Kirsch CPA Group

Typically, amounts paid directly or indirectly by employers to employees for services rendered are taxable. However, certain employee recognition awards considered tangible personal property may be deductible to employers and tax-free to workers. Learn the tax implications of various awards. https://lnkd.in/gjZ4k3BK

As you're likely aware, employers must withhold Social Security and Medicare taxes from employee wages. But there's an additional Medicare payroll surtax that some higher-income workers will owe. Although employers don't have to pay it, they do need to withhold it. Here's how to fulfill your obligation. Our payroll team can help. https://lnkd.in/gywpraz4

Today's lunch turned into a frightful feast as our team competed in a Halloween Chili Cook Off! Our fearless contenders fired up the kitchen with their spicy concoctions, whipping together fang-tastic flavors for all to enjoy. Hats off to first-time Chili Cook Off winner, Jared Weyler, CPA! #KirschCPAGroup #accountants #cpa #ohio #hiring #bestplacetowork #ESOP

As election day approaches, it's important to understand the proposals on the table and their potential impacts on you and your business. Our team is here to support your business with your Tax Planning and Strategy needs. Contact us today! https://lnkd.in/gZyAKBCe Jared Weyler, CPA

The IRS may initiate an audit of a nonprofit for any number of reasons. This article looks at potential trouble areas and how nonprofits can reduce their audit risk. https://lnkd.in/gPdS22HB

Learn four strategies growth-minded construction businesses can use to ensure financial success and profitability in the face of economic uncertainty: https://ow.ly/Yv4S50SPus0

We invite you to join us this Thursday, October 24th from 4:30-6:30 p.m. for the Greater Hamilton Chamber Mix It Up event hosted at our office (Kirsch CPA Group, 2 S. 3rd Street, Suite 400, Hamilton, OH 45011). Network with Chamber members, connect with local businesses, and meet members of the Kirsch Team who can answer questions about our recently announced 100% Employee Stock Ownership Plan (ESOP). Refreshments provided. Let us know you are coming by registering with the link below. See you there! https://lnkd.in/gJjyNtWw

Financial forecasting is critical to maintaining any organization, but it can be more difficult for nonprofits than for businesses. This article looks at key inputs for nonprofits. https://lnkd.in/gg5mn8YD

Working capital is a measure of liquidity. High liquidity generally equates with low risk, but excessive amounts of cash tied up in working capital detract from other spending options, such as expanding to new markets, buying equipment, and paying down debt. Here are some best practices for managing your company's working capital. https://lnkd.in/gsCa3WEd

Any business that has employees could suffer payroll fraud and related schemes. This article explores common schemes and suggests ways to help detect or prevent them. Our payroll team can help. https://lnkd.in/grw59i5Y