Monthly Archives: September 2011
Written Proof needed for Charitable Contribution Deductions
The IRS continues to review charitable contributions claimed by high income taxpayers! Stick to the strict letter of the law and comply with all of the record keeping requirements when making charitable contributions. Be aware that recent tax law changes … Continue reading
Find Out if You Are Prepared For Version 5010
Summer is coming to an end, and the Version 5010 transition deadline is now only four months away! As the January 1, 2012 deadline approaches, your transition should be well underway. There are certain steps to be taking now during the … Continue reading
Knowing the Difference between an Independent Contractor and Employee
The determination of the worker’s status depends on the facts in each case. These facts define the business relationship of the parties at the time the services are rendered. Generally, a common law EMPLOYEE works for and performs services under … Continue reading
2012 e-prescribing penalty exemptions posted by CMS
Centers for Medicare & Medicaid Services (CMS) released a final rule detailing additional exemptions from the 2012 e-prescribing penalty for providers unable to comply with the current requirements. CMS finalized all exemption categories that were included in a proposed rule … Continue reading