Category: Medical Practice Management
Understanding and minimizing the chance of employee fraud
Have you ever considered the possibility of one of your employees engaging in fraud? Trusted individuals can betray that trust when three conditions converge, commonly known as the “Fraud Triangle”: Pressure: There exists a hidden need for money, often driven...
Recent tax case related to income from surgical center
In Stephen P. Hardy and Angela M. Hardy v. Commissioner, the U.S. Tax Court found that Dr. Stephen P. Hardy, a plastic surgeon who owned a minority interest in a surgical center, was allowed to treat his income from the surgical...