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How inflation could affect your financial statements

How inflation could affect your financial statements

May 27, 2022

Costs are rising at levels we haven’t seen for decades. As you factor the effects of inflation into your financials, it’s important to look beyond the income statement.

How often must a HIPAA Notice of Privacy Practices be updated?

How often must a HIPAA Notice of Privacy Practices be updated?

May 25, 2022

Employers: If you’ve made or intend to make changes to your health care plan, be sure to abide by HIPAA’s rules for updating your Notice of Privacy Practices.

Businesses: Prepare for the lower 1099-K filing threshold

Businesses: Prepare for the lower 1099-K filing threshold

May 23, 2022

Starting with the 2022 tax year, filing and receiving 1099-K forms will be much more complicated for many businesses and self-employed individuals.

No ‘I’ in team: The collaborative management model

No ‘I’ in team: The collaborative management model

May 20, 2022

Many employers have a “secret power” that they might be overlooking: their managers. Leaning into a collaborative management model can help.

Forecasts vs. projections: What’s the big difference?

Forecasts vs. projections: What’s the big difference?

May 19, 2022

Use your accountant for more than reporting historical results. Here’s how an accounting professional can help you prepare for the future.

Inflation enhances the 2023 amounts for Health Savings Accounts

Inflation enhances the 2023 amounts for Health Savings Accounts

May 17, 2022

If your business provides Health Savings Accounts to employees, you know they have many benefits. Here are a few of them, along with the inflation-adjusted amounts for 2023. Hint: They’re going up more than they have in recent years due to high inflation.

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