Physician Services
Remember tax breaks for volunteering
Whatever the need, medical professionals volunteer their time and talents with unquestionable generosity. And they certainly are not motivated by tax breaks. Most volunteers probably never think that they are entitled to deduct the expenses they incur in helping a charitable organization. (6/22/2009)
Internal controls help prevent fraud in your practice
Imagine receiving bounced check notices from your practice’s bank account. Upon investigation, you learn that your bookkeeper has been embezzling funds to purchase lottery tickets. Sound far-fetched? Here are some tips to keep it from happening to you. (6/8/2009)
Steps you can take to reduce accounts receivables
What could your practice do with $75,000? That's the average amount your practice could add to your revenue simply by improving the management of your accounts receivable. (5/25/2009)
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The technical information here is necessarily brief. No final conclusion on these topics should be drawn without further review and consultation. Please be advised that, based on current IRS rules and standards, the advice contained herein is not intended to be used, nor can it be used, for the avoidance of any tax penalty assessed by the IRS.