The Cyber Security Crisis in Healthcare

Although the global ransomware attack known as WannaCry? is all but old news, it hit the healthcare industry particularly hard and left many wondering how secure their organizations really are against similar attacks. Cyber security is one of the hottest topics in healthcare today and is creating a global crisis costing billions of dollars.

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The Cyber Security Crisis in Healthcare
Single Audit Reporting Package Deadline Rescission and Other Updates from OMB

Single Audit Reporting Package Deadline Rescission and Other Updates from OMB

On June 18, 2020, the Office of Management and Budget (OMB) issued Memorandum M-20-26, Extension of Administrative Relief for Recipients and Applicants of Federal Financial Assistance Directly Impacted by the Novel Coronavirus (COVID-19) due to Loss of Operations, which will impact organizations that have received federal funds under the COVID-19 Emergency Acts and organizations that […]

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Should you include foreign affiliate employees in your employee count?

Should you include foreign affiliate employees in your employee count for the PPP?

Congress enacted the CARES Act to provide immediate assistance to individuals, families, and organizations affected by the COVID-19 emergency. Among the provisions contained in the CARES Act are provisions authorizing the Small Business Administration (SBA) to temporarily guarantee loans under the Paycheck Protection Program (PPP). The SBA previously issued guidance that an entity is eligible […]

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Do I have a Hobby or a Legitimate Business?

Do I have a Hobby or a Legitimate Business?

For most individuals, a hobby is a great way to spend free time, and if you are fortunate, you might even make some money while enjoying your hobby.¬†Determining whether your activity is considered a “hobby” or “legitimate business” can have an impact on your tax strategies and savings. Before the TCJA, individuals could deduct hobby […]

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