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From the Headlines to your Bottom Line

Employers: Consider Telemedicine and Make Sure Employees Use It

Telemedicine is the rapidly growing system for delivering health care services using telecommunications. It's where medical diagnostics and communications technology intersect. With outcomes that benefit employees and employers, telemedicine holds the promise of improving health care efficiency and quality as well as lowering overall cost. Yet many employees who have access to telemedicine aren't using it. Here's how to help make it work for your organization.
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Tax Reform: Which Changes Are Temporary vs. Permanent?

The Tax Cuts and Jobs Act calls for many changes to the tax rules for individuals and businesses. It's hard to keep track of what's permanent and which changes are scheduled to expire at the end of 2025. Plus, Republican lawmakers in the House have introduced a bill that proposes to make permanent some provisions that are currently temporary. Here's a scorecard to help you keep track of the details.
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Calculating W-2 Wages for Limitations on the QBI Deduction

Some parts of the Tax Cuts and Jobs Act simplify the tax code but others add complexity. When it comes to the new qualified business income (QBI) deduction for pass-through entities, the devil is in the details. Recently issued IRS proposed regulations help businesses understand how to calculate the QBI deduction. Here, we cover the limitations based on W-2 wages and the basis of qualified property.
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How We Add Up

"Our clients rely on Fust Charles Chambers to provide innovative thinking by anticipating changes in tax laws, accounting methods and industry and economic trends. At other times, our clients depend on us to act as a sounding board for their ideas and concerns. We’re proud to be part of our clients’ team with the purpose of assisting them in attaining their goals and objectives."

- Joseph L. Charles, Partner