In the News

Copyright 2017
When it comes to setting up a tax-favored retirement plan medical practice partnerships must follow essentially the same federal income tax rules as other employers.
Copyright 2017
It turns out that keeping patients in the hospital for just one day longer can saves lives, lower costs and reduce readmissions.
Copyright 2017

Early in the history of the Health Insurance Portability and Accountability Act (HIPAA), violations typically involved receiving a warning letter from the Department of Health and Human Services (HHS). It was basically toothless and carried no penalties.

Copyright 2017

Nearly every physician has claims denied from time to time. Medicare, as a government program, has its own way of doing things. As you know, the process is different from insurance companies, which also have their own way of handling claims. 

Copyright 2017
Thinking about joining a medical practice? You obviously need to perform a due diligence investigation to help obtain basic financial information.
Copyright 2017

If you are starting a new medical practice, you may incur several different types of "pre-opening expenses." By pre-opening expenses, we mean those that are incurred during the period before the new practice is actually up and running and earning revenue. Special federal income tax rules apply to such pre-opening costs.

Copyright 2017

The IRS has a massive effort, launched in coordination with the U.S. Department of Justice, to identify and prosecute tax evaders from the medical profession.

Copyright 2017
Patients depend on physicians and assume they're empathetic. But when it comes to paying for services, a few patients expect that empathy to include letting your fee go if they ignore the bill.
Copyright 2017
These days, doctores find that many patients come into appointments having already diagnosed themselves based on information they found on the Internet.
Copyright 2017

Your medical practice, currently running as a C or S corporation, may be considering the idea of converting to a limited liability company (LLC) or limited liability partnership (LLP). Under the right circumstances, that could be a good idea from a tax perspective. Here's why: Both LLCs and LLPs can be treated as partnerships for federal tax purposes.

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