Knowledge Center
Thank you for visiting our Knowledge Center. In the blog feed below you will find all articles, press releases, event information and news items about our firm and current industry trends. The Knowledge Center menu to the right will filter all posts based on category. The search feature is available to help narrow the presented information further.
2017 Hospital Financial Survey
July 27, 2018 is the deadline for filing the 2017 Hospital Financial Survey (HFS), Financial Statement Reconciliation Addendum, and Indigent Care Trust Fund Addendum. The forms and instructions can be accessed on the Georgia [...]
Georgia Qualified Rural Hospital Organization Expense Tax Credit Program Notification
On May 23, 2018, Treasury released Notice 2018-54, stating that proposed regulations are forthcoming related to the federal income tax treatment of certain payments made by taxpayers for which a credit is received against their [...]
SFY 2018 Nursing Home UPL Payments
In a memorandum dated May 21, 2018, from John Upchurch, the Georgia Department of Community Health (DCH) communicated the process of the State Fiscal Year 2018 Nursing Home Upper Payment Limit (UPL) payments for [...]
SFY 2018 Indigent Care Trust Fund Final Payments
The Georgia Department of Community Health (DCH) has communicated to providers in a memorandum dated May 14th that DCH is preparing to make final payments for the State Fiscal Year 2018 Disproportionate Share Hospital [...]
DCH Releases Updated Pharmacy Services Provider Manual with New Requirements for 340B Claims
Recently, the Department of Community Health (DCH) published an updated Pharmacy Services Provider Manual with additional billing instructions for all 340B drug claims. DCH used this update to consolidate prior guidance and provide additional [...]
Low Volume Hospital Payment Adjustments for FFY 2018
The Bipartisan Budget Act of 2018 extends the relaxed qualifying criteria for the low volume hospital payment adjustment through September 30, 2018. Under the relaxed criteria, the payment increases are applicable for hospitals that [...]
Recruitment and Retention Opportunities and Challenges
Learn how Draffin & Tucker recruitment and retention efforts contribute to our firm's success. Managing partner, Jeff Wright, is interviewed by The Georgia Society of CPAs.
DCH to require claim-level modifiers for 340B drug claims starting July 1, 2018
Recently, the Department of Community Health (DCH) released billing instructions for Hospital 340B drug claims submission effective July 1, 2018. This change means that the Medicaid Exclusion File will no longer be exclusively used [...]
SFY 2018 Nursing Home UPL Payments
In a memorandum dated March 12, 2018, from John Upchurch, the Georgia Department of Community Health (DCH) communicated the process of the State Fiscal Year 2018 Nursing Home Upper Payment Limit (UPL) payments for [...]
Expansion of the Medicaid Physician UPL Supplemental Payment Program
In a memorandum dated January 25, 2018, from John Upchurch, the Georgia Department of Community Health (DCH) announced it is seeking approval from the Centers for Medicare and Medicaid Services (CMS) to expand the [...]
Draffin & Tucker Announces Promotions for January 2018
ALBANY/ATLANTA, January 24, 2018 – Draffin & Tucker, LLP is pleased to announce the promotions of the following three professionals effective January 1, 2018. In the firm’s Albany office: Ben Glass has been promoted to [...]
How will the 20 Percent Deduction reduce the tax bill for owners of pass-through entities?
One of the key components of the “Tax Cuts and Jobs Act of 2017” (“TCJA”) was the newly created deduction for owners of pass-through entities. This topic was briefly discussed in our blog titled [...]
Changes to Unrelated Business Income Tax Under the Tax Cuts and Jobs Act
Organizations subject to Unrelated Business Income (UBI) Tax at corporate rates will now pay a flat tax rate of 21%. However, for taxable years beginning after December 31, 2017 multiple UBI activities can no [...]
Excise Tax on Excess Tax-Exempt Organization Executive Compensation
For taxable years beginning after December 31, 2017 an excise tax of 21% is imposed on compensation exceeding $1 million paid to any of an organization’s covered employees and to any excess parachute payments [...]
Overview of the Individual Provisions in the New Tax Reform Act
For the first time in 30 years, we have sweeping changes in income tax law! On December 22, 2017, President Trump signed into law the “Tax Cuts and Jobs Act of 2017” (“TCJA”). Unlike [...]
Overview of the Business Provisions in the New Tax Reform Act
For the first time in 30 years, we have sweeping changes in income tax law! On December 22, 2017, President Trump signed into law the “Tax Cuts and Jobs Act of 2017” (“TCJA”). Unlike [...]
Rural Hospital Tax Credit Program Annual Hospital Report
The last step for hospitals receiving calendar year 2017 Tax Credit donations is an annual report to the State. The 2017 Rural Hospital Tax Credit Donation and Expenditure Report must be submitted to the [...]
New Year Brings Medicare Part B Cuts for 340B Purchased Drugs
While many of us were preparing to ring in the New Year, U.S. District Judge Rudolph Contreras ruled that CMS’s nearly 30% payment reduction on certain 340B purchased drugs could take effect as planned. [...]
Hospice Cap Changes
The fiscal year (FY) 2016 Hospice Wage Index and Payment Rate Update final rule included a change to align the inpatient and aggregate cap accounting year with the federal fiscal year of September 30 [...]
General Rules for Business Expense Deductions
Determining whether an expense qualifies as a deducible business expense is challenging for the new business owner. Below, are summarized guidelines to help determine whether an expense qualifies as being deductible as a business [...]
Business and Personal Use of Automobiles
Being a professional service provider, traveling is often necessary in providing services. As such, a decision has to be made on how to account for these expenses and deductions for tax purposes. In most [...]
Properly Classifying Employees and Independent Contractors
A frequent question of nearly all start-up law firms is: how do I classify my support team? The first hire might be an administrative assistant or paralegal who works part-time, and for the first [...]
Essential Community Providers
Providers who qualify as Essential Community Providers (ECPs) should verify they have been included in the draft list recently released by the Centers for Medicare and Medicaid Services (CMS). ECPs are defined as providers [...]
State Fiscal Year 2018 Indigent Care Trust Fund Interim Payments
The Georgia Department of Community Health (DCH) has communicated to providers in a memorandum dated November 8, 2017 that DCH is preparing to make interim payments for the State Fiscal Year 2018 Disproportionate Share [...]
SFY 2017 Hospital UPL Payments
In a memorandum dated October 6, 2017, from John Upchurch, the Georgia Department of Community Health (DCH) communicated the process of the State Fiscal Year 2017 Upper Payment Limit (UPL) hospital payments. This memorandum [...]