Growth Strategies: How to Take Your Business to the Next Level

Once your business has survived the start-up phase, it's got a solid foundation to grow. Business and financial advisory services are critical at this stage of development. Here are some major areas or functions of Read More


Kirsch CPA Group

Apr 24, 2024

Are You Familiar With the FUTA Tax?

You're probably knowledgeable about the FICA tax, which was established by the Federal Insurance Contributions Act, and is paid by both employers and employees through payroll deductions. FICA tax includes a Social Security and Medicare Read More


Kirsch CPA Group

Apr 22, 2024

10 Ways Cloud Computing Can Benefit Manufacturers

The quest for skilled laborers As the end of the first quarter of the 21st century nears, cloud computing has become an integral part of the modern-day manufacturing environment, growing in leaps and bounds over Read More


Kirsch CPA Group

Apr 10, 2024

GAAP vs. Tax-Basis Accounting: What’s Right for Your Company?

Does your business need to prepare financial statements that conform to U.S. Generally Accepted Accounting Principles (GAAP)? Or can you simply generate financial statements based on the same methods you use for federal income tax Read More


Kirsch CPA Group

Apr 10, 2024

How Construction Businesses Can Better Manage Their Money

For construction businesses, financial management is notoriously complex. Contractors have to deal with the ebbs and flows of their respective markets, project-based pricing and collections, rising operating costs, and various other factors — not the Read More


Kirsch CPA Group

Apr 09, 2024

Court Rules Corporate Reporting Law is Unconstitutional but Requirements Remain

Under the Corporate Transparency Act (CTA), many businesses had to begin complying with new reporting requirements on January 1, 2024. But on March 1, 2024, the U.S. District Court for the Northern District of Alabama Read More


Kirsch CPA Group

Mar 27, 2024

Installment Sales Can Be a Win-Win for Buyers and Sellers

For federal income tax purposes, an installment sale is when at least one payment of proceeds from an eligible sale is deferred until after the end of the tax year in which the sale occurs. Read More


Kirsch CPA Group

Mar 25, 2024

Can Your Manufacturing Company Benefit From the Work Opportunity Tax Credit?

The quest for skilled laborers in the manufacturing sector continues. Indeed, more than 600,000 manufacturing-related jobs remained open in December 2023, according to the U.S. Bureau of Labor Statistics. The Manufacturing Institute, an independent industry Read More


Kirsch CPA Group

Mar 13, 2024

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 Read More


Kirsch CPA Group

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 Read More


Kirsch CPA Group

Mar 11, 2024