The rise in cybercrime is no secret, with news of major breaches routinely making national headlines. What many don’t realize, however, is that cybercrime is in the midst of an exponential rise across industries and the global business landscape, and that lack of knowledge is the greatest risk of all.
In August 2015, the Securities and Exchange Commission approved new rules which will enhance disclosures of CEO pay for public companies in regular filings. The new ruling will require three simple disclosures: the median of the annual total compensation of all its employees—except the CEO, the annual total compensation of the CEO, and the ratio of the two amounts.
With several pen strokes on Monday, November 2, 2015, President Barack Obama signed the Bipartisan Budget Act of 2015 into law. While many of the headlines surrounding this budget commended Congress for coming to an agreement to avoid a shutdown of the U.S. government by funding operations through 2017, there is much more to this budget.
The nursing home industry may feel under siege given the number of changes, both proposed and finalized, coming out of Washington this year.
Employers often must decipher how to treat payments made to workers for their services. Determining whether the payment represents wages or contracted services involves making a distinction of whether someone should be treated as an employee or independent contractor. Employers generally must withhold income taxes, withhold and pay employees’ shares of social security and Medicare taxes, match those payments with the employer’s own funds, and pay unemployment taxes on all wages paid to their employees.
The Centers for Medicare and Medicaid Services (CMS) has required recipient hospitals of Meaningful Use (MU) incentives to be subject to audit as part of the new, evolving program. When those audits take place at your hospital isn’t a matter of if, but likely rather when. Are you ready? If not, you should be, because the process of auditing organizations like yours has already begun.