by Sarah Hayes | Apr 22, 2025 | Healthcare, Professional Services, Tax Watch
All healthcare organizations, including healthcare providers and medical insurance companies, must follow the Health Insurance Portability and Accountability Act (HIPAA) guidelines. However, because HIPAA is updated on occasion, healthcare organizations also have a...
by Isaac Rowles | May 19, 2023 | Audit and Accounting, NonProfit, Tax Watch
A set of accounting standards for leases is now mandatory for most business entities in the U.S., including not-for-profit organizations (NFPs). These standards, known as ASC 842, began to take effect in late 2018 for publicly-traded companies. They became effective...
by Sarah Hayes | Sep 27, 2022 | Healthcare, Professional Services, Tax Watch
With ever-increasing regulatory requirements, the compliance demands on business organizations of all sizes are growing at a staggering rate. Despite the new administration’s efforts to dial back regulatory constraints on businesses, compliance has become a key factor...