FICA Medical Student Exemption
nbsp IRC Sec. b authorizes a FICA exemption for students employed by and regularly attending classes at a school or university. However, Reg. . b - states that medical residents... Read More >
The new tax law and year end tax planning
nbsp On December , , the President signed into law the Tax Relief, Unemployment Insurance Reauthorization, and Job Creation Act of . With the uncertainty of taxes finally over, plain... Read More >
2011 IRS Standard Mileage Rates
Beginning , the standard mileage rates for using a vehicle including an auto, van, pickup, or panel truck will be cents per mile for business purposes, cents per mile for... Read More >
2010 year end vehicle tax tips
nbsp Buy a new car You or your corporation can claim up to , in bonus depreciation on a new not used car purchased and placed in service before midnight... Read More >
The IRS and Quickbooks
Does your medical practice use Quickbooks to keep its accounting records? Then you ll be interested in this The IRS noted that it recently completed training for revenue agents the... Read More >
2011 Pension Plan Amounts
nbsp The major pension plan and related amounts will stay the same for . This means, for example, that the following amounts will remain unchanged from their amount benefit limit... Read More >
Have questions? I’m here to help.
Subscribe to my blog
Categories
Accounting and Tax Services Litigation Support Managed Care Consulting Managed Care Contract Negotiations Medical Practice and Healthcare Entity Valuation Medical Practice Assessment Medical Practice Brokerage Medical Practice Embezzlement Consulting Medical Practice Management Medical Practice Merger Advice Medical Strategic Planning Newsletter Personal Financial Planning Oversight Physician Compensation Models Physician Compliance Physician Financial Management Services Retirement UncategorizedAbout Reed Tinsley, CPA
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 >
