New truck fleet

Looming Tariff Threat Has Trucking Industry Anticipating a Difficult Road Ahead

Many transportation industry business owners who are scrambling for ways to fortify their businesses have few options for minimizing the impact of across-the-board-tariffs. Industry leaders have warned that small and midsize trucking businesses are likely Read More

Kirsch CPA Group

Mar 26, 2025

Generally Accepted Accounting Principles (GAAP)

Should Your Business Use GAAP Accounting?

It’s easy to understand why lending institutions and investors often require financial statements that comply with the standards of generally accepted accounting principles (GAAP). GAAP-compliant financial statements provide a level of transparency and reliability that Read More

Nick Roell

Feb 22, 2024

Financial Reporting

Is Your Financial Reporting on Target?

While your P&L paints a broad picture of financial viability, it may not be telling you the whole story. Too often, businesses have a financial reporting structure that makes it difficult to identify what’s driving Read More

Nick Roell

Mar 10, 2023

Kirsch Swoosh

Frequently Asked Questions

How can I manage cash flow better?

Good cash flow management and forecasting are essential for maintaining the financial health of your business. Having a rolling 12-month forecast of revenues and expenses helps you proactively avoid shortfalls and capitalize on opportunities. Learn more >

How can my business benefit from outsourced CFO services?

Outsourced CFO services, also known as fractional or virtual CFO services, let small and mid-size businesses leverage the deep financial expertise and strategic insights needed to accelerate growth and profitability for a fraction of the cost of hiring a full-time CFO. Key offerings include profitability analysis, cash flow forecasting, KPI benchmarking, and budgeting. Learn more >

How can I ensure that I don’t pay more taxes than necessary?

Effective tax planning involves leveraging all available tax credits, avoiding unpleasant surprises, keeping up with changes in the law, and ensuring you pay only your fair share. Learn more >

How can a CPA firm increase the profitability and value of my business?

When you partner with an accounting firm that offers advisory services, you will have the clear financial visibility needed to confidently make big decisions and drive profitable growth for your business. Learn more >

What should I look for in an outsourced accounting firm?

Growing a business requires more than tax preparation and basic accounting services. You need a holistic and forward-looking approach to your financial health. For best results, look for a partner who employs a proven process and a diverse range of services tailored to optimize cash flow, increase profitability, and maximize the value of your business. Learn more >