Sara Lanns 
Artificial intelligence offers a range of services to leverage for clients. Automation of mundane tasks and generation of insights and personalized advice are among the benefits. In particular, AI can be used to: Automate repetitive tasks. Analyze and forecast data more accurately when preparing financial statements. Keep up with changing regulations and market conditions. Reduce … Read more
Every employer covered by the Fair Labor Standards Act must keep records for each covered nonexempt worker. There’s no required form, but the records must include accurate data about the employee and hours worked plus wages earned. Once you’ve complied on a federal level, thoroughly research your state-specific requirements for each location you operate in. … Read more
“You can deduct that — it’s a business expense” is often casually tossed around, as if it gives business managers carte blanche to put anything they want on their tax forms. But the reality is more nuanced. To start with, says the IRS, not every expense you have is suitable for deduction; an expense must … Read more
New rules, issued in early 2023, change a wide range of filing requirements. The goal, according to the IRS, is to increase e-filing without undue hardship on taxpayers. Perhaps the biggest change is that the IRS has reduced the 250-return threshold enacted in prior regulations to generally require electronic filing by filers of 10 or … Read more
We are thrilled to be recognized in I95 Business Magazine once more for how BlueStone Services is changing the Medical Business Advisory landscape. Read the interview with Deborah Nealon, Michele Hayward and Kelly Richards to learn more about what sets BlueStone Services apart. READ THE FULL ARTICLE HERE: https://i95business.com/articles/content/bluestone-services-assists-medical-practices-across-the-country-2136
Employee engagement is more than just a buzzword; it’s a critical factor that can make or break a company’s success. High levels of engagement lead to increased productivity, better employee retention, and a more positive work environment. However, fostering this engagement is often easier said than done. This blog post aims to provide you with … Read more
In most cases, employees anticipate receiving a raise after working a certain amount of time at your firm — usually, six months to a year. Top performers who consistently exceed expectations expect to be paid a salary that reflects their hard work and level of responsibility. You look to offer competitive compensation to retain your … Read more
Performance management is a holistic approach that assists organizations in accomplishing their goals and objectives by continuously monitoring and enhancing the performance of individuals, teams, and the entire organization. While the annual performance review is a widely recognized tool for assessing performance, it should not be reduced to a mere annual formality. For an effective … Read more
If you don’t understand your financials, you are impeding your ability to grow and prosper. What should you learn about your financial statements? Below is a quick guide to getting started. Learn about your P&L. A profit and loss statement summarizes your revenues and expenses, showing how much income you’ve generated and where your money … Read more
An unorganized and inefficient payroll process is a recipe for eventual disaster. If you rely on paper processes, both manual data entries and a massive number of spreadsheets can yield more errors than most people realize. Plus, those mistakes may not only take weeks or months to uncover, but they take a long while to … Read more
