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...

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Optimizing Business Losses

Jan 18, 2023 Kirsch CPA Group

Business losses can happen, whether you’re operating a new company that hasn’t yet earned a profit or a mature business that’s been squeezed b...

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Has the TCJA Lowered Your Taxes?

Mar 06, 2020 Kirsch CPA Group

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 ...

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Deducting Pass-Through Business Losses

Feb 23, 2023 Diane Glover

Many business ventures generate tax losses, especially in the first few years of operation or under adverse conditions. When can a pass-through loss be deducted...

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Frequently Asked Questions

How can I manage cash flow better?

Good cash flow management and forecasting are essential for maintaining the financial health of your business. Having a rolling 12-month forecast of revenues and expenses helps you proactively avoid shortfalls and capitalize on opportunities. Learn more >

How can my business benefit from outsourced CFO services?

Outsourced CFO services, also known as fractional or virtual CFO services, let small and mid-size businesses leverage the deep financial expertise and strategic insights needed to accelerate growth and profitability for a fraction of the cost of hiring a full-time CFO. Key offerings include profitability analysis, cash flow forecasting, KPI benchmarking, and budgeting. Learn more >

How can I ensure that I don’t pay more taxes than necessary?

Effective tax planning involves leveraging all available tax credits, avoiding unpleasant surprises, keeping up with changes in the law, and ensuring you pay only your fair share. Learn more >

How can a CPA firm increase the profitability and value of my business?

When you partner with an accounting firm that offers advisory services, you will have the clear financial visibility needed to confidently make big decisions and drive profitable growth for your business. Learn more >

What should I look for in an outsourced accounting firm?

Growing a business requires more than tax preparation and basic accounting services. You need a holistic and forward-looking approach to your financial health. For best results, look for a partner who employs a proven process and a diverse range of services tailored to optimize cash flow, increase profitability, and maximize the value of your business. Learn more >