--- title: Machen McChesney Blog | Nick Wheeler, CPA (2) description: (2) --- [Family of Services](http://machenmcchesney.com/about-us/family-of-companies/)  |  [CPA & Business Advisory](http://machenmcchesney.com)  |  [Payroll, HR & Benefits](http://focuspaysolutions.com/)  |  [Wealth Management](http://machenmcchesney.com/services/financial-planning-and-wealth-mangement-services/) Auburn-Opelika (334) 887-7022 | Montgomery (334) 244-8900 [![mm-cobrand-fd-blues](https://info.machen.cpa/hs-fs/hubfs/mm-cobrand-fd-blues.png?width=279&height=100&name=mm-cobrand-fd-blues.png)](http://machenmcchesney.com) Search this site on Google Search Google Search this site on Google Search Google - [Client Portal](https://machenmcchesney.sharefile.com/Authentication/Login) - [1040 Electronic Organizer](https://www.my1040data.com/account/login/HT7902990) - [LinkedIn](https://www.linkedin.com/company/675439?trk=tyah&trkInfo=idx%3A1-1-1%2CtarId%3A1424436970395%2Ctas%3Amachen+mcchesney) - [Facebook](https://www.facebook.com/machenmcchesney) - [Google](https://plus.google.com/101356546927388458481) - [Twitter](https://twitter.com/machenmcchesney) - About Us - [Welcome](http://machenmcchesney.com/about-us/welcome/) - [Affiliations and Associations](http://machenmcchesney.com/about-us/affiliations-and-associations/) - [Community Events](http://machenmcchesney.com/about-us/community-events/) - [Family of Companies](http://machenmcchesney.com/about-us/family-of-companies/) - [History](http://machenmcchesney.com/about-us/firm-profile-history/) - [Mission and Values](http://machenmcchesney.com/about-us/mission-and-values/) - [Team Directory](http://machenmcchesney.com/about-us/team-directory/) - Services - [Accounting & Outsourcing](http://machenmcchesney.com/services/accounting-outsourcing/) - [Audit and Assurance Services](http://machenmcchesney.com/services/audit-assurance/) - [Business Advisory Services](http://machenmcchesney.com/services/business-advisory/) - [Business Valuation Services](http://machenmcchesney.com/services/business-valuation-services/) - [Family Office Services](http://machenmcchesney.com/services/family-care/) - [Financial Planning & Wealth Mangement Services](http://machenmcchesney.com/services/financial-planning-and-wealth-mangement-services/) - [Individual Services](http://machenmcchesney.com/services/individuals/) - [Taxation](http://machenmcchesney.com/services/taxation/) - Who We Serve - [Construction & Real Estate](http://machenmcchesney.com/industries/construction-real-estate/) - [Credit Unions](http://machenmcchesney.com/industries/credit-unions/) - [Government & Not-For-Profits](http://machenmcchesney.com/industries/governmental-not-for-profit/) - [Healthcare & Professional Services](http://machenmcchesney.com/industries/healthcare-and-professional-services/) - [Hospitality, Restaurant & Retail](http://machenmcchesney.com/industries/hospitality-restaurant-retail/) - [Manufacturing, Distribution & Automotive](http://machenmcchesney.com/industries/manufacturing-distribution-automotive/) - [Success Stories](http://machenmcchesney.com/success-stories) - Resources - [Blog](https://info.machenmcchesney.com/blog) - [E-Newsletter Archive](http://machenmcchesney.com/resources/e-newsletter-archive/) - [Financial Calculators](http://machenmcchesney.com/resources/financial-calculators/) - [Financial Terms Glossary](http://machenmcchesney.com/resources/financial-terms-glossary/) - [Helpful Articles](http://machenmcchesney.com/resources/newsletter/) - [Tax Calendar](http://machenmcchesney.com/resources/tax-calendar/) - [Tax Links](http://machenmcchesney.com/resources/tax-links/) - [Track Your Refund](http://machenmcchesney.com/resources/track-your-refund/) - [Sign Up for Our