044 - Basics of Depreciation Under the OBBB

047 - IRS CP53E, Paper Checks Phase-Out, & Remote Payroll Issues

For this episode, we’re focusing on some recent tax headlines. In about 10 minutes, you’ll hear about an IRS notice that’s causing consternation and how it’s related to the government moving away from paper checks, a calculator that shows what your federal taxes pay for, and what employers need to know about remote and hybrid work when it comes to payroll. Listen in to learn more! * IRS Notice CP53E continuing to cause confusion [https://www.caseypeterson.com/irs-notice-cp53e/] * Update: What to know about the government ending paper checks [https://www.caseypeterson.com/government-ending-paper-checks/] * From USAFacts: What do your federal taxes pay for? [https://www.caseypeterson.com/what-federal-taxes-pay-for/] * Payroll considerations for remote and hybrid work [https://www.caseypeterson.com/remote-hybrid-payroll/] * IRS direct payments [https://www.caseypeterson.com/resource-center/irs-direct-payments/] * ID.me [https://www.id.me/] * IRS Individual Online Account [https://www.irs.gov/payments/online-account-for-individuals]

046 - Rural Health Transformation Program Part 2

That's right, we're back with Part 2! For background information on the Rural Health Transformation Program, be sure to listen to Part 1 here [https://cpadvisors.podbean.com/e/045-rural-health-transformation-program-part-1/]. In this episode, we dig further into the details and talk about how the funds are being distributed, and what rural healthcare facilities need to know. Whether you’re part of a rural healthcare facility, receive care from one, or like to keep up on the ever-shifting healthcare landscape, there’s something for you. Listen in to learn more! * Single audits [https://www.caseypeterson.com/services/audit-and-assurance-services/] * Which audit service is right for your organization? [https://www.caseypeterson.com/wp-content/uploads/2024/05/Audits_AUPs_Explained_EBook_230124.pdf] * South Dakota Association of Healthcare Organizations [https://sdaho.org/] * South Dakota Healthcare Association [https://www.sdhca.org/] * South Dakota Department of Health RHT [https://doh.sd.gov/healthcare-professionals/rural-health/rural-health-transformation-project/] * Wyoming RHT [https://health.wyo.gov/admin/rural-health-transformation-program/] * “Wyoming Wants To Make Its Five-Year Federal Rural Health Funding Last ‘Forever’” [https://kffhealthnews.org/news/article/wyoming-rural-health-transformation-funding-grants/] * GAAP Episode 036 – New Rural Health Clinic Standards and Profitability [https://www.caseypeterson.com/podcast/gaap-episode-036-new-rural-health-clinic-standards/] * GAAP Episode 034 – Medicare Bad Debt [https://www.caseypeterson.com/podcast/gaap-episode-034-medicare-bad-debt/] * GAAP Episode 033 – Funded Depreciation and Rural Healthcare [https://www.caseypeterson.com/podcast/gaap-episode-033-funded-depreciation-rural-healthcare/] * GAAP Episode 024 – Rural Health Clinics Part II [https://www.caseypeterson.com/podcast/gaap-episode-024-rural-health-clinics-part-ii/] * GAAP Episode 023 – Rural Health Clinics & Fruit Pizza [https://www.caseypeterson.com/podcast/gaap-episode-023-rural-health-clinics-fruit-pizza/] * GAAP Episode 022 – Fun With Allowable Costs And Activities And Medicare Advantage Plans [https://www.caseypeterson.com/podcast/gaap-episode-022-fun-with-allowable-costs-and-activities-and-medicare-advantage-plans/] * GAAP Episode 013 – Nursing Home Star Ratings [https://www.caseypeterson.com/podcast/nursing-homes-star-ratings/] * GAAP Episode 011 – Healthcare Allocation Statistics [https://www.caseypeterson.com/podcast/healthcare-allocation-statistics/]

