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 Read More


Kirsch CPA Group

Feb 28, 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 Read More


Kirsch CPA Group

Feb 26, 2024

An Overview of the Percentage of Completion Accounting Method for Construction Businesses

In the complex and sometimes chaotic world of long-term construction projects, many contractors find themselves struggling to accurately align the revenue coming in with the expenses being paid out. This is where the percentage of Read More


Kirsch CPA Group

Feb 13, 2024

7 Tasks For a Successful Nonprofit Finance Committee

A nonprofit's finance committee oversees and keeps its board of directors apprised of the organization's overall financial health. This should be more than simply scanning financial reports. An active finance committee is crucial to maintain Read More


Kirsch CPA Group

Jan 29, 2024

Construction Companies: Lean Into Tech to Optimize Accounting and Financial Management

The construction industry is renowned for its quality craftsmanship. However, it's also sometimes known for a historical reluctance to adopt new technology. When it comes to your construction company's accounting and financial management, there's never Read More


Kirsch CPA Group

Dec 05, 2023

10 Ways Construction Companies Can Tighten Up Their Estimates

In a perfect world, initial project estimates would match actual costs at the end of every job — with no hint of cost overruns or profit fade. But, let's be honest, that hardly ever happens. Read More


Kirsch CPA Group

Oct 10, 2023

7 Questions Contractors Should Ask Before Seeking Outside Financing

Construction companies can leverage loans, lines of credit and other such products to help ensure positive cash flow, build creditworthiness and fuel business growth. But the options can seem limitless and overwhelming. Here are seven Read More


Kirsch CPA Group

Sep 08, 2023

New Upcoming Requirement for Businesses that Receive Large Amounts of Cash

Does your business receive large amounts of cash or cash equivalents? If so, you're generally required to report these transactions to the IRS — and not just on your tax return. Beginning January 1, 2024, Read More


Kirsch CPA Group

Sep 07, 2023

Keep Money Laundering From Threatening Your Small Business

When criminals profit from illicit activities, they usually need to "clean" or disguise the proceeds of their crimes. Money laundering disconnects illegally acquired funds from sources that include theft, drug trafficking and terrorism. This makes Read More


Kirsch CPA Group

Sep 05, 2023

Start Succession Planning

There are many family-owned businesses in the United States, and quite a few of them are facing ownership-transfer issues as their Baby Boomer founders retire. Some older Generation X owners may even be pondering early Read More


Kirsch CPA Group

Aug 31, 2023