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We take the business out of healthcare

Every month seems to bring additional complexities to healthcare; new layers of paperwork, new regulations to learn, new policies to develop and implement. You can easily spend as much time caring for your practice as you do for the people who seek your professional help. Is this how you wanted to spend your career?

You care for the patients. We take care of everything else.

Grand Management Group is a closely knit team of financial and practice management specialists who focus on the day-to-day, month-to-month, and year-to-year policy and procedural aspects of your practice so that you can focus on patient care. We support you with efficient, personal service; relevant, reliable information; and effective, innovative solutions that keep pace with your changing needs and the requirements of a dynamic profession. We can help you manage financial priorities, enhance your practice management methods, and take full advantage of new opportunities. We offer accounting, tax, retirement, consulting and practice management services that are healthcare specific and seamlessly integrated.

Count on Grand Management Group to manage your practice
so you can practice medicine.

News & Notices

Keep Payroll Tax Records

You should keep your payroll tax records for at least four years after the due date for employees to file their income tax returns for the particular year. 

Deadline of September 30 for MIPS review and appeals
                                MIPS ( Merit- based Incentive Payment System) feedback, scores, corresponding bonuses and penalties have been released by CMS. If your group participated in MIPS be sure to review your 
                                Score and payment adjustment information. For more information click the following link
Social Security Wage

The Social Security Wage base is going up to $132,900 in 2019, that is a $4,500 hike.

Changes to Itemized Deductions

The standard deductions are $24,000 for married couples filing a joint return, $12,000 for single filers and $18,000 for head of household. People age 65 or older filers who are blind get an additional $1,300 per person and $1,600 is unmarried. 

Sneaky Wash- Sale Rule

The wash- sale rule prohibits taking a capital loss write- off if you purchase substantially identical securities within 30 days before or after a sale. 

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