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Jul
22

Is Your Business’ Ace a Board of Directors or an Advisory Board?

 

In today’s highly competitive business environment companies that utilize a board may find themselves holding a trump card. Why? Because boards provide guidance and perspective that help companies thrive. There are two types of boards that businesses utilize – an advisory board and a board of directors. The primary differences between the two types of boards are liability, role, representation, and decision level. Watch as CRI’s Candy Cunard discusses advisory boards and boards of directors and how CRI can assist your business in establishing a board.

Jul
21

Thousands of individuals receive suspicious emails, phone calls, faxes or notices from entities claiming to be the Internal Revenue Service (IRS)—often even including the IRS logo. These “phishing scams” are tactics devised to trick you into revealing personal and financial details that can then be used to commit identity theft and steal money. And the….

Jul
10

Picture This: Financial Reporting Framework for Small- and Medium-Sized Entities

 

Privately-held small- and medium-sized entities (SMEs) have an alternative to consider for their financial reporting needs. The financial reporting framework for SMEs (commonly known as SME framework) blends traditional accounting methods with accrual income tax methods to clearly report what is owned, what is owed, and cash flow. Watch as Melissa Barnes and Alan Jowers discuss the efficiency and cost-savings associated with the new framework.

Jul
08

As a parent, you’re already the “boss” of your dependent children. But did you know that you can reap some significant tax benefits from hiring your child to work under you as an actual employee? And that’s not all. Your child benefits too – gaining valuable work experience, developing a strong work ethic, learning important….

Jul
02

If you are a parent paying for a student attending college, then there’s good news—in addition to extra space in the house. Besides the two credits—the American Opportunity Credit and the Lifetime Learning Credit—there are two categories of deductions that may apply and CRI has provided the basics below. These school deductions include: Tuition and….

Jun
29

Creating Physician Compensation Plans Based on Relative Value Units

 

Physician practices need to attract new physicians to grow and prosper in today’s competitive healthcare environment. If a practice is having problems hiring new physicians, then the practice needs to review the physician compensation plan. Effective plans should balance both production and operations while providing a mechanism for physician performance measurement and feedback. Watch as Dale Cooper and Debi Alberdi discuss steps to improve physician compensation plan models including implementing new metrics focused on relative value units (RVUs).