Artificial Intelligence Moves to the Nonprofit Forefront
AI has made an impact on a wide range of industries, including the nonprofit sector. Although some organizations might find this evolving technology daunting and cost-prohibitive, AI tools can help…
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A Good Business Plan Can Help Your Practice Thrive
For physicians who are obtaining loans to expand their practice — or simply to set up operations — generating a business plan makes sense. And with the current economic uncertainty…
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2021 Individual Taxes: Answers to your questions about limits
Many people are more concerned about their 2020 tax bills right now than they are about their 2021 tax situations. That’s understandable because your 2020 individual tax return is due…
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7 Steps to Handle a Down Economy
One ramification of the COVID-19 pandemic has been a down economy that has affected many sectors of our society — including medical practices. Physicians have felt the effects as patients…
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Can You Deduct Travel Costs to Monitor Properties?
The Internal Revenue Code allows the deduction of “ordinary and necessary” business expenses, including travel expenses while away from home overnight for business. This article summarizes a recent ruling by…
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Make the Most of Patient-Facing Technology
Patient-facing technologies — or a medical practice’s phone system, website and patient portal — offer new and current patients ways to access the practice’s services. The importance of these technologies…
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