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The IRS issued Revenue Procedure 2019-13, which provides a safe harbor method for determining

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The Tax Cuts and Jobs Act includes a provision that denies businesses deductions related to qualified transportation fringe benefits. This includes qualified parking provided to employees by an employer.

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A new twist on an old scam is once again making its rounds, putting individuals on edge for fear of their Social Security number being suspended due to suspicious activity or a crime that was committed. There have been a few variations of the scam reported but the purpose is the same.

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The “Amazon effect” is finally being felt in health care. With this phenomenon, more emphasis is placed on data, which means more money on technology and systems, and bigger investments in infrastructure. Not every practice will have the resources to manage this seismic disruption, and those that fail to keep up may find themselves at a competitve disadvantage. More than 500 hospitals have merged into larger health systems in the past 10 years. In the last six years, $100 billion has been spent on hospital consolidation. Thinking about a sale or strategic partnership? Below are 10 factors to consider.

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Health care is not only one of the largest industries, but it is also one of the most complex. The combination of the size and complexity of the industry has resulted in endless frustration for practice managers when interpreting intense quantities of data. How are industry leaders supposed to make sense of this convoluted information and turn it into stronger results? The answer, in short, is benchmarking. Benchmarking, in this instance, is comparing the processes and metrics of a single business to those in the industry.

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In recent years, the health care industry has become susceptible to cyberattacks and lags behind other industries when it comes to cybersecurity. The shift from paper records to electronic records has left the industry with a difficult challenge: improving patient experience with online charts and quick turnaround of results, while simultaneously protecting all patient information. In order to understand the magnitude of the risk of insecure patient records, health care providers need to recall the vulnerable information they retain from patients, including social security numbers and credit card information.

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• Duties now cost 1.24% of $8.3 trillion in G8 imports • ‘Trump tariffs’ on steel, aluminium could see duties rise even further

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According to a new Standard & Poor’s report, there are two key indicators that will tell you what kind of shape the manufacturing industry is in. The first is the Institute for Supply Management’s Purchasing Manager’s Index and the second is the Federal Reserve’s Capacity Utilization Index for motor vehicles and parts. A reading above 50 percent for the ISM index indicates that manufacturing is expanding in the US, and below 50 means that it is contracting. History shows that each time since 1983 that the index fell below 43 percent “speculative grade” automotive companies began to panic. Similarly any time the Fed’s utilization rate dropped below 72 percent during that period, it caused stress to automotive companies.

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As an independent member of Urbach Hacker Young International Limited ("UHYI" or "UHY"), we are able to call upon the resources of professional service firms throughout the world. Established in 1986 and based in London, UHY is a world leader in audit, accounting, tax and business advisory services. The network brings together the global expertise of UHY's independent members, all highly regarded, professional and reputable firms in their own local markets.

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As director of financial reporting and quality control, Betina Dufault will act as a technical resource for the firm's significant audit practice, consulting with our professionals as they adopt new audit procedures and review new accounting principles. Dufault comes to us with 25 plus years of work experience, including overseeing the remediation program for the country's largest accounting firms for the last seven years and Big Four accounting experience.

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