Important Changes to Beneficial Ownership Information (BOI) Reporting Deadlines

On February 18, 2025, action by the U.S. District Court for the Eastern District of Texas resulted in the reinstatement of the Beneficial Ownership Information (BOI) reporting requirements under the Corporate Transparency Act (CTA), making Read More


Sue Schloemer

Feb 21, 2025

Avoid Mixing Personal and Business Accounts

Small business owners and independent contractors are always looking for ways to save time. If you run your own business (or want to start one), it might seem tempting to have a combined business and Read More


Kirsch CPA Group

Feb 07, 2025

Five Ways to Improve Inventory Management

Efficient inventory management can substantially improve your firm's performance by helping to maintain high customer service levels and reduce variable costs. But reinforcing inventory management isn't a one-time project. It's a constant concern for manufacturers. Read More


Kirsch CPA Group

Feb 06, 2025

So Many KPIs, So Much Time: An Overview for Businesses

From the moment they launch their companies, business owners are urged to use key performance indicators (KPIs) to monitor performance. And for good reason: When you drive a car, you’ve got to keep an eye Read More


Kirsch CPA Group

Jan 29, 2025

Put a Business Valuation Pro on Your M&A Team

Global merger and acquisition (M&A) volume is expected to surpass $4 trillion in 2025, the highest in four years, according to Reuters. Reasons for the anticipated surge include recent interest rate cuts by the Federal Read More


Kirsch CPA Group

Jan 27, 2025

6 Reasons to Separate Real Estate from Your Business Assets

When businesses acquire real estate, they often title it under the company name. Although this might seem straightforward and logical, it's not always the best choice — particularly for properties expected to appreciate significantly in Read More


Kirsch CPA Group

Jan 24, 2025

Is Your Business Subject to CAT Tax?

Ohio's Commercial Activity Tax (CAT) has undergone significant changes for 2024 and 2025, reducing the tax burden for many small businesses. Here's a brief update on the CAT tax changes:   Increased exclusion thresholds: 2024: Read More


Sue Schloemer

Jan 15, 2025

Celebrating 100 Years of Service Milestones at Kirsch CPA Group

At Kirsch CPA Group, we are focused on creating a dynamic employee-owned organization where team members and clients have a lifelong home. This year, we are honored to celebrate a significant milestone as eight of Read More


Pete Abner

Jan 14, 2025

2025 Tax Outlook for Businesses and Their Owners

The Republicans will soon control the White House and both chambers of Congress, which will likely open the door for major tax legislation next year. Here are some thoughts on how this power shift could Read More


Kirsch CPA Group

Jan 13, 2025

Navigating the Corporate Transparency Act: Understanding BOI Reporting and Fines

The Corporate Transparency Act (CTA) was passed in 2021 and created a new mandate for beneficial ownership information (BOI) reporting to the Financial Crimes Enforcement Network (FinCEN) starting in 2024. This legislation aims to combat Read More


Sue Schloemer

Jan 13, 2025