Last updated on June 5th, 2026The entity structure you choose for your healthcare practice can significantly affect your liability exposure, tax obligations, administrative requirements, and long-term growth strategy. Common ownership structures for healthcare practices include sole proprietorships, general partnerships, limited liability companies (LLCs), limited liability partnerships (LLPs), and professional corporations

For healthcare practices, the choice of accounting method isn’t just a compliance decision; it’s a strategic one. Yet many medical and dental practices often operate on a method that may not fully reflect the economic reality of their business. Understanding the difference between cash and accrual accounting, and when each

The One Big Beautiful Bill Act (OBBBA), signed into law in July 2025, has implemented numerous significant changes to the U.S. tax code. The law’s provisions impact organizations across a wide range of industries—including healthcare entities. Below are some of the key tax law changes under the OBBBA that could

Last updated on March 10th, 2026For New York-based medical and dental practices structured as partnerships or S corporations, 2026 offers another opportunity to elect in to New York State’s Pass-Through Entity Tax (PTET). But what exactly is the PTET, what are the potential benefits of opting in, and how can

Last updated on January 25th, 2024Certain healthcare employees who work consecutively between October 1, 2023 and March 31, 2024 may be eligible for a New York Health Care Worker Bonus of $500, $1,000 or $1,500. Between April 1 and May 1, eligible employers can submit a claim for all eligible employees.

Last updated on December 22nd, 2023No doubt, artificial intelligence (AI) has been one of the most talked about topics of the year, especially with the release of Chat-GPT-4 in March. Suddenly, it seemed everyone became aware of the very real possibility of AI replacing humans in a variety of professions,

Would you like to give your employees a bonus without paying a dime? Now may be your chance! Certain healthcare employees who worked consecutively between April 1 and September 30 of this year may be eligible for a New York Health Care Worker Bonus of $500, $1,000 or $1,500. Between

Recently, a number of new and updated tools and projects have been launched by a variety of sources to help protect healthcare environments from cybercrime, and they couldn’t have come at a better time. According to one source, the number of security breaches appear to be slowing but the number