Sara Lanns 
Ed Radwinsky, MA, SPHR joins BlueStone Services, LLC as a HR Consulting Manager. He is an accomplished Human Resources professional with more than 25 years of experience across multiple industries. He has worked for global public corporations, venture capital funded start-ups, private firms, and non-profit companies. In his roles, he provided vision and leadership in the design and … Read more
Timonium, MD (Feb. 9, 2023) — Medical Business Advisors has been a successful division of KatzAbosch, a regional CPA and business consulting firm for a number of years. KatzAbosch has made the decision to transition this medical practice management consulting service to its sister company, BlueStone Services in the new year. BlueStone Services offers small … Read more
Your starting salaries should be competitive, fair and aligned with your budget. Many factors come into play when striking this balance, including the following. 1. Starting Pay Considerations The market rate for the position, based on compensation data and surveys collected from reliable sources, is the first consideration. After establishing the market rate, several factors … Read more
In the complex world of business operations, leaders often find themselves navigating a sea of financial statements and documents. While the income statement is a familiar companion, the often-overlooked cash flow statement is equally pivotal in understanding and steering a company’s financial well-being. Without a clear grasp of cash flow dynamics, managing a business can … Read more
S corporations allow the business to pass corporate income, losses, deductions and credits through to their shareholders for federal tax purposes. But with those great advantages come many rules, including those related to compensation. Shareholder-employees may think there’s no practical difference between income as an owner and income as an employee, but they’d be wrong. … Read more
According to a recent Gallup survey, it has been shown that approximately “36% of U.S. employees are engaged in their work and workplace.” This conclusion was drawn as a result of data pertaining to the first six months of 2021 in the United States. Worldwide, on a literal global scale, this percentage drops down to … Read more
The IRS has issued the 2023 optional standard mileage rates used to calculate the deductible costs of operating an automobile for business, charitable, medical or moving purposes. In a statement issued on Dec. 29, the IRS said that beginning on January 1, 2023, the standard mileage rates for the use of a car (also vans, … Read more
There’s been buzz about new retirement plan provisions for weeks, and now they’re final, bringing about changes to various federal rules and adding flexibility for current and future retirees. The Secure 2.0 Act of 2022, part of the Consolidated Appropriations Act of 2023, includes the following modifications, some of which are immediate, and others that … Read more
What challenges have your employees been facing, and how can you offer the solutions they need? Deciding on a home office reimbursement policy or a home office setup stipend can be the difference between successful work-at-home policies and dysfunction, disgruntlement and maybe even lawsuits. When the sudden retreat to homes for work occurred, employees had … Read more
Bonuses, frequently given at the end of the year, are a popular “thank you” for a job well done, and smart business owners know they can build loyalty, helping retain the most productive employees. However, both owners and employees often misunderstand how taxes work with bonuses, leading to confusion and frustration. Fortunately, with some education … Read more
