Keeping our clients updated with the latest regulatory changes and tips for continued success.

The IRS Has Just Announced 2024 Amounts for Health Savings Accounts

May 23, 2023

The IRS recently released guidance providing the 2024 inflation-adjusted amounts for Health Savings Accounts (HSAs). HSA fundamentals An HSA is a trust created or organized exclusively for the purpose of…

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Strategies for Managing Conflict in a Dental Office Effectively

May 9, 2023

By: Frank Clark, Executive Coach, Fortune Management  Managing conflict is an essential leadership skill because conflict is an inevitable part of any workplace. For dental practice owners and their teams,…

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Have Employees Who Receive Tips? Here Are the Tax Implications

May 4, 2023

Many businesses in certain industries employ individuals who receive tips as part of their compensation. These businesses include restaurants, hotels and salons. Tip definition A “tip” is an optional payment…

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Key Tax Issues in Merger and Acquisition (M&A) Transactions

April 27, 2023

Merger and acquisition activity dropped dramatically last year due to rising interest rates and a slowing economy. The total value of M&A transactions in North America in 2022 was down…

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Tax Planning for Medical Practices

April 25, 2023

Learn the details of depreciation before buying equipment In a volatile economic environment where every dollar counts, your medical practice’s leadership needs to know the distinction between traditional tax deductions…

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IRS Guidance Coming Regarding the IRA’s Clean Vehicle Credit

April 20, 2023

The Inflation Reduction Act (IRA) extended and expanded the Section 30D Clean Vehicle (CV) Credit, previously known as the Electric Vehicle (EV) Credit. The credit now covers “clean vehicles,” which include…

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