Tag: Accounting

The two newest members of the Kirsch CPA Group come to us with deep experience, diverse interests and a somewhat similar path into the accounting profession. Manager Nathan Esselburn and Senior Manager Anthony Lewis both Read More

The federal income tax rules for depreciating vehicles used for business are complicated. And different rules apply to different categories of vehicles. Special limitations apply to vehicles that are classified as passenger autos, including many Read More

There are many threats to business profitability and long-term success. Some of them hide behind numbers that look favorable on the surface. Others are easier to spot but difficult to implement. A third category of Read More

Unlike revenues, profitability can be a tricky metric for business owners. Growing your profitability is generally – and ideally – a long-term goal but unprofitability has a way of hiding in short-term numbers. If you’re Read More

Most business owners take time each month to review the balance sheet. But are you using your balance sheet to make decisions for your business? What truly makes for a strong balance sheet? (hint: it’s Read More

The primary focus of most contractors is to complete projects according to specifications, on time and on budget. For some construction businesses, accounting tasks that support jobs can take a backseat. Unfortunately, without accurate and Read More

When evaluating the financial health of your business, it’s important to look at a variety of indicators – but how can you be sure you have the right numbers? Are you as profitable as you Read More

Change is hard, even when you know it’s the right thing to do. That is just as true in business as in every other human endeavor. And so, we put it off. We find ways Read More

Is your accountant unintentionally holding back your business and costing you money and opportunity? The lifecycle of a business has many inflection points. The accountant you used when your biggest concern was filing a tax Read More

Construction accounting is different from the accounting practices of businesses that use only a general ledger. Because construction companies perform contract work and take on invoice-based jobs of varying sizes and durations, they must treat Read More