Update on Executive Orders to Provide Financial Relief on Payroll Taxes

Update on Executive Orders to Provide Financial Relief on Payroll Taxes

Clarification from the IRS is now beginning to trickle in regarding the Executive Order signed by President Trump on August 8, 2020. The intent of the President’s order was to provide financial relief on payroll taxes to employees due to the ongoing Covid-19 pandemic. Our team would like to provide the following details regarding the order and subsequent IRS guidance, which has serious ramifications to consider. Continue reading
BREAKING NEWS! CMS TO REBRAND MEANINGFUL USE PROGRAM WITH NEW EMPHASIS ON INTEROPERABILITY, BURDEN REDUCTION

BREAKING NEWS! CMS TO REBRAND MEANINGFUL USE PROGRAM WITH NEW EMPHASIS ON INTEROPERABILITY, BURDEN REDUCTION

In a rule released this week (April 24), the Centers for Medicare & Medicaid Services (CMS) has announced its intention to overhaul the Meaningful Use program. In a press release, the federal agency said that it will be proposing to re-name the Meaningful Use program to “Promoting Interoperability.” CMS said the goals of the new program will be to: make it more flexible and less burdensome; emphasize measures that require the exchange of health information between providers and patients, and incentivize providers to make it easier for patients to obtain their medical records electronically. Continue reading
20 TAX-SAVING TIPS TO IMPROVE YOUR 2016 YEAR-END

20 TAX-SAVING TIPS TO IMPROVE YOUR 2016 YEAR-END

As 2016 comes to a close, are you thinking through your goals for 2017? How do you envision your practice growing in the years to come? Your Healthcare Management Consultants team understands the importance of forward-thinking and goal-setting! We want to ensure that you take advantage of 2016 tax-saving strategies reduce your 2016 tax liability! Continue reading