How Landlords Can Cope with Pandemic Fallout

How can tenants pay their regular monthly rent bills if they're out of job? As unemployment skyrocketed due to the COVID-19 pandemic, Congress enacted a series of laws designed to provide relief to renters and Read More

Kirsch CPA Group

May 27, 2021

The Evolution of the Employee Retention Credit

The pandemic has adversely affected many sectors of the U.S. economy, causing widespread job losses. At the start of the national emergency, Congress created a novel tax break — the Employee Retention Credit (ERC) — Read More

Kirsch CPA Group

Mar 31, 2021

The Status of Temporary COVID Tax Relief Measures After the New Law

Before President Trump signed the latest economic stimulus law, several temporary COVID-19-related federal tax relief measures were set to expire on December 31, 2020. This article explains the current status of eight important temporary relief Read More

Kirsch CPA Group

Jan 21, 2021

Just in Time for the Holidays: Pandemic Relief for Individuals

On December 21, Congress passed the Consolidated Appropriations Act of 2021 (CAA), which provides pandemic relief for individuals and businesses, as well as other tax and health-related provisions. White House aides had indicated that President Read More

Kirsch CPA Group

Dec 23, 2020

Beware: Several CARES Act Tax Provisions Will Soon Expire

The CARES Act granted several valuable federal tax breaks for individuals and businesses. But most will expire at the end of 2020 or at the end of tax years that begin in 2020. Here's a Read More

Kirsch CPA Group

Dec 03, 2020

IRS Clarifies Rules Surrounding PPP Forgiveness

On November 18, the IRS published long-awaited guidance regarding PPP forgiveness and the deductibility of expenses paid with PPP loan proceeds. For most taxpayers, this means that expenses paid with PPP funds will be nondeductible Read More

Kirsch CPA Group

Nov 20, 2020

COVID-19 The Path Forward: Resilience, Recovery & Resurgence

Kirsch CPA Group is working and thinking outside the box alongside our clients to navigate the impacts of the COVID-19 pandemic. We are developing new, innovative ways that help support businesses as they respond and Read More

Diane Glover

Aug 24, 2020

CARES Act Changes Rules for NOL Carrybacks and QIP

Consider these two favorable federal income tax rule changes included in the Coronavirus Aid, Relief and Economic Security (CARES) Act when deciding whether to take advantage of first-year depreciation breaks for assets placed in service Read More

Kirsch CPA Group

Sep 15, 2020

Support for Business Owners

The COVID-19 pandemic rapidly altered how businesses across the country operate. The Kirsch team understands that this massive change is overwhelming and we are here to offer as much guidance and support for business owners Read More

Diane Glover

Mar 26, 2020

Cash Flow Tip: Postpone Payment of Certain Federal Employer Payroll Taxes

The Coronavirus Aid, Relief, and Economic Security (CARES) Act includes an opportunity for employers to defer a portion of their payroll tax deposits.   The Benefit: Postponing certain tax deposits for up to two years Read More

Sue Schloemer

Apr 20, 2020