The Department of Labor’s Proposed Rule for Classifying Independent Contractor vs. Employee
The long-running problem concerning employers’ inability to classify their workers has run into legal disputes along with underpaid overtime and taxes. The dispute between independent contractor vs. employee classification is not new. However, there may be a strong leap in the right direction coming soon. The United States Department of Labor (DOL) just released a highly anticipated “Proposed Rule”. This is meant to guide employers through the process of classifying a worker as an employee or independent contractor. Once approved, this proposal would help employers classify their workers and avoid lawsuits.
COVID-19 and CMS Audit Ramp-up Information
Regardless of where COVID-19 is on August 3rd, 2020, CMS’ audit programs are going live! CMS halted audits in March, 2020 for RACs, SMRC, TPE and most other pre and post-payment audits at the beginning of the Pandemic. However, beginning August 3rd CMS is resuming TPE, SMRC and RAC audits regardless of whether or not the U.S. is still battling COVID! CMS has made it crystal clear these audits are critical to their Integrity Programs and there will be no extending the enforcement discretion period.
Get a copy of the 2019 NSCHBC Practice Statistics Report TODAY Each year the Society surveys its members and compiles a Statistics Report on Medical and Dental Income and
Expense Averages. The report is a joint effort of the National Society of Certified Healthcare Business Consultants and the Academy
of Dental CPAs. The survey includes information on overhead percentages, average monthly charges in accounts receivable, full time
equivalent staff ratios, and more.