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Thought Leadership

When it comes to thought leadership and staying informed, we’ve got you covered. See below for recent articles, webinars, and downloadable resources available.

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application of CECL to accounts receivable

Application of CECL to Accounts Receivable

By Priya Singleton, CPA, Director at Blue & Co. The Financial Accounting Standards Board (FASB) issued Accounting Standards Update (ASU) 2016-13 Financial Instruments – Credit Losses (Topic 326): Measurement of Credit Losses on Financial Instruments in 2016. The ASU applies to all reporting entities, not just banks and financial institutions, and is effective for all […]

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Beginner's Guide to Rental Income for Non-profits

Beginner’s Guide To Rental Income For Non-profits: Taxable Or Not?

Determining when to include rental income in your unrelated business income (UBI) tax calculation can be challenging; however, it is a commonly conducted non-profit organization activity. We created a beginner’s guide checklist to help you get started. There are two common types of rental income we see among our non-profit clients: Real Property: Providing low-income […]

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Headshot of Bob Ellis | Bob Ellis, Director at Blue & Co., LLC | Bob Ellis, Director of Aliign Business Services | Bob Ellis Named Supervisory Committee Volunteer at FORUM Credit Union

Bob Ellis Named Supervisory Committee Volunteer at FORUM Credit Union

CARMEL, Ind. (September 27, 2023) – Blue & Co., LLC is pleased to announce that Bob Ellis has joined FORUM Credit Union as a Supervisory Committee Volunteer. “I have been a FORUM member since 1992,” said Ellis. “This is a chance for me to give back to my community and an institution that has given […]

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indiana sales tax

New Indiana Sales Tax Rule for Not-For-Profits – Sales Tax Collection & Filing Threshold Increased

By Cory Schunemann, CPA, Manager at Blue & Co. Indiana’s 2023 Senate Enrolled Act (SEA) 417 made another change to the sales tax collection requirements for not-for-profits after 2022’s SEA 382. Not-for-profits with taxable retail sales in excess of $100,000 in the current or prior year are now required to collect and remit sales tax. […]

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Changes to Medicare Bad Debt and S-10 Template Effective this Month

The new Medicare Bad Debt template (Exhibit 2A) and S-10 template (Exhibit 3B and 3C) have been finalized by Medicare and are now required for cost reporting periods ending on or after September 30, 2023. This deadline is quickly approaching, and Blue & Co. wants to be sure you are prepared. If you are feeling […]

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community benefit tracking

Diving into Not-For-Profit Healthcare Community Benefit Tracking

By Emilie Knieriem, CPA, Senior Manager at Blue & Co. Tax-exempt hospitals provide community benefits for many reasons. In order to understand those reasons, we should first define what community benefits are and how they benefit community need. Community benefits are programs and services designed to improve health in communities and increase access to health care. […]

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credits and incentives

Support Your Growth Through State and Local Incentives

By Kevin Umberger, CPA, Senior Manager and Erin Waltman, CPA, Senior Staff at Blue & Co. Continued growth and expansion of your business can be supported by a variety of credits and incentives offered through state and local government programs. Typically, growing businesses are moving too fast to capture these opportunities or are simply unaware […]

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August 2023 Promotions | Confetti background with text that reads Celebrating August 2023 Promotions

Blue & Co., LLC Announces August 2023 Promotions

CARMEL, Ind. (August 1, 2023) – Blue & Co., LLC is proud to announce the following employee promotions, effective August 1, 2023. We congratulate these individuals on achieving the next level in their careers here at Blue & Co., and we wish them continued success. Blue Benefits Consulting Angela Smith has been promoted to Benefits […]

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Jeff Moffatt received the fellowship designation from the Healthcare Financial Management Association (HFMA)| FHFMA | Jeff Moffatt, FHFMA, CPA/ABV/CITP, ASA, CVA, FACHE headshot

Jeff Moffatt Receives Fellowship Designation from the Healthcare Financial Management Association

CARMEL, Ind. (July 25, 2023) – Blue & Co., LLC is proud to announce that Jeff Moffatt, CPA/ABV/CITP, ASA, CVA, FACHE, recently received the fellowship designation from the Healthcare Financial Management Association (HFMA). “I am extremely honored to be recognized as a fellow of the HFMA,” said Moffatt, a senior manager at Blue. “I would […]

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woman modeling operational performance

Decision Making Time – Modeling Operational Performance Through Organizational Data and Financial Projections

By Andrew Brock, CPA, Manager at Blue & Co. How often do you find yourself facing more questions than answers when it comes to making operational decisions for your organization and what the future bottom-line impact of those decisions might entail? Right now, some of the most relevant trends and decisions for organizations include: Impact […]

