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Huddleston Tax CPAs | Accounting Firm In Seattle

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medical

dna strands with a digital overlay

July 29, 2023 By john

How to Use Data to Improve Cash Flow for Your Medical Practice

Cash flow and collections are essential for the success of any medical practice. However, many small medical practices don't realize they have valuable data at their disposal that can be used to improve these processes. By understanding your data, you can gain insights into your patients, your

Filed Under: medical

hands typing on a laptop with a stethoscope nearby

September 9, 2022 By john

What Physicians Need to Know About the inflation Tax Act of 2022

First and foremost, the Inflation Tax Act is unlikely to negatively impact private practices. However, there is a high probability it will impact doctors working in hospitals. The reason for this is due to the corporate minimum tax in the new bill. Previously, corporate giants (like Amazon) did not

Filed Under: medical

calculator and pen atop a stack of unorganized papers with highlights and circles around the tax implication

July 16, 2021 By john

6 Things To Keep In Mind For Your Healthcare Accounting

Practicing medicine is complicated, but you can at least hone in and focus on the task at hand. When you start your own practice though, the business, payroll, customer care, etc. can quickly override everything else. For a better understanding what the healthcare accounting process is and how it

Filed Under: medical

business owner white boarding with employees

June 25, 2021 By john

Medical Practice Start Up Tips

For many, medicine is a lifelong practice -- certainly a career that asks a substantial commitment to the pursuer. And while a career in medicine can provide fulfillment in many ways, there are also plenty of grueling years. If you're in the field, then you know the misconception that "medicine" =

Filed Under: medical

x ray of a hand giving the OK signal

April 30, 2021 By john

Tax Deductions For Doctors & Nurses

There's a lot of benefits to working in the medical field and one of them is their specific tax deductions. Whether you own a medical practice or are a primary care physician, LPN, or RN, there's a number of deductions many don't take advantage of. 1. Operating Expenses This one is

Filed Under: medical

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