The Tax Court held that a doctor couldn t group his LLC, which held a personal airplane for use in flying to patients in rural areas, with his interests in... Read More >
Most of us have more than enough to do. We re on the go from early in the morning until well into the evening six or seven days a week.... Read More >
Most employers have fewer than full-time employees or full-time equivalent employees and are not subject to the Affordable Care Act s employer shared responsibility provision. If an employer has fewer... Read More >
Value of Services Does Not Create Basis until Taxed The taxpayer, along with four other individuals, formed an LLC treated as a partnership for tax purposes. The taxpayer did not... Read More >
I received the following email yesterday from the American Institute of CPAs and it s right on point. While not directed towards healthcare professionals specifically, we know that physicians are... Read More >
The taxpayer, a dietary supplement manufacturer, failed to deposit employment taxes, pay the taxes reported on its payroll tax returns, and timely file payroll tax returns. The IRS assessed penalties... Read More >
Subscribe to my blog
As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read More >
