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Key Financial Considerations in Physician Practice Transactions
The financial due diligence of physician practices could prove challenging given the general cash basis nature of accounting. However, understanding the key issues and analyses ...
Record Retention Schedule for Individuals
Before you begin to spring clean your stacks of records, remember that some pieces must be available for IRS review upon request. It is important to ...
New Research and Development Tax Regulations Take a Bite out of Cash Flow
Business entities with significant R&D budgets should be prepared for tax law changes effective in 2022. Although the Tax Cuts and Jobs Act (TCJA) was ...
Outsourcing Business Processes for Innovation
Are there business processes that cause you constant distractions or consume too much of your time? Outsourcing might be the solution needed to keep focused ...
How to Get the Most out of Your Rental Property
Are you considering investing in a rental property? Or do you have a vacation home that you are thinking of renting out to others? If ...
Qualities of Good Network Diagrams for PCI
LBMC Information Security shares the qualities of good network diagrams for PCI compliance.
Dynamics GP workflow email message troubleshooting
This blog covers two issues with email workflows within Microsoft Dynamics GP: GP 2015 R2, email workflows GP 2015, Payables Transaction Workflow (Missing Attachments) Even ...
Ten Characteristics a Strong Mentor Possesses
How a Mentor Can Impact Your Personal and Professional Growth in the Short and Long Term The impact a mentor can make is so powerful. ...
Five Areas to Focus on in Advisory and Business Consulting
January brings a time of new beginnings and a focus on the annual audit and tax season. As you are thinking about priorities for Q1, ...
Prepare for and Pass the SOC Examination
If you outsource services, your clients may request a Service Organization Control (SOC) Report. They want proof that you meet regulatory requirements, have adequate security, ...
Cycle Counting Benefits and Implementation
Cycle counting is a process that replaces comprehensive annual inventories with smaller counts conducted on a continuous basis. In this article learn how investing in ...
The Most Common Mistakes Made In PCI Compliance Programs
After conducting hundreds of Payment Card Industry (PCI) Report on Compliance assessments and providing PCI consulting for many organizations, our team at LBMC has identified ...