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Tuesday, February 26, 2019

Cost Report 101 Seminar

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THIS EVENT IS FULL- TO BE PUT ON THE WAIT LIST, PLEASE EMAIL JACKIEA@FCC-CPA.COM. Join us for a day centered around a walk-through of the Medicare cost report. If you are new to world of cost reporting or just want to learn more about how all the pieces of the cost report fit together and […]

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Monday, February 25, 2019

SIMPLE IRA vs. Solo 401(k): Which Is Right for Your Small Business?

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Small business owners have several options for their retirement plans. Two tax-smart and flexible alternatives are SIMPLE IRAs and solo 401(k) plans. If you’re eligible for these types of plans and you want to maximize your tax-deferred savings, which makes more sense? Here’s a series of side-by-side comparisons to help you decide. READ MORE

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Monday, February 25, 2019

I-9 Audits Are On the Rise: Be Prepared

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Audits of I-9 records quadrupled in 2018 over the prior year (the federal fiscal year). That means nearly 6,000 employers were audited, which led to several dozen civil and criminal convictions. The agency involved — Homeland Security Investigations (HSI) — “is carrying out its commitment to increase the number of I-9 audits in an effort to […]

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Wednesday, February 20, 2019

Free Webinar: Skilled Nursing Facility Medicare Reimbursement Update to the New Methodology

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Skilled Nursing Facility Medicare Reimbursement Update to the New Methodology Click below to view the presentation PDF document: Skilled Nursing Facility Medicare Reimbursement Update to the New Methodology The New PDPM Methodology for Medicare Reimbursement for Skilled Nursing Facilities and Rural Hospitals with Swing Beds: What you need to know before it’s here! Topics Covered: […]

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Tuesday, February 19, 2019

Payment Card Fraud on the Rise Despite Use of Chip Technology

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When the major U.S. credit card companies — including Visa, MasterCard, Discover and American Express — agreed to switched to chip-enabled payment cards, many saw it as way to chip away at billions of dollars in losses from payment card fraud. Unfortunately, more than three years after the major U.S. card companies mandated a liability shift […]

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Tuesday, February 19, 2019

Is an HSA Right for You?

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Health care costs have skyrocketed over the last few decades. Fortunately, health savings accounts (HSAs) allow qualifying individuals to pay for certain medical expenses with pretax dollars. Here is what you need to know to put an HSA to work for you. READ MORE  

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Tuesday, February 19, 2019

IRS Issues Final QBI Deduction Regulations

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The IRS has issued final regulations on determining allowable deductions based on qualified business income (QBI) from pass-through entities. This break is available only through 2025, unless it’s extended by future legislation. The QBI deduction was originally designed to achieve greater tax parity for pass-through business entities and C corporations, which are now subject to a flat 21% […]

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Monday, February 11, 2019

Making Smart Mergers and Acquisitions under Today’s Tax Law

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Many businesses will pay less federal income taxes in 2018 and beyond, thanks to the Tax Cuts and Jobs Act (TCJA). And some will spend their tax savings on merging with or acquiring another business. Before you jump on the M&A bandwagon, it’s important to understand how your transaction will be taxed under current tax law. […]

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Monday, February 11, 2019

IRS Offers QBI Deduction Safe-Harbor Rule for Rental Real Estate

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The IRS recently issued guidance on the new deduction for up to 20% of qualified business income (QBI) from pass-through entities under the Tax Cuts and Jobs Act (TCJA). It aims to clarify when the QBI deduction is available for income from rental real estate enterprises. READ MORE

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Friday, February 8, 2019

Medicare Cost Reports: Changes to Required Supporting Documentation for Submission

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The Federal Fiscal Year 2019 Inpatient Prospective Payment System (IPPS) final rule contained a provision which finalizes changes to the supporting documentation required for submission of an acceptable Medicare cost report.  The regulations at CFR §413.24(f)(5)(i) have been revised for all providers submitting a Medicare cost report to indicate that failure to submit the required […]

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