E-Newsletter](http://machenmcchesney.com/resources/e-newsletter/) - [Subscribe to Our Blog](http://machenmcchesney.com/resources/subscribe-to-the-machen-mcchesney-blog/) - News & Events - [Press Releases](http://machenmcchesney.com/news-events/press-releases/) - [Upcoming Events](http://machenmcchesney.com/news-events/upcoming-events/) - Careers - [Our Culture](http://machenmcchesney.com/careers/culture/) - [Benefits](http://machenmcchesney.com/careers/benefits/) - [Our Stories](http://machenmcchesney.com/careers/our-stories/) - [Current Openings](http://machenmcchesney.com/careers/current-openings-send-resume/) - [Accounting Internship Opportunities](http://machenmcchesney.com/careers/students/) - Contact Us - [Auburn-Opelika Office](http://machenmcchesney.com/contact-us/contact-us-auburn-office/) - [Montgomery Office](http://machenmcchesney.com/contact-us/contact-us-montgomery-office/) # Returning Value Blog ## Nick Wheeler, CPA ### Recent Posts ## [Reconciliation Tax Bill: Key Impacts on the Healthcare Industry](https://info.machen.cpa/blog/reconciliation-tax-bill-key-impacts-on-the-healthcare-industry) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Sep 11, 2025 [![](https://info.machen.cpa/hubfs/The%20word%20Healthcare%20-524746923-social.jpg)](https://info.machen.cpa/blog/reconciliation-tax-bill-key-impacts-on-the-healthcare-industry) Changes in federal tax provisions and funding stemming from the recently passed reconciliation tax bill, the [One Big Beautiful Bill Act (OBBBA)](https://www.bdo.com/insights/tax/tracking-key-provisions-in-reconciliation-tax-bill), are expected to significantly impact the [healthcare industry](https://www.bdo.com/industries/healthcare). Going forward, organizations need to consider the near- and long-term effects of the OBBBA, including Medicaid funding cuts that impact patient populations and reimbursement, altered tax provisions that could influence financial planning, and increased compliance needs stemming from heightened regulatory scrutiny of fraud and abuse. [Full Story](https://info.machen.cpa/blog/reconciliation-tax-bill-key-impacts-on-the-healthcare-industry) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Divorcing as a Business Owner? Don't Let Taxes Derail Your Settlement](https://info.machen.cpa/blog/divorcing-as-a-business-owner-dont-let-taxes-derail-your-settlement) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Sep 03, 2025 [![](https://info.machen.cpa/hubfs/Divorce%20-971769204-social.jpg)](https://info.machen.cpa/blog/divorcing-as-a-business-owner-dont-let-taxes-derail-your-settlement) Divorce is stressful under any circumstances, but for business owners, the process can be even more complicated. Your business ownership interest is often one of your largest personal assets, and in many cases, part or all of it will be considered marital property. Understanding the tax rules that apply to asset division can help you avoid costly surprises. [Full Story](https://info.machen.cpa/blog/divorcing-as-a-business-owner-dont-let-taxes-derail-your-settlement) Posted in [Business Tax](https://info.machen.cpa/blog/topic/business-tax) ## [A Tax Guide to Choosing the Right Business Entity](https://info.machen.cpa/blog/a-tax-guide-to-choosing-the-right-business-entity) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Aug 27, 2025 [![](https://info.machen.cpa/hubfs/Business%20Entity%20824600076-x.jpeg)](https://info.machen.cpa/blog/a-tax-guide-to-choosing-the-right-business-entity) One of the most critical decisions entrepreneurs make when starting or restructuring a business is choosing the right entity type. This choice directly impacts how the business is taxed, the level of administrative complexity, and regulatory compliance obligations. While legal liability considerations also matter, we