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Tax Fraud Blotter: Sick excuses

Accounting Today

Alvarez did not have a PTIN and admitted that in 2019 and 2020 she misrepresented taxpayers eligibility for education credits and deducted fictitious business expenses from their taxable income to reduce tax liabilities and inflate refunds. Charleston, West Virginia: Business owner Luther A. million payroll tax scheme.

Tax
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How GST on Digital Services Affects Your Netflix, Spotify, and Other Subscriptions in Singapore

Counto

GST on digital services was introduced in Singapore on 1 January 2020, requiring overseas service providers to charge 7% GST on business-to-consumer (B2C) digital services. No Additional Steps Required: The GST is collected by the service provider, so consumers do not need to take action. What Is GST on Digital Services?

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State of FinOps ’24: Top Priorities Shift to Reducing Waste and Managing Commitments

FinOps Foundation

State of FinOps Survey The State of FinOps is an annual survey conducted by the FinOps Foundation since 2020 to collect information about key priorities, industry trends, and the direction of the FinOps practice. The State of FinOps survey is conducted with a continuous collection model, meaning it is open year round.

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Alleviating Financial Pressure in the New Normal

RevCycle

As early as March 2020, hospital revenue streams began taking a huge hit due to the cancellation of elective procedures, which along with increased costs had a significantly negative impact on the industry’s credit outlook. accepting smaller payments, more thorough reviews before sending to collections, etc.). Industry Introspection.

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5 Ways to Use Travel and Expense Data Strategically

NextProcess

How do you use the data you’re collecting about travel and expense (T&E) in your company? Plus, SaaS BPA solutions collect data automatically and make it easy to run reports to use in strategic planning. Trends and patterns in expense management data provide insight for making useful budgets.

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Mastering Patient Eligibility Verification: Best Practices, Proven Solutions, and Real-World Examples [SSI Preventing Eligibility Denials Series: Part 3 of 3]

SSI Healthcare Rev Cycle Solutions

With its denial budget decreasing every year, Anderson Regional wanted to do everything possible to address denials and meet its revenue goals. The hospital system decided to move forward with the new strategy and worked with SSI in the fall of 2020 to implement Access Director’s full suite of patient access functionality.

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Construction Industry Trends: 5 Game-Changing Shifts for Accounts Payable in 2022

AvidXchange

The industry recovered well from the 2020 recession and is more readily embracing technology to enhance productivity and provide a competitive advantage. An analysis of 1,200 companies globally that were hit by cyber extortion between 2020 and 2021 revealed those parts of the market where ransomware is the most widespread.