045 - Rural Health Transformation Program Part 1

There’s a recurring theme in every episode we do about healthcare, and it goes something like this: This stuff’s really complicated. (Listen, we didn’t say it was an earth-shattering theme). Anyhoo, the recently created Rural Healthcare Transformation Program [https://www.cms.gov/priorities/rural-health-transformation-rht-program/overview] is no different. In fact, there are so many moving parts, we had to break this episode into two episodes. Shareholder and CPA Kelly Klein [https://www.caseypeterson.com/our-company/our-people/kelly-klein/] — longtime pod listener, first-time guest — explains how the program came to be, how the funds are being distributed, and what rural healthcare facilities need to know. Whether you’re part of a rural healthcare facility, receive care from one, or like to keep up on the ever-shifting healthcare landscape, there’s something for you. Listen in to learn more! * Single audits [https://www.caseypeterson.com/services/audit-and-assurance-services/] * Which audit service is right for your organization? * South Dakota Association of Healthcare Organizations [https://sdaho.org/] * South Dakota Healthcare Association [https://www.sdhca.org/] * South Dakota Department of Health RHT [https://doh.sd.gov/healthcare-professionals/rural-health/rural-health-transformation-project/] * Wyoming RHT [https://health.wyo.gov/admin/rural-health-transformation-program/] * “Wyoming Wants To Make Its Five-Year Federal Rural Health Funding Last ‘Forever’” [https://kffhealthnews.org/news/article/wyoming-rural-health-transformation-funding-grants/] * GAAP Episode 036 – New Rural Health Clinic Standards and Profitability [https://www.caseypeterson.com/podcast/gaap-episode-036-new-rural-health-clinic-standards/] * GAAP Episode 034 – Medicare Bad Debt [https://www.caseypeterson.com/podcast/gaap-episode-034-medicare-bad-debt/] * GAAP Episode 033 – Funded Depreciation and Rural Healthcare [https://www.caseypeterson.com/podcast/gaap-episode-033-funded-depreciation-rural-healthcare/] * GAAP Episode 024 – Rural Health Clinics Part II [https://www.caseypeterson.com/podcast/gaap-episode-024-rural-health-clinics-part-ii/] * GAAP Episode 023 – Rural Health Clinics & Fruit Pizza [https://www.caseypeterson.com/podcast/gaap-episode-023-rural-health-clinics-fruit-pizza/] * GAAP Episode 022 – Fun With Allowable Costs And Activities And Medicare Advantage Plans [https://www.caseypeterson.com/podcast/gaap-episode-022-fun-with-allowable-costs-and-activities-and-medicare-advantage-plans/] * GAAP Episode 013 – Nursing Home Star Ratings [https://www.caseypeterson.com/podcast/nursing-homes-star-ratings/] * GAAP Episode 011 – Healthcare Allocation Statistics [https://www.caseypeterson.com/podcast/healthcare-allocation-statistics/]

044 - Basics of Depreciation Under the OBBB

If you’ve ever had questions about depreciation, [https://www.irs.gov/taxtopics/tc704] bonus depreciation, [https://www.irs.gov/newsroom/additional-first-year-depreciation-deduction-bonus-faq] or section 179 deduction, [https://www.irs.gov/newsroom/depreciation-expense-helps-business-owners-keep-more-money] you’re a nerd, and this quick-hit podcast is for you. Shareholder, CPA, PFS, and CVA Zach Van Sambeek [https://www.caseypeterson.com/our-company/our-people/zach-van-sambeek/] explains what depreciation is, how it works, and how it changed under the One Big Beautiful Bill Act. [https://www.congress.gov/bill/119th-congress/house-bill/1/text] Listen in to learn more! * Is bonus depreciation permanent? [https://www.irs.gov/newsroom/treasury-irs-issue-guidance-on-the-additional-first-year-depreciation-deduction-amended-as-part-of-the-one-big-beautiful-bill] * GAAP Episode 031 – What to Bring to Your Tax Appointment [https://www.caseypeterson.com/podcast/gaap-episode-031-what-to-bring-to-your-tax-appointment/] * GAAP Episode 019 – Profit is a good thing [https://www.caseypeterson.com/podcast/gaap-episode-019-profit-good-thing/]

043 - How to Avoid Lifestyle Creep

Although “financial lifestyle creep” [https://en.wikipedia.org/wiki/Lifestyle_creep] might sound like a lost verse to a Radiohead hit [https://www.youtube.com/watch?v=suhlSjSzMUk], that’s not actually what we’re talking about on this episode. Shareholder and CPA, Kayce Gerlach [https://www.caseypeterson.com/our-company/our-people/kayce-gerlach/], and senior associate and CPA, Shay Casey [https://www.caseypeterson.com/our-company/our-people/shay-casey/], offer some solid, not-preachy advice about how to avoid the trap of spending more just because you make more. They talk about how lifestyle creep happens, how to spot it, how to decide what things you should spend money on, and why a Walmart Plus subscription [https://www.walmart.com/plus?sourceid=dsn_ad_f412d04f-b0ba-4734-b91e-f8891d11ac4f&veh=dsn&wmlspartner=dsn_ad_f412d04f-b0ba-4734-b91e-f8891d11ac4f&cn=FY26-bdb-wpl-usm-PMax_cnv_wpl_dsn_dis_ad_wpl_n_n&gclsrc=aw.ds&gad_source=1&gad_campaignid=23464061240&gbraid=0AAAAADmfBIpHCyCEnBUeSi1uVf8OJoV5j&gclid=CjwKCAiAvaLLBhBFEiwAYCNTf1HbpJSCg1zfP321WML2WGcuj86m4xsyfUhZP1MxuY3JXRCWgjuP4hoCvi4QAvD_BwE] is totally worth it (we’re not even sponsored!) Even if you’re not a creep [https://www.caseypeterson.com/our-company/our-people/hillary-dobbs-davis/] or a weirdo [https://www.caseypeterson.com/our-company/our-people/evan-ludes/], this episode’s packed with good ideas and insights. So, listen in to learn more! * GAAP Episode 042 – Financial Therapy with Rick Kahler [https://www.caseypeterson.com/podcast/gaap-episode-042-financial-therapy-with-rick-kahler/] * Casey Peterson’s wealth management services [https://www.caseypeterson.com/services/wealth-management/] * How Hillary supports her rock habit [https://www.rockshed.com/]