will focus on tax implications. For liability advice, consult a legal professional. [Full Story](https://info.machen.cpa/blog/a-tax-guide-to-choosing-the-right-business-entity) Posted in [Business Tax](https://info.machen.cpa/blog/topic/business-tax) ## [Startup Costs and Taxes: What You Need to Know Before Filing](https://info.machen.cpa/blog/startup-costs-and-taxes-what-you-need-to-know-before-filing) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Jul 16, 2025 [![](https://info.machen.cpa/hubfs/Start%20Up%20-1157129400-1.jpeg)](https://info.machen.cpa/blog/startup-costs-and-taxes-what-you-need-to-know-before-filing) The U.S. Census Bureau reports there were nearly 447,000 new business applications in May of 2025. The bureau measures this by tracking the number of businesses applying for an Employer Identification Number. [Full Story](https://info.machen.cpa/blog/startup-costs-and-taxes-what-you-need-to-know-before-filing) Posted in [Business Tax](https://info.machen.cpa/blog/topic/business-tax) ## [The Financial Triple Play: 3 Reports to Help You Stay at the Top of Your Game](https://info.machen.cpa/blog/the-financial-triple-play-3-reports-to-help-you-stay-at-the-top-of-your-game) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Jul 15, 2025 [![](https://info.machen.cpa/hubfs/Finance%20Report%20823665230-1.jpeg)](https://info.machen.cpa/blog/the-financial-triple-play-3-reports-to-help-you-stay-at-the-top-of-your-game) In baseball, the triple play is a high-impact defensive feat that knocks the competition out of the inning. In business, you have your own version — three key financial statements that can give you a competitive edge by monitoring profitability, liquidity, and solvency. [Full Story](https://info.machen.cpa/blog/the-financial-triple-play-3-reports-to-help-you-stay-at-the-top-of-your-game) Posted in [Business Tax](https://info.machen.cpa/blog/topic/business-tax) ## [Planning a Summer Business Trip? Turn Travel into Tax Deductions](https://info.machen.cpa/blog/planning-a-summer-business-trip-turn-travel-into-tax-deductions) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Jun 19, 2025 [![](https://info.machen.cpa/hubfs/Business%20trips%20-483834895-1.jpeg)](https://info.machen.cpa/blog/planning-a-summer-business-trip-turn-travel-into-tax-deductions) If you or your employees are heading out of town for business this summer, it’s important to understand what travel expenses can be deducted under current tax law. To qualify, the travel must be necessary for your business and require an overnight stay within the United States. [Full Story](https://info.machen.cpa/blog/planning-a-summer-business-trip-turn-travel-into-tax-deductions) Posted in [Business Tax](https://info.machen.cpa/blog/topic/business-tax) ## [Leveraging AI and Automation to Optimize Denial Management in Healthcare](https://info.machen.cpa/blog/leveraging-ai-and-automation-to-optimize-denial-management-in-healthcare) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on May 08, 2025 [![](https://info.machen.cpa/hubfs/AI%20-2148658379-1.jpeg)](https://info.machen.cpa/blog/leveraging-ai-and-automation-to-optimize-denial-management-in-healthcare) Claim denials are a significant issue for healthcare, especially as they continue to rise: last year, [60% of medical groups](https://www.mgma.com/mgma-stat/strategic-improvements-in-your-rcm-to-reduce-your-practices-claim-denials#:~:text=However%2C%20the%20short%2Dterm%20outlook,the%20same%20period%20in%202023.) reported a year-over-year increase in claim denials, and providers spend around [$20 billion a year](https://www.aha.org/aha-center-health-innovation-market-scan/2024-04-02-payer-denial-tactics-how-confront-20-billion-problem) trying to overturn them.  [Full Story](https://info.machen.cpa/blog/leveraging-ai-and-automation-to-optimize-denial-management-in-healthcare) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [6 Inventory Management Tips in an Uncertain Tariff Land-Scape](https://info.machen.cpa/blog/6-inventory-management-tips-in-an-uncertain-tariff-land-scape) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Apr 28, 2025 [![](https://info.machen.cpa/hubfs/Tariff%202209634587-1.jpeg)](https://info.machen.cpa/blog/6-inventory-management-tips-in-an-uncertain-tariff-land-scape) With new tariff structures looming and global trade relationships in flux, businesses face rising uncertainty in supply chain costs and inventory planning. As countries iron out the details of future U.S. trade agreements, companies must proactively manage their inventory to avoid margin erosion and supply disruptions. Here are six smart strategies to help safeguard your operations. [Full Story](https://info.machen.cpa/blog/6-inventory-management-tips-in-an-uncertain-tariff-land-scape) Posted in [Business Advisory](https://info.machen.cpa/blog/topic/business-advisory) ## [Back to Basics: A Practical Playbook for Reporting PPE](https://info.machen.cpa/blog/back-to-basics-a-practical-playbook-for-reporting-ppe) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Apr 24, 2025 [![](https://info.machen.cpa/hubfs/Equipment%20-2195986638-1.jpeg)](https://info.machen.cpa/blog/back-to-basics-a-practical-playbook-for-reporting-ppe) Under U.S. Generally Accepted Accounting Principles (GAAP), property, plant, and equipment (PPE) assets aren’t immediately expensed. Instead, they’re capitalized on your company’s balance sheet and gradually depreciated over their useful lives. While that sounds easy enough, subtle nuances may trip up small businesses. Here are some tips to help get it right. [Full Story](https://info.machen.cpa/blog/back-to-basics-a-practical-playbook-for-reporting-ppe) Posted in [Taxation](https://info.machen.cpa/blog/topic/taxation) ## [6 Practical Tips to Lower Business Travel Expenses](https://info.machen.cpa/blog/6-practical-tips-to-lower-business-travel-expenses) ![](https://info.machen.cpa/hubfs/Nick%20Wheeler%202025%20update.jpg) Posted by [Nick Wheeler, CPA](https://info.machen.cpa/blog/author/nick-wheeler-cpa) on Mar 21, 2025 [![](https://info.machen.cpa/hubfs/Business%20Travel%20-1302449414-1.jpeg)](https://info.machen.cpa/blog/6-practical-tips-to-lower-business-travel-expenses) Travel remains a critical expense for many businesses, whether for client meetings, networking, industry conferences or sales opportunities. However, travel and entertainment (T&E) costs can quickly spiral out of control, cutting into profits. Consider taking these six proactive measures to keep T&E costs in check. [Full Story](https://info.machen.cpa/blog/6-practical-tips-to-lower-business-travel-expenses) Posted in [Business Tax](https://info.machen.cpa/blog/topic/business-tax) [Previous](https://info.machen.cpa/blog/author/nick-wheeler-cpa/page/1) [Next](https://info.machen.cpa/blog/author/nick-wheeler-cpa/page/3) Search this site on Google Search Google ### Recent Posts ### Subscribe to Blog ### Posts by Category - [Business Tax (356)](https://info.machen.cpa/blog/topic/business-tax) - [Business Advisory (238)](https://info.machen.cpa/blog/topic/business-advisory) - [Payroll, HR & Benefits (124)](https://info.machen.cpa/blog/topic/payroll-hr-benefits) - [Audit & Assurance (113)](https://info.machen.cpa/blog/topic/audit-assurance) - [Accounting & Outsourcing (81)](https://info.machen.cpa/blog/topic/accounting-outsourcing) - [Individual Tax (75)](https://info.machen.cpa/blog/topic/individual-tax) - [Tax Planning (33)](https://info.machen.cpa/blog/topic/tax-planning) - [Tax Updates (25)](https://info.machen.cpa/blog/topic/tax-updates) - [Retirement & Wealth Management Planning (18)](https://info.machen.cpa/blog/topic/retirement-wealth-management-planning) - [Taxation (15)](https://info.machen.cpa/blog/topic/taxation) - [Alerts (13)](https://info.machen.cpa/blog/topic/alerts) - [Business Valuation (11)](https://info.machen.cpa/blog/topic/business-valuation) - [News & Events (11)](https://info.machen.cpa/blog/topic/news-events) - [Tax News (11)](https://info.machen.cpa/blog/topic/tax-news) - [Individual Tax Planning (10)](https://info.machen.cpa/blog/topic/individual-tax-planning) - [Not For Profit (10)](https://info.machen.cpa/blog/topic/not-for-profit) - [Retirement Planning (9)](https://info.machen.cpa/blog/topic/retirement-planning) - [Estate Planning (8)](https://info.machen.cpa/blog/topic/estate-planning) - [Manufacturing Industry Insights (7)](https://info.machen.cpa/blog/topic/manufacturing-industry-insights) - [Individuals (1)](https://info.machen.cpa/blog/topic/individuals) - [Insider (1)](https://info.machen.cpa/blog/topic/insider) - [Professional Standard News (1)](https://info.machen.cpa/blog/topic/professional-standard-news) see all [![Returning\_Value](https://info.machen.cpa/hs-fs/file-2504250850-jpg/Machen-Blog-Image/Returning_Value.jpg)](http://machenmcchesney.com/about-us/mission-and-values/) - [![AICPA](https://machenmcchesney.com/img/logos/aicpa.jpg)](https://www.aicpa-cima.com/) - [![NACVA](https://machenmcchesney.com/img/logos/nacva.jpg)](http://www.nacva.com/) - ![2026 INSIDE Public Accounting Top 400](https://machenmcchesney.com/img/2026-ipa-top-400.jpg) - ![2026 Best of Auburn-Opelika](https://machenmcchesney.com/img/2026-best-of-auburn-opelika.jpg) - [![2025 Best of OA](https://machenmcchesney.com/img/2025-best-of-oa.jpg)](https://oanow.com/exclusive/readerschoice/ballot-2025/) - ![2026 Best of OA Winner](https://machenmcchesney.com/img/2026-best-of-oa-winner.jpg) - [![2025 Accounting Today Regional Leaders](https://machenmcchesney.com/img/2025-accounting-today-regional-leaders.jpg)](https://www.accountingtoday.com/) - [![ClearlyRated Best of Accounting](https://machenmcchesney.com/img/2024-best-of-accounting.jpg)](https://www.clearlyrated.com/accounting) - [![ClearlyRated Best of Accounting Employee](https://machenmcchesney.com/img/2024-best-of-accounting-employee.jpg)](https://www.clearlyrated.com/accounting) 1820 East University Drive, Auburn, AL 36830 | Tel: (334) 887-7022 | Fax: (334) 887-7221 1761 Taliaferro Trail, Montgomery, AL 36117 | Tel: (334) 244-8900 | Fax: (334) 364-0927 † This is not a CPA firm. \* Assurance, attest, and audit services provided by Frazier & Deeter, LLC. “Frazier & Deeter” is the brand name under which Frazier & Deeter, LLC\* and Frazier & Deeter Advisory, LLC† and its subsidiary entities provide professional services. Frazier & Deeter, LLC\* and Frazier & Deeter Advisory, LLC (and its subsidiary entities)† practice as an alternative practice structure in accordance with the AICPA Code of Professional Conduct and applicable law, regulations and professional standards. Frazier & Deeter, LLC\* is a U.S. licensed independent public accounting firm that provides attest services to its clients. Frazier & Deeter Advisory, LLC† and its subsidiary entities provide tax and business consulting services to their clients. Frazier & Deeter Advisory, LLC† and its subsidiary entities are not licensed U.S. CPA firms. - [LinkedIn](https://www.linkedin.com/company/675439?trk=tyah&trkInfo=idx%3A1-1-1%2CtarId%3A1424436970395%2Ctas%3Amachen+mcchesney) - [Facebook](https://www.facebook.com/machenmcchesney) - [Google](https://plus.google.com/101356546927388458481) - [Twitter](https://twitter.com/machenmcchesney) [Powered by Strategic 7 Marketing](https://strategicseven.com)