Avoid IRA Rollover Tax Traps

An IRA rollover is usually a tax-smart move, because it allows you to continue to defer taxes on the amount you roll over. But Congress has laid traps for the unwary. Here's how to avoid Read More

Kirsch CPA Group

Sep 28, 2022

4 Important Changes on Your 2020 Tax Return

Last-Minute Tips for Your 2020 Personal Return

Goodbye, 2020. Hello, tax season. Individual taxpayers have until April 15, 2021, to pay Uncle Sam for taxes owed for 2020. (Remember, you can extend the deadline for filing your return until October 15, but Read More

Dreama Gordon-Tipton

Feb 18, 2021

Tax Implications of Holding Precious Metal Assets in Your IRA

Given today's stock market valuations and historically low-interest rates on fixed-income investments, some IRA owners may be interested in moving some funds from equities and low-risk securities (such as Treasuries and money-market funds) to precious Read More

Kirsch CPA Group

Dec 17, 2020

Stay Afloat with Tax-Favored Coronavirus-Related Distributions

The coronavirus (COVID-19) pandemic is causing economic hardship for many people and businesses in the United States. On March 27, the $2.2 trillion Coronavirus Aid, Relief, and Economic Security (CARES) Act was signed into law Read More

Kirsch CPA Group

Apr 10, 2020

Now May Be a Good Time for a Roth IRA Conversion

The coronavirus (COVID-19) outbreak is causing havoc in the global markets and the U.S. economy. In today's uncertain marketplace, it's important to stay on top of your financial status, including taking measures to protect your Read More

Kirsch CPA Group

Apr 09, 2020

Estate Planning

Remember To Take Required Minimum Distributions at Age 70 1/2 Or Face Penalties

Did you know there's a stiff penalty if you fail to take timely distributions from your IRA? Once you turn age 70½, you must start taking required minimum distributions (RMDs) from your traditional IRAs, including Read More

Sue Schloemer

Feb 17, 2017

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 >