Oct 13, 2022 | Firm Updates, News Brief
The COVID-19 pandemic negatively affected many physicians’ practices over the past few years. As medical practices begin to fully rebound, this is an especially good time to evaluate your financial strategies to determine what’s still working and what needs to be...
Oct 13, 2022 | Firm Updates, News Brief
In a rapidly changing healthcare climate, it pays to put all options on the table when considering improvements to your practice. Some of the ways you’ve traditionally done business may be holding you back. Perhaps it’s time to consider outsourcing some activities to...
Oct 13, 2022 | Firm Updates, News Brief
According to a July 2021 update by McKinsey & Company, telehealth surged in the United States to a peak in April 2020 of about 78 times higher than before the pandemic. It then dropped, stabilizing at about 13% to 17% across all specialties — which is about 38...
Sep 7, 2022 | Assurance, Firm Updates
In 2016, the Financial Accounting Standards Board announced a new accounting standard introducing the current expected credit losses (CECL) methodology. CECL is effective beginning January 1, 2023, early adoption is allowed. CECL will cover all financial instruments...
Aug 22, 2022 | Firm Updates, Small Business, Tax Tips
If you have not yet made the New York State (NYS) Pass-Through Entity Tax (PTET) election for 2022, you may opt-in through September 15, 2022, using NYS’ Pass-Through Entity Tax Annual Election application. An estimated payment is required upon opt-in. NYS...
