Tag: exempt
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The Tax Cuts and Jobs Act: How Will It Affect YOU?
The new tax reform law — commonly referred to as the “Tax Cuts and Jobs Act” (TCJA) — is the most significant tax legislation in decades. Although the law was passed only a few weeks ago, the impact on the economy and business outlook seems undeniable as the stock market rally continues and both individuals…
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Physicians Can Now Apply for Hardship Exception for QPP
Physicians who have insufficient internet connectivity, “extreme and uncontrollable” circumstances or lack of control over the availability of certified electronic health record technology can begin applying for a hardship exception from the Quality Payment Program (QPP) requirement. The exception is for physicians eligible to participate in the Merit-based Incentive Payment System (MIPS). Hospital-based physicians are…
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Managing Your Practice New Overtime Law Could Be a Land Mine
Editor’s note: This article was originally published in the 2016 Summer Issue of Alabama Medicine magazine. This is the time of year when many physician groups are evaluating their employees’ performances for the purpose of giving raises or bonuses. For most groups, the majority of their employees are not exempt from the overtime law. The…