Rounding Up Recently Released FASB Accounting Standards
The Financial Accounting Standards Board (FASB) has released a flurry of new standards — and guidance on old ones — in recent years. Some of the changes clarify existing standards, and others strive to converge U.S. Generally Accepted Accounting Principles (GAAP) with International Financial Reporting Standards (IFRS). It’s important to review the recent standards and guidance that are most likely to affect your company. read more »
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Clients4Life / Friends4Life
Do you ever find yourself wondering what type of impact you make on a client’s life? It is probably something we should be asking ourselves daily to make sure that we are delivering value in our relationships. Which brings me to a story about remarkable people who fall into the category of
clients4life /friends4life. read more »
Copiers and Scanners Retain Information
LBMC Warns and Suggests to Protect Your Information
If you are copying anything personal on an office copier/printer, caution is key to protect your private information.
Did you know that every copier built since 2002 contains a hard drive? Well, they do. Just like the one in your personal computer. No matter whether you copy, scan or email from the machine, it saves the information being duplicated. read more »
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LBMC Website Feedback
New website enhancements are coming in the summer of 2010. While we are making these new changes, we want to know if there is anything specific you want to see, or if you have experienced any difficulties finding information on the current site.
This is a feedback form only and does not allow for us to respond to comments.
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Five Key Steps to Ensure Federal Reimbursement for EMR Installation
Amidst all the hoopla surrounding the federal program to reimburse providers for adopting electronic medical records (EMR) systems, a key point sometimes gets overlooked: the path to payment is far from straight and easy.
It's fairly well known that medical practices will have to demonstrate in 25 different categories that they are making "meaningful use" of their EMR systems in order to receive the federal stimulus money. These include meeting standards with graduated milestones in 2011, 2013 and 2015 for such uses as e-prescribing and electronic order entry. read more »
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2010 Middle Tennessee Flood – Tax Impact
Major flooding in Middle Tennessee has affect thousands of people with property damages estimated well over a billion dollars. Anyone with flood related property damage that is not fully reimbursable by insurance may be entitled to a federal casualty-loss tax deduction. read more »
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Establishing a Dress Code A la mode
Perhaps your employees wear uniforms and company hats. Or maybe suit and tie is the standard garb in your workplace. If not, you are probably one of many employers that struggle with developing and enforcing a company dress code that fits the time. Here are some things to consider and some tips to help you when writing policy that addresses the dress. read more »
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Employee Conflict Resolution – Doin’ it Old School
In most cases, employees will spend as much if not more time with each other than they do with family and friends when you take into account a 40+ work week. Having a group of people with varying personalities in such close proximity to one another and for extended periods of time they are bound to butt heads every now and again. Differences in opinion, conflicting attitudes, several levels of work ethic and interpretations of quality are but a few of the reasons employees square off at work. read more »
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Employers - Protect Your Employees Against Identity Theft
As more and more Americans are becoming victims of identity theft, many employers are increasing their level of security to protect their employees. A recent General Accounting Office report estimates that as many as 750,000 Americans are victims of identity theft every year. So, what can you do to protect your employees? Here are some ideas. read more »
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Company Spotlight - Kelly LeBel
This month we would like to introduce you to our Payroll Distribution Specialist, Kelly LeBel.
Kelly joined LBMC Employment Partners in 2008 as the Payroll Distribution Specialist, a new position that works closely with our payroll team. Previously she worked in the Credits Department for DaVita and as a Payroll Assistant for Brookdale Senior Living. read more »
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