Tag: Accounting Services

Working capital management is a top priority for businesses today. Consulting firm The Hackett Group's 2023 Working Capital Survey reports that many companies are carrying high amounts of working capital on their balance sheets — Read More

Some business owners may be considering donating corporate stock to charities in 2024. Donations of public stocks are generally easy to value because their prices are listed on public stock exchanges. But valuations of private Read More

QuickBooks Desktop Subscriptions Discontinued: What It Means for Your Business Moving Forward Intuit has announced that after July 31, 2024, they will discontinue new subscriptions for several QuickBooks Desktop products in the US, including: QuickBooks Read More

Kirsch CPA Group recently hosted our inaugural Future Accountants Leadership Program and we are delighted with the outcome. Throughout the program, our goal was for local university accounting students to gain a firsthand experience of Read More

In an uncertain economy, it's important to use all possible methods available to analyze and evaluate your company's financial health. Here are two metrics owners and managers might find helpful: breakeven and burn rate.   Read More

In April 2024, the U.S. Department of Labor (DOL) issued a new final rule that's slated to expand the number of workers who are eligible for overtime pay under the federal Fair Labor Standards Act Read More

Solid cash flow forecasting and management practices are fundamental to robust financial health and strategic decision-making, but they’re often overlooked or shortchanged, especially in periods of sales growth. That can lead to missed opportunities and Read More

As the IRS ramps up efforts to address ineligible claims for COVID-related payroll relief, many small and midsize businesses who applied for funds under erroneous or narrow criteria could face an increased risk of audits Read More

With most states now offering entity level PTE taxes as a workaround for federal limits on deductions for state and local tax (SALT) payments for individuals, it’s a good time to review whether you should Read More

Understanding the payroll tax rules can be challenging when your company hires workers or the personal situations of existing employees change. Employers often have questions about their shifting recordkeeping and withholding requirements. Here are some Read More