Trader Status Offers Significant Tax Benefits

In January 2021, online day traders trapped institutional short sellers in a short squeeze by buying up shares of the video and computer game retailer GameStop. This episode brought attention to a number of issues Read More

Kirsch CPA Group

Apr 14, 2021

Important Tax Figures for 2021

The following table provides some important federal tax information for 2021, as compared with 2020. Some of the dollar amounts are unchanged and some changed only slightly due to inflation. Social Security/ Medicare 2021 2020 Social Read More

Kirsch CPA Group

Feb 04, 2021

Tax Benefit of Separating Repairs from Improvements

There's a world of tax difference between repairs to real estate property and capital improvements. And it's not just semantics. The characterization could result in an increase or decrease of thousands of dollars on your Read More

Kirsch CPA Group

Oct 19, 2020