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Index (2870)
Jan 19, 2016 Practice Intelligence: Risk Management in the Health Care Industry Practice Intelligence: Business Solutions for Health Care Professionals Risk Management in the Health Care Industry Today more than ever, health care organizations (HCOs) are facing multiple risks on every front. Whether the risks are operational, technological, clinical, legal, or financial, an entity’s...
Jan 22, 2016 Estate Planning: Not Your Typical New Year's Resolution As seen in The Legal Intelligencer Around this time, New Year's resolutions are top of mind for many, and those goals are usually related to exercise, diet and job performance or advancement. Professional advisers, on the other hand, spend a significant amount of time with their clients near the end of the year,...
Feb 11, 2016 An Inbound Guide to Doing Business in the United States Presented by Citrin Cooperman - International Tax Practice An Inbound Guide to Doing Business in the United...
Alerts Feb 23, 2016 FATCA Relief for FFIs On January 19, 2016, the IRS published Notice 2016-8 providing relief to foreign financial institutions (FFIs) for several reporting requirements under...
Feb 25, 2016 Avoiding Panic Selling in a Declining Stock Market As seen in The Legal Intelligencer With memories of the 2008-09 market crash still fresh in the minds of many investors, the stock market got off to a miserable start as 2016 got under way. The selling started on the first trading day of the New Year and continued largely unabated throughout the rest of January. The S&P 500...
Alerts Mar 17, 2016 Congress Eliminates Popular Social Security Planning...
Apr 05, 2016 Your Rent Can Put You Out of Business News Nibbles: Big News in Bite Size Your Rent Can Put You Out of Business Too much above 6% of sales, and you are giving away profits Presented by Restaurant and Hospitality Practice The real estate market is competitive and rental rates are as high as ever. Too many operators focus only on the day-to-day operations of their business, and they...
Apr 05, 2016 Citrin Cooperman Corner: Seller Beware: 6 Reasons Why Deals Fall Through © CITRIN COOPERMAN & COMPANY, LLP CONNECTICUT | MARYLAND | NEW JERSEY | NEW YORK | PENNSYLVANIA | CAYMAN
Apr 13, 2016 Citrin Cooperman Corner: Best Practices in Managing Construction Projects from Start to Finish © CITRIN COOPERMAN & COMPANY, LLP CONNECTICUT | MARYLAND | NEW JERSEY | NEW YORK | PENNSYLVANIA | CAYMAN
CITRIN COOPERMAN YEAR IN REVIEW [PROGRESS] INSIDE Launch of New Brand Messaging Firm Growth 2015 Partner Update New Service Offerings New Internal Programs Thought Leadership Philanthropic Update Rankings & Awards Key Management [PROGRESS] [PROGRESS] Message from Joel Cooperman Welcome to Citrin Cooperman's inaugural edition of “Year in Review.” 2015 was a...
Insight Article The Dynamics of a Well-Written Suspicious Activity Report Narrative By Nick Bonnema, JD, Specialist, Compliance January 2016 Introduction A system providing for proper Suspicious Activity Report (SAR) completion and timely filing is an indicator of a strong Bank Secrecy Act (BSA) program that incorporates policies, procedures, and processes to properly monitor for suspicious...
Insight Article New Guidance for Public Business Entities By Brett Schwantes, CPA, Senior Manager January 2016 In December 2013, the Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) No. 2013-12, Definition of a Public Business Entity. This standard created a single definition for a “public entity” to be used for future standard...
Insight Article Meals and Entertainment Deductions By Kim Massopust, CPA, Tax Manager January 2016 Are you making the most of your meals and entertainment deductions? Whether you look at the 50 percent meals and entertainment limitation as the glass being half full or half empty, it is important to remember that the glass can be full as well! There are several exceptions that allow you to deduct...
Insight Article Health Care Trends and Issues for 2016 By Nicholas E. Smith, Director January 2016 2016 is sure to be exciting, as the pressure to cut costs will bring about newly emerging reimbursement methods, technological advances, and more efficient and value-driven health care service delivery. While change can be exciting, it can also create anxiety, especially among smaller rural and...
