch CPA Group
- Feb 26, 2024
QBI Deduction: Use It or (Possibly) Lose It
The qualified business income (QBI) deduction is available to eligible individuals through 2025. After that, it's scheduled to disappear, unless Congress passes legislation to extend it. With 2024 underway, it's now use-it-or-lose-it time for the…
- Kirsch CPA Group
- Feb 26, 2024