Tax Treatment of Debt Forgiveness: Watch Out for Tax Bills Delivered COD

Debtors typically experience a feeling of relief when a creditor agrees to forgive their debt. But that feeling often is replaced by shock and confusion when they learn they owe taxes on so-called "cancellation of Read More


Kirsch CPA Group

Jan 18, 2023

Bankruptcy Law Changes: Silver Lining in Dark Cloud

Are you optimistic about the future of your small business? The National Federation of Independent Business (NFIB) reported in April 2022, that the number of businesses expecting brighter days ahead has dropped to its lowest Read More


Kirsch CPA Group

Jun 08, 2022