Insight Article Six Key Points About the Orthopedic Bundled Payments Initiative By Kim Heller, CPA, Partner (Part 1 of a 4-part series.) February 2016 The Centers for Medicare & Medicaid Services (CMS) and the federal government are working hard to ensure current and future Americans have access to high-quality health care and those same Americans don’t go to the...
Insight Article Telemedicine – A Cost-Effective Alternative to Improve Patient Access By Jeanne Chapdelaine, Director February 2016 Health care services have traditionally been conducted through faceto-face exchange of information between provider and patient, but advanced technology has changed how, when, and where patient care can be delivered. For example, many patients prefer...
Insight Article Are You Monitoring Your Advertising Purchases for Proper Taxability? By Craig Cookle, Partner – State and Local Tax Services, Wipfli LLP February 2016 How closely do you monitor your advertising-related purchases for compliance with state sales and use tax laws? Advertising-related purchases are facing increased scrutiny during sales and use tax audit examinations. How...
Insight Article Five Ways to Win by Doing the “Main Thing” By David Bue, Senior Manager, Strategic Advisory Services March 2016 The other day I was asked my opinion on what separates winners from losers in today’s banking environment. Without hesitation, I responded that the winners are focused on the “main thing.” That “main...
Insight Article Simplification of Accounting Items – Top 10 Ways to Make Your Life Easier in 2016 By Steve Jordan, CPA - Manager March 2016 You finally have the 2015 year closed, and your CPA firm has completed its annual audit and tax work. Now, how can you make 2016 a much more stress-free year? Our professionals have created a “Top 10” list just for you. Even if...
Insight Article Need a Service Provider for Your Employee Benefit Plan? Proceed With Prudence By Melissa Fisher, Senior Manager March 2016 Business owners are generally responsible for ensuring their 401(k) plans and other types of retirement plans comply with federal law. That includes the Employee Retirement Income Security Act (ERISA). To help carry out such responsibilities, owners often...
Insight Article To Accrue or Not to Accrue Distributions: That Is the Question By Laura Heleniak, Manager, and Dan Szidon, Partner March 2016 Entities that are organized as a pass-through entity (PTE), such as S corporations and limited liability companies, are generally not subject to federal or state income taxes. The shareholders (owners) of these entities report their share of taxable income...
Insight Article The Top 10 Pitfalls of Participating in the 340B Drug Pricing Program By Vicki Mueller, CPA, Manager March 2016 Given today’s declining reimbursement landscape, most health care organizations are engaging in additional cost-saving strategies. The federal 340B Drug Pricing Program is one such opportunity that is available to critical access hospitals (CAHs),...
Insight Article Orthopedic Bundles & Post-Acute Care Providers: Critical Analysis of the Current State By Patricia Boyer, MSM, RN, NHA, Director April 2016 The Comprehensive Care for Joint Replacement (CCJR) bundled payment model went into effect for hospitals in targeted geographic areas on April 1, but the stakes have just gotten higher for post-acute care providers everywhere. More...
Insight Article Improve Your Ransomware Awareness and Defense By Paul Johnson, Senior Manager March 2016 There’ve been a recent spate of ransomware attacks on organizations both small and midsized. One particularly high-profile case in February involved the Hollywood Presbyterian Medical Center in California. See our blog post. Attackers essentially shut down the hospital’s...
Insight Article Getting Ready for DOL’s Proposed Changes to FLSA Overtime Rules By Shelly Schwane, Senior Consultant March 2016 Can’t wait for summer? Neither can the Department of Labor (DOL)! At the recent 2016 American Bar Association’s midwinter meeting, Solicitor of Labor Patricia Smith announced that the final amendments to the Fair Labor Standards...
Insight Article Top 10 Processes for a Compliant Chargemaster By John Bartell, Health Care Consulting Partner April 2016 The following list contains 10 important processes that are essential to maintaining a compliant CDM. Studies have shown that many hospitals, even those who routinely review their CDM, fail to implement necessary changes to maintain a compliant CDM, which is critical for...
