Aug 6, 2024 | Firm Updates, News Brief
In any online environment, there are risks of computer systems being hacked, data being stolen or manipulated, and privacy breaches occurring. Unfortunately, many not-for-profit organizations are woefully underequipped to protect themselves from these attacks due to...
Aug 6, 2024 | Firm Updates, News Brief, Tax Tips
There are multiple ways that nonprofit organizations can lose their tax-exempt status, and it’s important for directors, employees, and volunteers to stay informed about what actions could potentially jeopardize the status. With a bit of increased awareness and...
Oct 30, 2023 | Firm Updates, News Brief
Sooner or later, a growing medical practice will need to take on another associate or partner to support that growth and keep the practice profitable long term. The risk, of course, is that you pick the wrong person and end up throwing a wrench into the works. Here...
Oct 30, 2023 | Firm Updates, News Brief
Over the past few years, as a result of the COVID-19 pandemic as well as other developments in the medical arena, practices have increasingly relied on technology. This includes the much wider use of telehealth as well as electronic health records (EHR), online...
Oct 30, 2023 | Firm Updates, News Brief
In a volatile economic environment where every dollar counts, your medical practice’s leadership needs to know the distinction between traditional tax deductions and depreciation-related tax breaks. For instance, a medical practice can take an immediate deduction for...
Oct 30, 2023 | Firm Updates, News Brief
In the face of constant reimbursement headwinds, efficient and effective fiscal policies are vital to prevent revenue leakage in your medical practice. Here are five keys to tightening up your business practices. Develop a solid cash flow system – Do you...
