Tag: Accounting Services

Construction companies have always faced challenges when it comes to cash flow. The difficulty largely springs from the often-lengthy gaps between winning projects, doing the work and receiving payments. As a result, it's critical for Read More

Payroll fraud is a threat to any business that pays employees or contractors. Unfortunately, this type of financial crime can go undetected for months — even years — and inflict significant losses.   Findings from Read More

Have you seen the forecast? No, not the weather forecast — but your not-for-profit's financial forecast. Financial forecasting is critical to any organization's good health, but it can be more difficult for nonprofits than for Read More

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

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