Knowledge and Insights: Newsletters
The Near-Term for Nonprofits
I am happy to report that once again, Kyle, Lovepreet and I visited Washington, D.C. to attend the American Institute of CPA’s Annual Not-for-Profit Conference, held each summer. While there,…
The Risk of Medicaid Recovery Audits
In the health and human services sector, the years-long transition in the provider claims payment system – from contracted cost to fee-for-service reimbursement – is nearly complete. One question that…
Moving from “Great, an Audit” to a Great Audit
“Oh great, an audit!” When the word audit is seen or heard by most people working in any type of organization, it usually invokes a negative response. They view the…
Internal Audit: When Outsourcing Should Be Considered
Expansion and growth present both excitement and challenges for a company. During such periods, new systems are introduced, processes are redesigned and refined, and employees are trained in the changes.…
Whether You Sell Your Business or Not, the Planning is the Same
There are many things for you to consider as you think about the future of your business ownership: When is the right time to move on? How much money will…
HIPAA Enforcement Reaches Record Levels
It is a well-publicized fact that HIPAA enforcement has been on the rise in recent years. The Office for Civil Rights (OCR) has now released its annual report, which confirmed…
A Tax Deduction for Charitable Giving for NJ?
New Jersey taxpayers may see a deduction for charitable giving for 2019 on the NJ-1040! On March 25, 2019, the Senate voted in favor of Bill No. S2179 that would…
How to Prepare Your 18-Year-Old for Financial Success
Your teenager is on the cusp of turning 18. As a parent, you want to ensure you make the correct financial decisions that set them up for a successful future.…
Opportunity Zones
On April 17, 2019, the Internal Revenue Service issued proposed regulations and further guidance related to Qualified Opportunity Zone (QOZ) investments. The Tax Cuts and Jobs Act signed into law…
Do You Know How to Identify Elder Fraud & Financial Abuse?
The Population Reference Bureau report, “Aging in the United States,” examines recent trends and disparities among adults ages 65 and older, and how baby boomers born between 1946 and 1964…