Does your Business Deduct Research & Development Expenses? Major Changes Impact 2022 Taxes…
The 2017 Tax Cuts and Jobs Act (TCJA) included a deferred provision that changes the way research and development (R&D) expenses are deducted for tax purposes beginning with the 2022 tax year. Prior to 2022, Read More
Nov 09, 2022
What a Business Valuation Is – and Isn’t
When an entire specialty has been built around a single business metric, it suggests a great need in the marketplace. But a need for what, exactly? “Business valuation” sounds like a straightforward concept, but in Read More
Oct 19, 2022
Case Study: Strategic Accounting Support from Acquisition to Sale
Download our case study to learn how Kirsch CPA Group supported a Cincinnati entrepreneur from a business acquisition through a successful sale – and everything in-between. The owner and CEO of Cincinnati-based design consultancy Kaleidoscope Read More
Sep 20, 2022
What Do the New Lease Accounting Standards Mean for Your Business?
For private business owners who have been hearing about a proposed accounting change for lease accounting, a decade of back-burner speculation has come to an end. The new accounting standard, also known as “ASC 842,” Read More
Aug 31, 2022
New Guide: Are You Ready to Take Control of Your Profitability?
In our latest guide, Build a Better Business by the Numbers, we explore the common pitfalls of profitability and how to avoid the mistakes that will harm your bottom line. Understanding your profitability starts with Read More
Aug 26, 2022
Hiding Places for Unprofitability in Your Business
The business landscape has so many unexpected events and impossible-to-predict circumstances that metrics describing an organization’s financial health can seem relatively straightforward by comparison. It’s money in and money out, for the most part. However, Read More
Aug 17, 2022
How Small Businesses Can Deflate Their Inflation Risks
From soaring gas and food prices to hikes in rent, the signs of inflation are popping up everywhere. The latest Consumer Price Index Report (CPI) showed that between June 2021 and 2022, inflation rose 9.1%, Read More
Aug 16, 2022
Do Your ESG Initiatives Open the Door to Fraud?
Within a relatively short period, corporate environmental, social, and governance (ESG) initiatives evolved from a disjointed and confusing set of goals to a more unified business imperative. This is largely because investors, employees, customers and Read More
Aug 04, 2022
How to Use the Cost Approach to Valuing a Business
The balance sheet — which shows a company's assets and liabilities — is a logical starting point for valuing certain types of businesses. The cost (or asset) approach specifically focuses on this part of a Read More
Jul 20, 2022
Janis Bergeron Named Kirsch CPA Group COO
In two decades with Kirsch CPA Group, Janis Bergeron has been at the center of multiple firm “firsts.” In 2010, Bergeron became the first Kirsch Group employee to work remotely, long before remote work was Read More
Jul 01, 2022