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MAC Members! Did You Know You Can Deduct Your Professional Dues?

by Tim Gaughan | Dec 6, 2024 | Action Reports

Membership Dues Associated with Trade Associations and Business Leagues Are Deductible as an Ordinary and Necessary Business Expense MAC members, did you know your professional dues are 98 percent deductible? Generally, the Internal Revenue Service (IRS) allows...

Frequently Asked Questions: Michigan’s Timely Paid Claims Law

by Tim Gaughan | Dec 6, 2024 | Action Reports

Michigan Law Requires Interest When an Insurer Fails to Timely Pay Claims  A significant challenge to any chiropractic office is the prompt collection of payments from insurers. In 2002, the Michigan Legislature amended the Insurance Code (MCL §500.100-500.8302) to...

Report: Unnecessary Back Surgeries Cost Medicare up to $600 Million Annually

by Tim Gaughan | Dec 5, 2024 | Action Reports

Medicare Paid for More Than 200,000 Unnecessary Procedures Over Three Years, Costing Approximately $2 Billion “In spinal surgery, as with other fields of medicine, physicians routinely overlook evidence to make exceptions, sometimes at shockingly high rates. This type...
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