Is it Time to Fill Out a New W-4? Check with these Resources from the IRS
As the year draws to a close, many taxpayers find themselves in a different financial situation than they were in at the start of 2021. Now may be a good …
Insights and News
CMS Releases New Companion Job Aids for Eating, Oral Hygiene, Toileting, Bathing, Dressing, and More
CMS is offering companion job aids to assist providers in the assessment and coding of Job Aids – GG0130A. Eating, GG0130B. Oral Hygiene, GG0130C. Toileting Hygiene, GG0130E. Shower/Bathe Self, GG0130F. …
Small Business Owners: Make Sure You Don’t Leave these Health Related Tax Credits on the Table!
All small-business owners with one to 49 employees should have a medical plan for their business. Sure, it’s true that with 49 or fewer employees, the tax law does not …
401(k) Contribution Limit Increases to $20,500 for 2022
The IRS announced that the amount individuals can contribute to their 401(k) plans in 2022 has increased to $20,500, up from $19,500 for 2021 and 2020. The IRS today also issued …
Emergency COVID-19 Vaccine Rule from CMS: Vaccination Required for Most Provider Types and Facilities!
The Biden-Harris Administration is requiring COVID-19 vaccination of eligible staff at health care facilities that participate in the Medicare and Medicaid programs. These requirements will apply to approximately 76,000 providers …
Receiving the Child Tax Credit? Did You Have Changes to Your Income? Enter Any Updates on the IRS Portal ASAP!
Today, November 1, the IRS is launching a new feature allowing any family receiving monthly Child Tax Credit payments to update their income using the Child Tax Credit Update Portal …
Massachusetts Home Health Agencies: A Very Important MassHealth Update for 2022!
MassHealth has shared a critical update for home health agencies about regulatory changes which will become effective January 1, 2022. These are presented in detail in the PDF linked below. …
Are You Deducting Your Depreciating Assets? If Not You Might Be Able to Keep More Money in Your Pocket.
Are you thinking about buying personal property (such as a car, a computer, or other equipment) or real property (such as a building)? If you use the property for personal …
The IRS Begins Sending October Child Tax Credit (CTC) Payments. There’s Still Time to Sign Up!
Families are now receiving their advance Child Tax Credit (CTC) payment for the month of October. This fourth batch of advance monthly payments, totaling about $15 billion, is reaching about …
Take a Fresh Look at Your Tax Withholdings as 2021 Draws to a Close
The last quarter of 2021 is a good time to check your tax withholding. Life brings constant changes to individual financial situations. Events like marriage, divorce, a new child or …