F O R E N S I C & VA L U A T I O N L OS T P R OF IT S The Basics of Lost Profits Calculations Consider these Scenarios Your company is the exclusive distributor of a line of auto parts in the United States. You discover the auto parts manufacturer is selling directly to your customers, behind your back, in violation of the distributorship agreement. You own a fast food franchise located...
EXPERTS' FORUM Accounting Fraud Prevention Tips for Businesses What is your company's annual revenue? Multiply that by seven percent. Why? According to the Association of Certified Fraud Examiners, businesses lose seven percent of annual revenue due to fraud. Prevention measures are often overlooked by growing businesses but should be incorporated into a business operational...
T-268D 12/2011 PERMISSION TO DISCLOSE TAX RETURN INFORMATION FROM EIDE BAILLY LLP TO A THIRD PARTY Federal law requires this consent form be provided to you. Unless authorized by law, we cannot disclose, without your consent, your tax return information to third parties for purposes other than the preparation and filing of your tax return. If you consent to the disclosure of your tax return...
Record Retention Guidelines Business records, especially those that are voluminous and bulky, should be disposed of as soon as they outlive their usefulness. To help our clients determine which records they should keep and for how long, we have printed the following schedule. (This schedule is only a guide. Special circumstances can alter the retention period.) Accident reports/claims (settled...
Health Care Reform Key Points Contact Us 855.220.8634 HealthCareReform@eidebailly.com w w w . e i d e b a i lly.com www.eidebai l l y . c o m Individual Implications • Individual mandate to have health insurance • Penalties applies if NO health insurance 2014 - $95 per person or 1% of income; • 2015 - $325 per person or 2% of income; • 2016 - $695 per...
S TAT E & L O CA L TA X SERVIC ES Ta x S e r vi c e s Should my company be concerned with state and local tax (SALT) issues? State and local city and county tax rules are constantly evolving and growing more complex, making it critical for companies of all sizes to understand the environments in which they operate in order to properly comply with the overabundance of state and local tax...
I NT E RNATI O N A L TA X S ERV IC ES Inter nat i ona l Ta x How can I benefit from working with international tax professionals? International tax laws and regulations are complex and affect your businesses’ growth and profitability. Whether you are a U.S. business pursuing foreign opportunities or an international firm entering the U.S. market, understanding how local tax...
OCTOBER 2015 SOURCE LINE YOUR SOURCE FOR BANKING REGULATION INSIGHTS HFIAA ESCROW AND EXEMPTION UPDATE INSIDE THIS ISSUE 2 Compliance Helpline Q&A 3 UDAAP: Still a Top Priority 4 Meet Ryan Capouch 4 Compliance Reminders The Homeowner Flood Insurance Affordability Act (HFIAA) was signed into law March 21, 2014, and the agencies issued their 190-page joint final rule on June 22,...
TA X SE RVI CE S A t a G l an c e • Provide tax services to 54,000 clients across the nation • Prepare 120,000 tax returns annually • Offer clients timely updates through our e-newsletter Industry-Leading Expertise Tax laws are complex and continually changing. Eide Bailly professionals stay abreast of the latest legislative changes and how they affect each...
TAX SOLUTIONS YOUR TAX NEEDS DON’T STOP AT YEAR-END NEITHER DOES OUR EXPERTISE TABLE OF CONTENTS Expect More from Your CPA Firm. . . . . . . . . . . . . . . . . . . . . . . . . 5 Cost Segregation. . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . . 7 State and Local Tax (SALT) . . . . . . . . . . ...
2015 YEAR-END W2/1099 This W-2/1099 Year-End Book is distributed with the understanding that the information contained does not constitute legal, accounting or other professional advice. It is not intended to be responsive to any individual situation or concerns, as the contents of this book are intended for general informational purposes only. Readers are urged not to act upon the information...
2015 - 2016 Tax Planning Guide Year-round strategies to make the tax laws work for you Dear Clients and Friends, Year end planning will always be a center piece of tax planning, but we believe minimizing your tax liability takes more than just annual year end planning. The best opportunities to enhance your ability to save or defer taxes come when you understand the...
