Ransomware has become a hot topic of conversation in the healthcare world as the industry awaits guidance from the Department of Health and Human Services’ Office for Civil Rights to determine if a ransomware attack is a reportable breach under HIPAA.

Part 79 of the Environmental Protection Agency’s (EPA) fuels regulations requires that all producers and importers of any motor vehicle fuel must file quarterly and annual reports with the EPA. This includes petroleum diesel and gasoline, biodiesel, and renewable diesel and gasoline fuels.

Many businesses host a picnic for employees in the summer. It’s a fun activity for your staff and you may be able to take a larger deduction for the cost than you would on other meal and entertainment expenses.

Another challenge to Quill and the physical presence requirement has surfaced. Under Quill1, in order for a state to impose a sales tax collection requirement, the taxpayer must have a physical presence within the state.  

Your sales team closes a custom order for a new customer. Then the production crew works diligently to meet the order’s two-week deadline. The final product meets the customer’s specs and ships on time. But what’s missing?

Late last year, the SEC modified its guidance on the proxy “unbundling” rule.

On May 12, the Financial Accounting Standards Board (FASB) issued a proposal to simplify the measurement of goodwill impairments by removing the current requirement for measuring them. Here’s more on this proposal and related considerations on the FASB’s radar.

With health care costs continuing to climb, tax-friendly ways to pay for these expenses are more attractive than ever. Health Savings Accounts (HSAs), Flexible Spending Accounts (FSAs) and Health Reimbursement Accounts (HRAs) all provide opportunities for tax-advantaged funding of health care expenses.

The Texas Court of Appeals has ruled that Fitness International, LLC (Fitness / Appellant) has been denied part of its refund claim for alleged overpayment of sales taxes for certain items purchased for use by its health club members.

The Financial Accounting Standards Board (FASB) has approved publication of its final standard for writing down bad loans and securities. It’s expected to be finalized by the end of June.