7 Tax Breaks for Business Buildings
Businesses are returning to their regular work premises in droves. About 65% of U.S. businesses expect to implement return-to-office policies by the end of 2024, in either a full-time or hybrid capacity, according to Resume Read More
Nov 06, 2024
How To Handle the Changes to R&E Tax Treatment
The Tax Cuts and Jobs Act (TCJA) included a significant — but delayed — change to the tax treatment of research and experimentation (R&E) expenses under Internal Revenue Code (IRC) Section 174. To the surprise Read More
Nov 05, 2024
Preserve Your Business Legacy with Proactive Succession Planning
Running a business requires a lot of hard work. As a business owner, you may be so focused on managing day-to-day operations and pursuing growth opportunities that you put succession planning on the back burner. Read More
Nov 04, 2024
Kirsch CPA Group Named to INSIDE Public Accounting’s “Best of the Best”
A focus on operational and financial excellence Hamilton, Ohio – Oct. 29, 2024 – INSIDE Public Accounting (IPA) has named Kirsch CPA Group a “Best of the Best” CPA firm for 2024, an annual ranking Read More
Oct 29, 2024
2024 Presidential Election Tax Proposal Summary
With the 2024 presidential election only a few days away, voters have seen a multitude of different policy proposals from both candidates, with tax policy being at the forefront. Although these are just proposals and Read More
Oct 28, 2024
5 Ways for Your Nonprofit to Weather Economic Uncertainty
No one can predict with certainty where the U.S. economy will be at the end of 2024 or in 2025. The presidential election, interest rates, inflation, overseas conflicts and the recent stock market performance all Read More
Oct 11, 2024
IRS Targets Partnership Tax-Reduction Tactic
The IRS recently announced the launch of a new multistage regulatory initiative intended to close what it calls a "major tax loophole exploited by large, complex partnerships." The IRS's actions are prompted by its belief Read More
Oct 01, 2024
How a Budget Can Contribute to Your Success
One reason many people disdain the budgeting process is that they associate budgets with restraint — that is, not spending money for something because it's not in the budget. However, if you're calling the shots, Read More
Sep 30, 2024
When Employee Awards and Gifts Are Tax Deductible
Let's say your company wants to commemorate the long career of a retiring employee instrumental in its success. It hosts an evening celebration that culminates with the presentation of a plaque and an expensive gift. Read More
Sep 26, 2024
Business Owners: Expiration Date Is Approaching for Certain TCJA Provisions
The Tax Cuts and Jobs Act (TCJA) included many important federal income tax provisions that affect small business taxpayers and their owners. Some of these provisions are scheduled to expire in the near future, unless Read More
Sep 18, 2024