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Proposed Hospital 340B Outpatient Prospective Payment System (OPPS) Solution

On Friday July 7th, 2023, CMS released a proposed rule outlining a plan to correct and reverse the 340B payment cuts from calendar years (CY) 2018 through 2022. This proposed rule is in response to last years Supreme Court ruling that CMS lacked authority to reduce reimbursement for drugs to average sale price (ASP) minus […]

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Annual Wellness Visits: Understanding the Value They Bring

Performing Annual Wellness Visits (AWV) provide a unique value that benefit your healthcare organization, providers and more importantly, your patients. AWVs aligns with population health management, and can identify any needs for additional patient services, including labs, imaging, procedures, and follow-up visits. Benefits of AWVs Annual Wellness Visits also improve quality impact and acuity scores, […]

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Functional Expenses – What They Are and Why They Matter

By Luke Pierce, CPA, Manager at Blue & Co. What Are Functional Expenses? Under financial reporting standards, all not-for-profit entities are required to present a statement of functional expenses, either within the actual financial statements or as a disclosure within the notes to the financial statements. While natural expenses show the type of expense incurred, […]

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What are Annual Wellness Visits?

Beginning 2011, Medicare began covering the Annual Wellness Visit (AWV) as a yearly appointment with a primary care provider (PCP) to create or update a personalized prevention plan at no cost to the beneficiary. This plan may help prevent illness based on current health and risk factors. It is not a routine physical, and an […]

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State of Ohio graphic | | Best Employer's in Ohio | Blue & Co., LLC Named One of Ohio’s Best Employer for 13th Year | 2023 Best Employers in Ohio

Blue Named a 2023 Best Employers in Ohio

CARMEL, Ind. (June 12, 2023) – Blue & Co., LLC is honored to announce that it has been ranked as one of the 2023 Best Employers in Ohio by Best Companies Group. This designation is held in partnership with Crain’s Cleveland Business and Crain’s Content Studio-Cleveland and marks the 13th year Blue & Co. has made […]

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Webinars

Vsimple and Hearn Construction Workflow Management Webinar

On-Demand Webinar: Vsimple Success Stories – Hearn Construction

Blue & Co. and Vsimple hosted a webinar on Tuesday, December 6, from 10:00 a.m. to 11:00 a.m. EST entitled Workflow Management: How Hearn Construction is Standardizing & Simplifying Their Business Processes Using Vsimple. This is part one of a series of use case examples demonstrating the success that client’s of Vsimple have discovered while […]

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On-Demand Webinar: Myths and Facts of Commercial Loan Reviews

Download Webinar Resources On April 6, Blue & Co. held a webinar entitled Myths and Facts of Commercial Loan Reviews. Panelists debunked common loan review myths and presented the facts and practical tips and lessons learned related to commercial loan review. Duration: 1 Hour CPE not available Download Presentation Here Watch a Recording of the […]

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Webinar: A Guide to the Kentucky Tangible Personal Property Tax Return for Manufacturers

You’re Invited Join Blue & Co. on Wednesday, February 9 at 12:00 PM EST for a webinar entitled A Guide to the Kentucky Tangible Personal Property Tax Return for Manufacturers. This presentation will walk through the Kentucky Tangible Personal Property Tax Return and identify common preparation errors & potential tax savings opportunities. Duration: 1 hr. CPE Credit: […]

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Tax Reform Distillery

Webinar: Tax Reform – What Does it Mean for You and Your Distillery?

You’re Invited! Join Blue & Co. and the Kentucky Distillers’ Association (KDA) on Thursday, December 9 at 10:00 AM EST for a webinar entitled Tax Reform: What does it mean for you and your distillery? Presented by the Beverage Services Group at Blue & Co., LLC., this session will discuss the potential tax outlook for distilleries […]

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Pile of blue masks | Vaccine Mandates in the Workplace | COVID-19 Vaccine Mandates in the Workplace | COVID-19 Vaccine Mandate

On-Demand Webinar: COVID-19 Vaccine Mandate in the Workplace

President Biden’s administration recently announced its Path Out of the Pandemic action plan which included specific guidance around a COVID-19 vaccine mandate. The action plan calls for employers with 100 or more employees to require employees to be vaccinated or submit to weekly tests, as well as requiring vaccinations for federal employees, contractors, and hospitals […]

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COVID Vaccine Mandates & Your Organization Webinar

Join Us! Join Blue & Co., Current HR, and DBL Law on November 16th from 2 p.m. to 3 p.m. EST for a webinar covering the new COVID vaccine mandates and what it means for your ogranization. President Biden’s administration recently announced its Path Out of the Pandemic action plan. The action plan calls for […]

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