Timonium, MD (Feb. 9, 2023) — Medical Business Advisors has been a successful division of KatzAbosch, a regional CPA and business consulting firm for a number of years. KatzAbosch has made the decision to transition this medical practice management consulting service to its sister company, BlueStone Services in the new year. BlueStone Services offers small … Read more
Your starting salaries should be competitive, fair, and aligned with your budget. Many factors come into play when striking this balance, including understanding and addressing salary compaction. Salary compaction is a phrase that comes into play and occurs when there’s little differentiation in pay between employees regardless of their skills or experience level. This typically … Read more
In the complex world of business operations, leaders often find themselves navigating a sea of financial statements and documents. While the income statement is a familiar companion, the often-overlooked cash flow statement is equally pivotal in understanding and steering a company’s financial well-being. Without a clear grasp of cash flow dynamics, managing a business can … Read more
S corporations allow the business to pass corporate income, losses, deductions and credits through to their shareholders for federal tax purposes. But with those great advantages come many rules, including those related to compensation. Shareholder-employees may think there’s no practical difference between income as an owner and income as an employee, but they’d be wrong. … Read more
According to a recent Gallup survey, it has been shown that approximately “36% of U.S. employees are engaged in their work and workplace.” This conclusion was drawn as a result of data pertaining to the first six months of 2021 in the United States. Worldwide, on a literal global scale, this percentage drops down to … Read more
