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Don’t Let Tax Season Sneak Up: Use This Checklist

Nurse Practitioners in Business

People and businesses get ready to file their yearly income tax. While business filing dates can vary with the choice of business structure and date of formation, most small business owners file their business taxes when they file their personal tax returns. The tax season is moving into full swing.

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Why Practice Cash Flow Is More Important Than You Think

Nurse Practitioners in Business

Many business owners falsely assume their business is doing well if they bring in lots of money. They assume that their business is safe as long as they see many patients and generate enough revenue. However, profit is what is left after the business pays all expenses. Well, not necessarily.

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Record-Keeping Beyond Charts

Nurse Practitioners in Business

Financial Records Every business is required to track and record all income and expenses. Maintain records of Breach Notification Policies, Business Associate Agreements, and Access Logs (if applicable). Business financial & tax records for 7 years (check current IRS rules). Record Retention: How Long is Long Enough?

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What is the Voice Stopping you From Starting Your Nurse Owned Business?

Empowered Nurses

If you have a desire to start a nurse owned business, it means you can! Starting a nurse-owned business can be daunting, and nurses often have specific objections rooted in their background and professional experience. “I don’t have the business skills or knowledge.” Solution: Frame marketing as education. .”

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Specialist or Generalist: Which is Right for You?

Nurse Practitioners in Business

While specialization may require additional education, credentials, and experience, it’s not always a prerequisite. Your education may already qualify you to focus on various conditions and work with different populations. Some specialties work only as a cash-only business. appeared first on Nurse Practitioners in Business.

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Take The Deduction; Pay Less Tax

Nurse Practitioners in Business

Personal vs Business Deductions The tax code allows tax deductions for both individuals and businesses. Certain tax deductions, for example, charitable contributions, are available to both individuals and businesses. However, there are far more tax deductions available to businesses than individuals.

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How Business Acumen Drives Value-Based Care

American Medical Compliance

Today, doctors, nurses, and care managers are being asked to think like business leaders and thats where business acumen comes in. But what does business acumen really mean for someone in scrubs? Get the Business Acumen in Healthcare Training Here What Is Value-Based Care? Lets break it down.