2022
Showing 177–192 of 467 results
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Under stress – Conduct stress testing to stay competitive
Summer 2022
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 684
Abstract: Stress testing enables banks to simulate specific “disaster” scenarios and evaluate the bank’s (or loan’s) potential for withstanding them in terms of earnings, capital adequacy and other financial metrics. This article explains that such testing can provide valuable information about potential risks that community banks can use to stay afloat through inevitable economic ups and downs.
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Keeping up with the CECL standard
Summer 2022
Newsletter: Community Banking Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 875
Abstract: By now, all banks are familiar with the CECL model for estimating credit losses, and most have taken concrete steps toward adopting it. This article notes that banks that are behind schedule in their transition efforts need to kick those efforts into high gear. It explains that it’s also important for banks to evaluate — and, if necessary, update — their policies, procedures, systems and internal controls to ensure credit losses will be properly calculated and documented. A sidebar points out that the FASB has indicated that no further deferrals are expected.
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Hello and welcome! Decreasing your no-show rate
Summer 2022
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 444
Abstract: Every medical practice has its share of “no-shows,” when a patient misses an appointment without canceling in advance. No-show rates can range from 15% to as much as 30%, and the costs can add up. This article offers seven tips medical practices can use to reduce the number of no-shows. It points out that while missed appointments are a fact of life for any practice, it’s possible to diminish their impact on scheduling and find ways to decrease how often they occur.
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The ins and outs of Medicare audits
Summer 2022
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 618
Abstract: Medicare audits are an unpleasant fact of life for physicians and their medical practices. In today’s highly automated environment, in which claims data can be analyzed quickly and easily, any physician who practices medicine long enough will almost certainly wind up at the receiving end of one. This article offers suggestions on how physicians can ensure they withstand a Medicare audit — and come out on top by staying aware of how audits work and knowing how to respond to one.
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Are you suffering from revenue leakage?
Summer 2022
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 658
Abstract: In the face of constant reimbursement headwinds, efficient and effective fiscal policies are vital to prevent revenue leakage in a medical practice. This article suggests ways to tighten up business practices, including having a solid cash flow system and delving into the details of payer contracts. It notes that it’s important for any medical practice to stay on top of all these issues to avoid being blindsided by a problem that could have been avoided.
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Not bigger, better – How to safely grow your medical practice
Summer 2022
Newsletter: Rx for Practice Management / Practice Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 856
Abstract: In the context of a medical practice, more patients aren’t necessarily better — especially if the practice can’t handle the load, staff stress levels are high and morale is low. If a practice has more patients than it can handle and it still isn’t profitable, growth clearly isn’t helping matters. This article suggests that physicians need to redefine “growth” as “profitability.” It looks at several ways a medical practice can improve profitability, including optimizing volume and using targeted marketing. A brief sidebar notes some key performance indicators to use.
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Don’t let fraud disrupt your M&A deal
July / August 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 437
Abstract: Due diligence is key when buying or merging with a business, especially in today’s volatile marketplace. This article discusses ways a forensic accountant can help a buyer vet the seller’s financial statements, projections and representations for errors, exaggerations — and even fraud.
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Appellate court overturns ruling based on “incompetent” valuation
July / August 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 561
Abstract: Weak valuation testimony may sometimes satisfy a jury. But it can come back to haunt clients on appeal. This article explains how a government agency learned that lesson the hard way in a recent Pennsylvania eminent domain case. State Route 00700, Section 21H v. Bentleyville Garden Inn, Inc., No. S-21-133 (Pa. Commonwealth Oct. 1, 2021).
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Factors to consider when selecting guideline companies
July / August 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 635
Abstract: When valuing businesses, experts often rely on the guideline transaction method. This technique derives market multiples from the market prices of controlling interests in companies that are engaged in the same or similar lines of business as the subject company. This article explains why careful selection of guideline companies and pricing multiples is critical to avoiding erroneous conclusions under this method.
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Bohac v. Benes Service Co. – Is the asset-based approach relevant for going concerns?
July / August 2022
Newsletter: Advocate's Edge / Litigation Support
Price: $225.00, Subscriber Price: $157.50
Word count: 836
Abstract: The appropriate technique for valuing a business depends on a variety of factors, including the type of business, its plans for the future and the valuation’s purpose. This article summarizes a recent Nebraska Supreme Court ruling that called for an asset-based (or cost) approach to value a business that’s a viable going concern. A sidebar explains how the standard of value in dissenting shareholder cases usually differs from the IRS’s definition of fair market value. Bohac v. Benes Service Co., No. S-21-133 (Neb. Jan. 14, 2022).
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Help prevent financial scams aimed at older people
June 2022
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 261
Abstract: No matter the season, scam artists look for new victims, including those who would pick the pockets of older people in search of money and financial data. This article offers seven ways to help prevent elder financial abuse and fraud.
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Nonworking spouses may still contribute to an IRA
June 2022
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 394
Abstract: Married couples may not be able to save as much as they need for retirement when one spouse doesn’t work outside the home. In general, an IRA contribution is allowed only if a taxpayer earns compensation. However, there’s an exception involving a “spousal” IRA. It allows contributions to be made for nonworking spouses. This article explores the details.
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How start-up costs of a new business affect your tax return
June 2022
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 492
Abstract: Despite a seemingly endless period of COVID-19 setbacks, last year the country experienced a large increase in new businesses launched. The latest figures available from the U.S. Census Bureau (June 2020 through June 2021) show that business applications rose 18.6%. Entrepreneurs often don’t know that many of the expenses incurred by start-ups can’t be currently deducted. This article discusses how the handling of initial expenses can affect a new business owner’s federal tax bill.
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Can you deduct the costs of a self-managed portfolio?
June 2022
Newsletter: Tax & Business Alert
Price: $225.00, Subscriber Price: $157.50
Word count: 541
Abstract: Many taxpayers incur significant investment-related expenses, which might include payment for financial service subscriptions, clerical support and home office maintenance. Under current tax law, these expenses aren’t deductible through 2025 if they’re considered investment expenses to produce income. If they’re considered trade or business expenses, however, they are deductible. This article explains the difference between a trader and an investor. A brief sidebar describes a court case to illuminate that difference.
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Preparing for new cryptocurrency reporting rules
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 415
Abstract: Individuals who’ve invested in cryptocurrency (for example, Bitcoin or Ether), nonfungible tokens (NFTs), or certain other digital assets, should familiarize themselves with new tax reporting requirements that take effect in 2023. This short article summarizes the rules.
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Working remotely? Watch out for double taxation
July / August 2022
Newsletter: Planning for Prosperity / Wealth Management Advisor
Price: $225.00, Subscriber Price: $157.50
Word count: 623
Abstract: Remote work can be convenient. However, it raises the risk of double taxation if employees work in different states from their employers. This article helps employees prevent this extra tax bite. It explains the difference between domicile and residence, highlights reciprocity arrangements and warns workers to beware of “convenience of the employer” situations.