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Returning Value Blog

Reconciliation Tax Bill: Key Impacts on the Healthcare Industry

Posted by Nick Wheeler, CPA on Sep 11, 2025

Changes in federal tax provisions and funding stemming from the recently passed reconciliation tax bill, the One Big Beautiful Bill Act (OBBBA), are expected to significantly impact the healthcare industry. 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.

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Posted in Business Advisory

Evaluating Business Decisions Using Breakeven Analysis

Posted by Lesley L. Price, CPA on Sep 10, 2025

You shouldn’t rely on gut instinct when making major business decisions, such as launching a new product line, investing in new equipment, or changing your pricing structure. Projecting the financial implications of your decision (or among competing alternatives) can help you determine the right course of action — and potentially persuade investors or lenders to finance your plans. One intuitive tool to consider for these applications is breakeven analysis.

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Posted in Business Advisory

Run a Business With Your Spouse? You May Encounter Unique Tax Issues.

Posted by Jessica L. Pagan, CPA on Sep 09, 2025

Do you and your spouse together operate a profitable unincorporated small business? If so, you face some challenging tax issues.

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Posted in Business Advisory, Business Tax

Understanding Employee Expense Reimbursements: Nontaxable vs. Taxable Income

Posted by Katelyn Parks on Sep 05, 2025

As a payroll company, we recognize the importance of managing employee expense reimbursements accurately, ensuring both compliance and clarity. One area that often causes confusion for employers and employees alike is distinguishing between nontaxable and taxable income when it comes to reimbursed expenses. In this article, we’ll explain what employee expense reimbursements are, the difference between taxable and nontaxable reimbursements, and how businesses should handle them.

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Posted in Payroll, HR & Benefits

Divorcing as a Business Owner? Don't Let Taxes Derail Your Settlement

Posted by Nick Wheeler, CPA on Sep 03, 2025

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.

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Posted in Business Tax

How Do Businesses Report Cloud Computing Implementation Costs?

Posted by Lesley L. Price, CPA on Aug 29, 2025

Today, many organizations rely on cloud-based tools to store and manage data. However, the costs to set up cloud computing services can be significant, and many business owners are unsure whether the implementation costs must be immediately expensed or capitalized. Changes made in recent years provide some much-needed clarity to the rules.

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Posted in Business Tax

Receivables Rx: Key Metrics to Assess the Health of Your Cash Flow

Posted by Murry Guy, CPA on Aug 28, 2025

For many businesses, accounts receivable (AR) is one of the largest assets on the balance sheet. It represents the cash you’ve earned but haven’t yet collected. Efficient AR management is critical for maintaining healthy cash flow, reducing bad debt, and fueling growth. But a key question often goes unasked: How do your company’s receivables compare to others in your industry? This is where benchmarking comes in.

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Posted in Business Advisory

A Tax Guide to Choosing the Right Business Entity

Posted by Nick Wheeler, CPA on Aug 27, 2025

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.

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Posted in Business Tax

Audit Alert: Beware of Potential Conflicts of Interest

Posted by Melissa Motley, CPA on Aug 25, 2025

As year-end approaches, many businesses will soon be preparing for their annual audits. One key consideration is ensuring there are no potential conflicts of interest that could compromise the integrity of your company’s financial statements. A conflict of interest can cloud an auditor’s judgment and undermine their objectivity. Vigilance in spotting these conflicts is essential to maintain the transparency and reliability of your financial reports.

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Posted in Audit & Assurance

Use High-Impact Graphics to Bring Your Financials to Life

Posted by Jessica L. Pagan, CPA on Aug 08, 2025

Are your company’s financial statements keeping up with how people consume information today? We live in a world that scrolls, swipes, and scans. With information coming at us nonstop, most people don’t have the time — or patience — for dense financial reports.

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Posted in Business Advisory

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