Navigating Revenue Recognition in Healthcare: What You Need to Know
Revenue recognition ensures your financial reporting accurately reflects the services you’ve delivered—not just when you…
Understanding IRS Tax Audit Penalties: Consequences and Solutions
Enacted into law in August 2022, the Inflation Reduction Act contains multiple provisions that purport…
The Financial Audit and Importance for Businesses
Financial audits are not just about ticking off compliance boxes; they play an important role…
Understanding the Medical Billing Process
Medical billing is a fundamental and critical component of healthcare and essential for healthcare providers…
Guide to Hospice Billing Guidelines: Essentials Steps for Accurate Claims Processing
As part of our ongoing blog series, we at Walters want to get even more…
Essential Guide to Hospice Accounting: Best Practices for Success
Readers of our blogs know we cover a variety of accounting issues, often with a…
Understanding 401k Audit Cost
The cost of a 401(k) plan audit depends on many factors, including the type of…
Essential Tax Considerations for Hospices: A Guide for Care Providers
When thinking of end-of-life choices, one’s thoughts will inevitably turn to hospice, a compassionate…
Understanding Medicare Cost Reports: Essential Insights for Providers
What is a Medicare Cost Report? Those managing healthcare facilities are likely to be well-versed…
When Should You Hire a CPA?
Hiring a Certified Public Accountant (CPA) offers tremendous benefits for business owners, freelancers, and other…
The Importance of Healthcare Cost Accounting: A Comprehensive Guide
Understanding Healthcare Cost Accounting Over the past few months, we’ve been discussing various elements of…
Mastering the Nonresident State Tax Return: A Step-by-Step Guide
According to a recent survey conducted by the Tax Foundation, a non-profit and nonpartisan tax…