LBMC Employment Partners, LLC, a member of the LBMC Family of Companies, has added Amy Hayes in its Knoxville office. read more »!doctype>
With the holidays coming up, it's a good time to review the tax rules involved in giving gifts to employees. The taxability of employee gifts generally depends on the value and the type of award. Here are some questions and answers that illustrate the complexity of the issue: read more »
LBMC is proud to announce participation in another successful campaign drive, “Full Tummies, Warm Hearts” that served 680 families in our community this year that would not have had a Thanksgiving meal through United Way of Williamson County. read more »!doctype>
Preventative medicine has become standard practice in workplace wellness programs. And one of the best tools employees can use to combat and potentially prevent illnesses is to know the medical histories of their families. Toward that end, the Surgeon General, in cooperation with the U.S. Department of Health and Human Services and other governmental agencies, has begun a Family Health Initiative. read more »
Unless your health plan has "grandfathered" status, you are already subject to the Affordable Care Act (ACA) requirement that preventive services (as defined on this government website) be included in your plan, and come without any employee deductible, co-pay or co-insurance provisions. (This assumes, of course, that you are large enough to be required to play or pay.) read more »
Employee fraud is a risk in every business, and physician practices are no exception. One survey done by the MGMA found that 83% of respondents have been affiliated with a practice that has been victimized by employee theft or embezzlement. And with an Association of Certified Fraud Examiners (ACFE) survey estimating that a typical organization loses 5% of its revenues to fraud, you could take a real hit to your bottom line.