How to Make the Most of the Annual Gift Tax Exclusion

The holidays often inspire a spirit of generosity. So, at year end, many people decide to give money or assets to their loved ones. Over time, lifetime gifts can also be an effective way for Read More

Kirsch CPA Group

Dec 02, 2021

House Democrats Release Tax Proposal

Recently House Democrats released a draft proposal of federal tax changes. Included in the proposal are numerous tax increases. These are proposals only at this point but provide some insight into changes that may eventually Read More

John Kirsch

Sep 17, 2021

How Virtual Currency Transactions Affect Your Tax Situation

Virtual currencies, also known as cryptocurrencies, have gone mainstream. For example, you can use Bitcoin to buy a Tesla, or you can use a Bitcoin wallet on your smartphone to make everyday purchases. But beware: Read More

Kirsch CPA Group

May 13, 2021

Tax Planning Tips for Individuals

It is the 4th quarter, it's time to think about your current federal tax situation. Tax planning strategies are especially complicated for 2020. There are a lot of moving pieces: The COVID-19 pandemic has caused Read More

Kirsch CPA Group

Oct 09, 2020

Tax Planning Tips for Business Owners

The 4th quarter of 2020 has begun and it is more important than ever to consider mid-year tax planning ideas. What steps can business owners take today to lower taxes for the current tax year? Read More

Kirsch CPA Group

Oct 09, 2020

Last-Minute Strategies for Businesses that Deferred Filing Tax Returns

During the COVID-19 crisis, some key tax deadlines were postponed until July 15, 2020. If your business and/or personal federal income tax return is still awaiting completion, you may have significant retroactive tax-planning flexibility. The Read More

Kirsch CPA Group

Jul 01, 2020

CARES Act Tax Provisions

On Friday, March 27, 2020, the Coronavirus Aid, Relief and Economic Security (CARES) Act was signed into law.  The Act includes numerous provisions that provide tax relief as a result of the Coronavirus epidemic. The Read More

John Kirsch

Mar 30, 2020

Tax Filing Deadline Remains April 15 – Payment Due Extended to July 15

3/20/2020 - UPDATE - Filing Deadline Moved to 7/15/2020 The IRS just announced that the tax FILING deadline is being moved to 7/15/2020 along with the previously announced tax payment deadline. 3/19/2020 - Tax Filing Read More

John Kirsch

Mar 19, 2020

Has the TCJA Lowered Your Taxes?

We now have two years of the Tax Cuts and Jobs Act (TCJA) changes under our belts: 2018 and 2019. Has the TCJA Lowered Your Taxes? Not surprisingly, the answer depends on your specific situation. Read More

Kirsch CPA Group

Mar 06, 2020

Introducing SafeSend Returns for Secure Delivery

UTILIZING TECHNOLOGY SOLUTIONS TO BETTER SERVE YOUR NEEDS Kirsch CPA Group is introducing SafeSend Returns™, an electronic system that automates the Delivery of Tax Returns to our clients. SafeSend Returns offers our clients an easier to Read More

Diane Glover

Jan 13, 2020