NEUHAUS CPAS DECEMBER 2022 NEWSLETTER

Neuhaus CPAs

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Medicare Coverage: 2023 Premiums and Key Tax Considerations
For some people, one of the advantages of getting older is qualifying for Medicare health insurance coverage. But it’s not free. Premiums are deducted from your monthly Social Security payments — and the cost can quickly add up depending on your situation. Here are some important basics you should know about different types of coverage, monthly premiums for 2023 and tax considerations.

 

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The Benefits of Staff Bonuses
Keeping your staff members satisfied can reduce turnover and keep patients coming back. And with a lack of health care staff in some parts of the country and an even bigger shortage predicted nationwide in the near future, it’s important to try and retain your hard-working, experienced employees. See how staff bonuses might be the answer.

 

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Know the White Collar Laws Before Doing Business Abroad
Doing business abroad successfully means knowing more than just local customs and food. You need to know business and consumer laws, and among them, how the country deals with white-collar crime. Using Canada as an example, here are some steps to take to protect your company from internal fraud in an overseas operation.This article also looks at Canada’s packaging and labeling legislation.

 

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What Can Employers Do with Forfeited Employee FSA Balances?
A flexible spending account (FSA) is a health care benefit that provides tax savings for employers and employees. FSAs contain a “use-it-or-lose-it” feature. This could result in employees losing money not spent in accounts after a certain amount of time. Here are the basics of FSAs, as well as what employers’ options are for forfeited employee balances.

 

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