POSSIBILITIES INSIGHTS FOR BUSINESSES & INDIVIDUALS FEBRUARY 2015 2015 Market Outlook What a predictable and very unpredictable year 2014 was. Yet, that could be said about every year. For starters, the U.S. economy picked up steam throughout 2014, and the S&P 500 Index racked up another double-digit gain following 2013’s 30 percent advance. Still, who would have...
POSSIBILITIES INSIGHTS FOR BUSINESSES & INDIVIDUALS JUNE 2015 You’ve Been Named as a Personal Representative to an Estate, Now What? Until you start planning for your own death or are named one, you are likely unaware of the title “personal representative of an estate,” let alone the responsibilities and duties attached to this title. Executor is the...
POSSIBILITIES INSIGHTS FOR BUSINESSES & INDIVIDUALS OCTOBER 2015 Retirement Planning: It’s Really About Cash Flow If you take time to think about it, retirement planning is really not about retirement, it’s about cash flow. It’s about doing things to create, or preserve, the largest amount of cash flow potential you can, at any point in time, so whenever...
POSSIBILITIES INSIGHTS FOR BUSINESSES & INDIVIDUALS FEBRUARY 2016 What Is an Audit and How Does It Compare to Other Assurance Services? Accounting is the language of business, and financial statements are how companies talk to investors, lenders and other outside parties. From family-owned businesses to large corporations, financial reporting is necessary to communicate results to...
January 2016 Enclosed for your convenience are the following items: Exhibit 1 Guide to Information Returns Exhibit 1(a) Supplemental Information Exhibit 2 Payments to Outside Providers or Contractors for Business Purposes Exhibit 3 Nontaxable Benefits Provided to Employees Exhibit 4 Payments to Directors Exhibit 5 Employee Business Expenses and Expense Accounts Exhibit 6 Record-Keeping for...
POSSIBILITIES INSIGHTS FOR FINANCIAL INSTITUTIONS JANUARY 2016 Conversation with Emily Hofer Possibilities recently sat down with Emily Hofer, CFO of Merchants State Bank in South Dakota, to discuss the state of banking. POSSIBILITIES: Congratulations on your recent election to the ICBA Federal Delegate Board. What do you think are the major issues facing community banks right now? Emily: I...
JANUARY 2016 SOURCE LINE YOUR SOURCE FOR BANKING REGULATION INSIGHTS NOT TOO EARLY TO THINK ABOUT HMDA INSIDE THIS ISSUE 2 Compliance Helpline Q&A 3 Military Lending Act and Expanded Protections 4 Meet Jason Kohout 4 Compliance Reminders Enacted in 1975, the Home Mortgage Disclosure Act was designed with two purposes in mind. The first of these was to assist the public...
APRIL 2016 SOURCE LINE YOUR SOURCE FOR BANKING REGULATION INSIGHTS INSIDE THIS ISSUE 2 Compliance Helpline Q&A 3 Eide Bailly Events 4 Meet Angie Marble Compliance Reminders ARE YOU BANKING PRIVATELY OWNED ATMS? More businesses are beginning to have privately owned Automated Teller Machines. Do you know if any of your business customers have one? If so, have you stepped up your...
Let your manufacturer’s operating report inspire you You likely prepare and send an operating report to your manufacturer every month. How you use the report beyond sending it to the factory can have a big impact on your dealership’s profitability. Here are some ideas for using your monthly operating report as a tool to stay on track as the year progresses. Keeping an eye on...
Beyond Borders: International Issues for Nonprofits June 18, 2013 Welcome We are pleased to welcome you to today’s webcast. In order to qualify for your CPE Certificate, you will need to: • Remain logged on for at least 50 minutes • Respond to at least 3 of the 4 polling questions that will be presented We would appreciate if you would complete the evaluation...
Concerns About Risks Confronting Boards Fifth Annual Board of Directors Survey | 2014 Table of Contents 1 | Introduction 2 | About the Research 4 | Key Observations and Insights 7 | Concerns About Risks Confronting Boards 20 | About EisnerAmper 21 | Contacts Concerns About Risks Confronting Boards Fifth Annual Board of Directors Survey Introduction Our 5th annual edition of Concerns...
