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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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Not-for-Profit News: Indiana Property Tax Exemption

By: Kandy Wischmeier, CPA, Tax Manager at Blue & Co. If your not-for-profit organization is located in Indiana and has had a significant change in the use of property, has moved in the last year, or is a new entity, you may be required to file Form 136, Application for Property Tax Exemption. Entities are […]

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Alan Baker headshot | Blue & Co., LLC Names Alan Baker Director of Accounting and Auditing; Chair of the Audit, Accounting and Quality Control Committee

Alan Baker Named Director of Accounting and Auditing; Chair of the Audit, Accounting and Quality Control Committee

CARMEL, Ind. (January 31, 2023) – – Blue & Co., LLC is proud to announce that Alan Baker has been named the firm’s Director of Accounting and Auditing and the Chair of the Audit, Accounting and Quality Control Committee effective January 1, 2023. “The directorship and I are thrilled to name Alan Baker to this […]

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2023 E/M Coding Changes You Need to Know from the Physician Fee Schedule Final Ruling

New rules for reporting evaluation and management (E/M) services in most places of service took effect January 1, 2023. The coding and documentation revisions, adopted by the American Medical Association’s CPT Editorial Panel and approved by the Centers for Medicare and Medicaid Services (CMS), substantially simplify code selection and documentation. Effective January 1st, E/M services […]

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Consolidated Appropriations Act of 2023 Changes Impacting Rural Health Clinics

The Consolidated Appropriations Act of 2023, also known as the “Omnibus” package, was signed into law by President Biden on December 29, 2022. Rural Health Clinics (RHCs) need to be aware of some of the changes that will impact them including new grant opportunities and behavioral health provisions. Opportunities for Rural Health Clinics from the […]

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The Importance of Personal vs. Business Use of Auto

By Pam Swartout, Manager and Jacoby Shade, Staff Accountant at Blue & Co. Many business owners provide a company vehicle to their employees as part of their employment. This is a company benefit that has tax implications and is extremely important for both the employer and employee to understand these implications. Employers can deduct only […]

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w-2 and 1099 tax forms

Have You Started to Prepare for Filing Last Year’s 1099s and W-2s?

By Pam Swartout, Manager and Tracey Selig, CPA, Senior Accountant at Blue & Co. The time of year for preparing and filing your 1099s and W-2s is here. In order to ensure timely and accurate submissions of the above-mentioned forms, Blue & Co. wants to inform you of the Form 1099 and W-2 requirements, their […]

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Not-for-Profit Tax Alert for 2023: Kentucky Sales Tax Law Changes

By: Rick Shields, Principal, CPA, CFE Effective January 1, 2023, Kentucky implemented numerous changes to its sales tax laws. Historically, not-for-profits have been able to take advantage of numerous Kentucky sales tax exemptions. In practice, that has allowed not-for-profits to operate as though sales tax does not apply to their operations. Kentucky has been expanding […]

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Mickie Murphy, CPC, QPA, QKC, ERPA, Named President of Blue Benefits Consulting, Inc.

Mickie Murphy Named President of Blue Benefits Consulting, Inc.

CARMEL, Ind. (January 5, 2023) – Blue & Co., LLC and Blue Benefits Consulting, Inc. are delighted to share that Mickie Murphy, CPC, QKA, QPA, QKC, ERPA, has been named President of Blue Benefits Consulting (BBC). “I am pleased to announce that Mickie Murphy has been promoted to President of Blue Benefits Consulting, Inc.,” Brad […]

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Medicare Bad Debt Listing Template Finalized by CMS

This article has been updated on January 5, 2023. Back in August 2022, CMS was proposing changes to the Medicare Bad Debt listing template that is filed with your organization’s cost report. The new template (Exhibit 2A) has recently been finalized by Medicare and is now required for cost reporting periods beginning on or after […]

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2023 Director Promotions | Shawn Adams, Director at Blue & Co., LLC | Patrick Brown, Director of Blue & Co., LLC | Angela Crawford, Director at Blue & Co., LLC | Priya Singleton, Director at Blue & Co., LLC | Peter Szostak, Director at Blue & Co., LLC | Tabitha Tolliver, Director at Blue & Co., LLC | Scott Wilson, Director at Blue & Co., LLC | Blue & Co., LLC logo

2023 Director Promotions at Blue & Co.

CARMEL, Ind. (January 4, 2023) – – Blue & Co., LLC is proud to announce the 2023 director promotions of Shawn Adams, Patrick Brown, Angela Crawford, Priya Singleton, Peter Szostak, Tabitha Tolliver, and Scott Wilson, effective January 1, 2023. Shawn Adams is a new Director in Blue’s healthcare department serving Alabama hospitals with more than […]

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New Kentucky Utility Services Sales Tax and Exemptions

By Sydney Settle and Derek Gray, CPA, Director at Blue & Co. Beginning January 1, 2023, utility services for property other than a primary residence will be subject to six percent sales tax. This broader sales tax is a result of 2022 Kentucky House Bill 8 (HB8). HB8 amended KRS 139.470(7) which established exemptions from […]

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year end depreciation update for real estate investors

Year-End Depreciation Update for Real Estate Investors

By: Lance Williams, CPA, Manager, and Kimber Sutton, CPA, Staff Accountant The Tax Cuts and Jobs Act (TCJA) was passed at the end of 2017. Of the many changes it made to the tax code, one that is temporary and currently scheduled to begin sunsetting, is the provision to allow for bonus depreciation under Section […]

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Kentucky Small Business Tax Credit Program

By Emma Kuhl, CPA, and Zach Mattingly, CPA In September, Kentucky Governor Andy Beshear urged Kentucky small businesses to take advantage of the Kentucky Small Business Tax Credit Program (KSBTC), a tax credit many small businesses may not know they are eligible for. The program offers small businesses a tax credit ranging between $3,500 – […]

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340B Medicare Reimbursement Adjustments

Great news for 340B hospitals impacted by the reimbursement reductions initiated by the Center for Medicare and Medicaid Services (CMS) on January 1, 2018. Recently, CMS announced that the 2023 Medicare outpatient payment rates will be restored to rates prior to 2018 for affected hospitals. After many legal debates, court filings, and outcry from hospitals […]

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Not-for-Profit Budgets: Developing Key Assumptions

By: Ryan Adams, Manager, CPA The process of creating not-for-profit (NFP) budgets can be overwhelming. One can argue that the NFP’s budget can be even more challenging to prepare than a budget for a business enterprise. The NFP may provide goods and services in addition to receiving donations with or without restrictions or conditions, government […]

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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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