When Do I Need a HIPAA Business Associate Agreement?
Your medical practice has responsibility for protecting the privacy of health information under the HIPAA Privacy Rule while carrying out health care activities. In order [...]
Virginia Enterprise Zones: Are You in the Zone?
Were you aware that the Commonwealth of Virginia appropriates grant funding for companies that invest in certain areas in the state? The Commonwealth of Virginia wants to encourage rejuvenation of certain towns and cities and is willing to award funding for the rehabilitation, expansion or new construction of real estate and/or creation of higher wage jobs.
10 Signs It May Be Time to Shop for a New Auditor
Thinking about hiring a new auditor can be overwhelming. Many times over the years I have heard auditees say, “I don’t want to get used [...]
How to Handle a DCAA Audit
If you have proposed on or been awarded a contract with the Federal government, and especially with the Department of Defense, you probably have been the recipient of a visit from the Defense Contract Audit Agency (DCAA). While these visits to perform a multitude of audits and evaluations are not the end of the world, they should be taken and reacted to seriously.
Women and City Clubs – Out With the Old and in With the New
How do city clubs attract more women to join the club and, more specifically, younger professional women? The answer centers around amenities. Clubs need to think outside the box and offer amenities that will not only draw in women members but keep them.
You Don’t Have to Take Business Insurance Costs Sitting Down
Adequate insurance coverage is, in many cases, a legal requirement for a business. Even if it’s not for your company, proper coverage remains a risk [...]
Get Competitive With Your Compensation Strategy
Is your business evolving? Perhaps you’re adding employees or promoting staff. Or perhaps you’re facing economic challenges of pressure from local competitors. It may be [...]
Cash Flow Considerations for Seasonal Businesses
Seasonal businesses often face intense cash flow fluctuations. It is important to optimize your operating cycle to prepare for the down time your company will [...]
Six Strategies for Your Tax Playbook
I’m looking forward to tax day. No, I’m not in a time warp. I do know that April 15th is behind us, and most people [...]
Income Distribution – Deciding How to Split the Pie
Having partners in a medical practice definitely has its advantages. You have peers to share the workload and to share costs, which often drives up [...]