Introducing The Path™ – A Proven Framework for Business Owners Who Want Clear Direction and Better Results

Feb 05, 2026 Kirsch CPA Group

Growing a successful business is not a matter of luck, timing or nose-to-the-grindstone effort, though all of them have a role to play. It is hard — not becau...

READ ARTICLE

IRS to Discontinue Paper Checks

Jun 11, 2025 Sue Schloemer

Earlier this year, President Trump signed an Executive Order directing federal agencies to adopt electronic payment methods for all transactions with the Depart...

READ ARTICLE >

Protect Your Tax Identity: Understanding the IRS IP PIN

Mar 12, 2025 Jared Weyler

As identity theft continues to be a growing concern, particularly when it comes to filing taxes, the Internal Revenue Service (IRS) offers a tool to help secure...

READ ARTICLE >

Is Your Manufacturing Company Eligible for Clean Energy Tax Credits?

May 09, 2023 Kirsch CPA Group

The Inflation Reduction Act (IRA), enacted in late 2022, provides valuable tax credits that support clean energy manufacturing. Significantly, the law created t...

READ ARTICLE >

Resist Purging After Filing Your 2022 Tax Return

Apr 27, 2023 Kirsch CPA Group

The statute of limitations for the IRS to audit your tax return is typically three years. It begins on the later of: 1) the due date for your tax return or 2) t...

READ ARTICLE >

Deducting Business Meal and Entertainment Expenses

Mar 28, 2023 Kirsch CPA Group

The federal income tax treatment of business-related meal and entertainment expenses has been a moving target the last few years. If you’re confused about...

READ ARTICLE >

What Employers Need to Know About Payroll Tax Responsibilities

Mar 16, 2023 Kirsch CPA Group

As your payroll staff or provider can likely tell you, your organization is responsible for meeting several types of payroll tax obligations throughout the year...

READ ARTICLE >

LIFO vs. FIFO: Taking Stock of Your Inventory Accounting Method

Feb 10, 2023 Kirsch CPA Group

How inventory is accounted for can have a significant impact on your tax bill if your business involves the production, purchase or sale of products. In some ca...

READ ARTICLE >

The IRS Has Announced Various Tax Benefit Increases for 2023

Nov 30, 2022 Kirsch CPA Group

The IRS recently announced many inflation adjustments for the 2023 tax year. IRS Revenue Procedure 2022-38 provides details about these amounts. Because inflat...

READ ARTICLE >

Does your Business Deduct Research & Development Expenses? Major Changes Impact 2022 Taxes…

Nov 09, 2022 Elizabeth Michalak

The 2017 Tax Cuts and Jobs Act (TCJA) included a deferred provision that changes the way research and development (R&D) expenses are deducted for tax purpos...

READ ARTICLE >