Refresher on First-Year Section 179 Depreciation Deductions

Nov 20, 2024 Kirsch CPA Group

Internal Revenue Code Section 179 potentially allows significant first-year depreciation deductions when your business places qualifying assets into service. Yo...

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Overcome Profitability Challenges in Professional Services

Oct 29, 2024 Nick Roell

Profitability can be a difficult metric to measure in any industry, but owners of professional services businesses face an added challenge: underestimating the ...

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Ensuring Profitability as Your Veterinary Practice Grows

Nov 08, 2023 Kirsch CPA Group

In a thriving pet care industry valued at nearly $36 billion, increasing profitability while growing your veterinary practice can be a challenging endeavor. The...

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How Business Valuation Professionals Estimate Reasonable Compensation

Sep 06, 2023 Kirsch CPA Group

Reasonable compensation is an issue that comes into play in divorce, shareholder disputes and tax cases. It’s also a common financial statement adjustment...

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Valuing Professional Practices

Aug 14, 2023 Kirsch CPA Group

There are many types of professional practices. Examples include medical, architecture, engineering, accounting, advertising, design and law. From a business va...

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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 >