Accounting & Tax News

19 09, 2016

Draffin & Tucker Submits Comments to DOR Regarding New Rural Hospital Tax Credit Program

2016-09-19T18:46:46+00:00September 19th, 2016|Tax News|

Draffin & Tucker submitted comments to the DOR regarding the Qualified Rural Hospital Organization Expense Tax Credit and Proposed Rule 560-7-.57.  While Draffin & Tucker finds much of the proposed rule to be appropriate, we also believe there are areas which could be modified to streamline the process and relieve some of the administrative burden of the [...]

14 09, 2016

Jeremy Wilson Authors Article on Georgia Senate Bill 258 for GSCPA’s Current Accounts

2017-08-30T12:09:57+00:00September 14th, 2016|Tax News|

Draffin & Tucker’s Jeremy Wilson authored the article “Georgia Senate Bill 258: The General Assembly’s Attempt to Sustain Georgia’s Tax-Exempt, Rural Hospitals with a State Income Tax Credit,” that appeared in the Georgia Society of Certified Public Accountants September/October 2016 issue of Current Accounts. In the article, Jeremy talks about the concerns Georgia’s rural [...]

4 05, 2016

Cindy DuPree works with National Association of Community Health Centers on 340B Guidance

2017-05-10T16:43:17+00:00May 4th, 2016|340B|

  Draffin & Tucker was engaged by the National Association of Community Health Centers to develop its 150-page 340B Guidance Manual. The manual was published in March 2016 and can be purchased from NACHC at www.nachc.org. In addition to assisting with the publication, Cindy DuPree also presented a four-part webinar series for the Association in [...]

20 04, 2016

CMS Posts Fact Sheet on Hospital Inpatient Prospective Payment System and Long Term Acute Care Hospital Proposed Rule Issued

2017-06-30T12:10:47+00:00April 20th, 2016|Tax News|

  Hospital Inpatient Prospective Payment System (IPPS) and Long Term Acute Care Hospital (LTCH) Proposed Rule Issues for Fiscal Year (FY) 2017*   Date: 2016-04-18 Title: Hospital Inpatient Prospective Payment System (IPPS) and Long Term Acute Care Hospital (LTCH) Proposed Rule Issues for Fiscal Year (FY) 2017 Contact: press@cms.hhs.gov *Content by the Centers for Medicare & Medcaid Services. On [...]

5 02, 2016

Employee Benefit Plans – What You Should Know

2017-06-30T12:10:47+00:00February 5th, 2016|Tax News|

The Department of Labor (DOL) emailed a notice regarding auditor selection on November 16, 2015, to all plan administrators required to submit an annual audit of their employee benefit plan(s) with the Form 5500 filing. The email, A Message from the U.S. Department of Labor – The Importance of a Quality Benefit Plan Audit sent [...]

7 12, 2015

Jim Creamer Speaks at GAHE Mini-Cluster on Sustaining a Financially Vibrant Healthcare Organization

2016-02-05T14:19:40+00:00December 7th, 2015|Tax News|

On Dec. 7, 2015, Draffin & Tucker partner, Jim Creamer, CPA, spoke to the Georgia Association of Healthcare Executives at their annual mini-cluster CPE conference in Macon, Ga. At the conference, Jim participated in a panel discussion on “Sustaining a Financially Vibrant Healthcare Organization.” Jim and the panel discussed issues such as workforce shortages and [...]

9 11, 2015

Jeremy Wilson Authors Article on Complex Ownership Structures for Family Business Magazine

2017-06-30T12:10:47+00:00November 9th, 2015|Tax News|

Draffin & Tucker’s Jeremy Wilson recently authored an article entitled “Avoiding Problems That Often Arise with Complex Ownership Structures,” for Family Business magazine’s November/December 2015 issue. In the article, Jeremy discusses best practices for high net worth families that have several business enterprises and a complex entity structure. He says that while the organizational structure [...]

4 11, 2015

Jeremy Wilson Authors Whitepaper on ILITs and IDGTs: The Renewed Case for Old Friends

2017-08-07T19:00:55+00:00November 4th, 2015|Tax News, Whitepapers|

ILITs and IDGTs: The Renewed Case for Old Friends When Congress passed the American Taxpayer Relief Act of 2012 (“ATRA”), the unified credit for gift and estate tax became permanently set at $5 million. Not only was the unified credit set at the highest amount in its history, but it was further increased by [...]

27 10, 2015

Partner Steve Bedsole Presents on Updates to Medicare Cost Reports at GAPHC Annual Conference

2015-10-27T14:13:56+00:00October 27th, 2015|Tax News|

Draffin & Tucker partner Steve Bedsole spoke to the Georgia Association for Primary Health Care on the new updates to Medicare cost reports during their annual conference on October 13-15, 2015. During the presentation, Steve discussed cost reports and why they are still important for healthcare organizations under the new reimbursement model. He also addressed [...]