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Not-For-Profit Cost Allocations Best Practices and Tips
By Holly Hejmowski, CPA on April 10, 2024

Effective methods to allocate costs for informed decision-making A significant challenge facing many not-for-profit (NFP) organizations involves determining how much of their resources and...

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Harnessing Technology's Potential in Not-For-Profit Operations
By Holly Hejmowski, CPA on March 20, 2024

Not-for-profits can, and must, keep up with advancing technology When thinking of technological innovation, the not-for-profit sector is not likely to be one of the first places that come...

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Protecting your Financial Health: Considerations for Insurance Claims and Litigation Related to the Change Healthcare Cyber-Attack

The cyber-attack on Change Healthcare has severely impacted healthcare providers' financial operations, disrupting claims processing, billing, and prescription services, and putting...

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IRS Audit Risk Alert: The IRS is Aggressively Pursuing Employee Retention Credit Claims in a New Way to Determine Validity: Understanding Your Letter 6612

New Update: Understanding Your Letter 6612. The IRS escalated its verification efforts for Employee Retention Credit (ERC) claims. Businesses that submitted ERC claims are now under even...

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3/11/24 Update: Change Healthcare Cyber Attack and Preparing for Its Effects
By Freed Maxick Healthcare Consulting Team on February 23, 2024

Update (3/11/24): Insurance Claims and Litigation Considerations for organizations impacted by the Change Healthcare cyber-attack The impact of the unfortunate cyber-attack upon Change...

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IRS Audit Risk Alert: IRS to Target ERC Promoters and their Clients

Newly proposed federal legislation will require ERC Promoters to disclose their clients to the IRS. This move increases audit scrutiny for all businesses, particularly those who sought...

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