The Wide-Ranging Inflation Reduction Act Is Signed Into Law

Congress has passed the Inflation Reduction Act (IRA) and President Biden signed it into law on August 16. The $740 billion law contains many tax breaks and raises revenue through a new minimum tax on Read More


Kirsch CPA Group

Aug 18, 2022

Reviewing Revenue Recognition for Construction Companies

While many businesses handle sales in a single transaction, construction contracts often cover months or even years and include multiple payments. As you're well aware, the longer-term nature of construction projects can prevent contractors from Read More


Kirsch CPA Group

Jul 20, 2022

Ensure Your Construction Accounting System Has the Right Features

Construction accounting is distinctively complex. Unlike other businesses that rely heavily on a general ledger to track finances, construction companies need to master a project-based approach to accounting. After all, each of your jobs serves Read More


Kirsch CPA Group

May 12, 2022

Prevent Profit Fade On Your Projects

Have you ever completed a job only to realize that the cost of performing the work equals or exceeds the revenue that the project brought in? This phenomenon is called "profit fade" and, if it Read More


Kirsch CPA Group

May 13, 2021