If you rent out a second home — or part of your main residence — you may be unclear about whether you need to pay self-employment (SE) tax on your net renta...
Do You Owe SE Tax on Home Rental Income?
Are You Using the Right Accounting Method for Your Business?
May 10, 2023The accounting method you currently use for your small business may no longer be appropriate due to changes in market conditions or within your company. The IRS...
How Construction Business Owners Can Prepare for an IRS Audit
May 10, 2023The IRS has historically considered construction a high-risk compliance industry because of its potential for cash transactions, underreported income and worker...
New SECURE 2.0 Act Boosts 401(k) Benefits
Apr 25, 2023The 401(k) plan is the most popular employer-sponsored retirement plan in the United States. As of September 30, 2022, more than $6.3 trillion in assets were he...
Navigate to Your Goals with Financial GPS
Jan 20, 2023Few business owners don’t see value in taking time to scrutinize their financial statements, especially at the end of the year. But do they take the time to d...
Does your Business Deduct Research & Development Expenses? Major Changes Impact 2022 Taxes…
Nov 09, 2022The 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 purpos...
What a Business Valuation Is – and Isn’t
Oct 19, 2022When 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 ...
8 End-of-Year Tax Planning Strategies for 2022
Oct 13, 2022As the economy marches through the final months of 2022, business owners will face ongoing changes this tax season. Even so, there is still time to take steps t...
Case Study: Strategic Accounting Support from Acquisition to Sale
Sep 20, 2022Download our case study to learn how Kirsch CPA Group supported a Cincinnati entrepreneur from a business acquisition through a successful sale – and everythi...
What Level of Audit & Assurance Services Are Right for Your Business?
Jul 11, 2022Putting your business financials and processes under the microscope can be an intensive process. At the same time, the benefits of your financials undergoing su...