Financial Services

• FDIC proposes significant amendments to Part 363 of its regulations.Financial Alert 12-03-07
• Guidance on Providing Banking Services to MSBsFinancial Alert 5-20-05
• Fed’s Final Decision on Trust-preferred SecuritiesFinancial Alert 3-28-05
• FACT Act Regs Effective in DecemberFinancial Alert 1-20-05
• Regulatory Compliance Update for BanksFinancial Alert 9-02

Forensics & Dispute Consulting

• Business Valuations – Managing the Process to Eliminate BiasForensic Reporter 8-07
• Recent Ameriwood Decision Provides for Home Computer Imaging & AnalysisForensic Reporter 3-16-07
• ACFE Releases Findings in 2006 Report to the Nation on Occupational Fraud and AbuseForensic Reporter Alert 10-09-06
• Tax-effect Earnings of a Pass-through Entity? The Debate Rages
  Forensic Reporter Alert 6-06-05
• Occupational Fraud Affects Most BusinessesForensic Reporter Alert 3-08-05
• Federal Appellate Court Rules that Party Requesting Extensive Electronic Data May be ResponsibleForensic Reporter Alert 12-20-04
• Bankruptcy Trends in the Central U.S.Forensic Reporter Alert 5-14-04

Manufacturing & Distribution

• IRS Issues Final, Temporary & Proposed Regulations for Intercompany Services Transactions BKD Advisor Alert 8-22-06
• Legislation & Regulations Make Changes to IRC Section 199 Deduction for ManufacturersBKD Advisor Alert 7-12-06

Health Care

• Redesigned Tax Form 990, July 23, 2007
  The IRS has released for comment and discussion a draft Form 990, Return of Organizations Exempt from Income Tax. Tax-exempt organizations are encouraged to provide comments to the IRS until September 14, 2007.
• What you should know about Prospective Payment Systems, June 14, 2007
  June 30 Deadline Registration deadline approaches for new CMS competitive bidding program for durable medical equipment, prosthetics, orthotics and supplies providers. Serious consequences in store for missing June 30 deadline.
• SNF Alert Benefits-Exhaust & No-Payment Claims, September 12, 2006
  BKD Health Care Group provides guidance to help SNFs prepare for changes in billing benefits-exhaust and no-payment claims. The Alert also reminds SNFs of the upcoming Medicare payment hold September 22-30, 2006, and of changes in Medicare bad debt that go into effect with cost-reporting periods with a FYE of September 30, 2006.
• CMS Issues Hospital Inpatient Proposed Rules, May 19, 2006
  CMS proposes major changes to Medicare's DRG payment system in its FY2007 proposed rule published April 25, 2006. Hospitals should evaluate what impact the proposals may have on Medicare reimbursement in FY2007 and beyond.
• OMA survey, Deficit Reduction Act & 2007 Federal Budget:  Key Decisions, Planning & Action Required to Avoid Errors or Missed Opportunities, March 14, 2006
  CMS published new requirements for this year's occupational mix survey, significant provisions in the Deficit Reduction Act of 2005 and cuts to Medicare in the 2007 Federal budget.
• SNFs Prepare to Add CCI Edits to Part B Claims and RUG 53 Payment System May Affect Your Contract Therapy Agreement, January 31, 2006
  Effective January 1, 2006, CCI edits will be applicable to all types of therapy providers, including SNFs. Under the RUG-53 payment system, revisit your contract to evaluate whether the therapy rate structure is equitable to your facility and your therapy contractor.

Tax

• Canada & U.S. Sign Fifth Protocol to the U.S.-Canada Income Tax ConventionBKD Advisor Alert 10-10-07
• Tax Relief and Health Care Act of 2006 extends certain expired tax breaks & others set to expireBKD Advisor Alert 1-02-07
• IRS Schedule M-3 Now Required for S Corporations & Partnerships;  More Corporations Now Required to File ElectronicallyBKD Advisor Alert 10-09-06
• IRS Issues Final, Temporary & Proposed Regulations for Intercompany Services TransactionsBKD Advisor Alert 8-22-06
• The New Texas Gross Margin TaxBKD Advisor Alert 7-07-06
• The Tax Increase Prevention and Reconciliation Act of 2005
  BKD Advisor Alert 6-22-06
• New Equipment Exemption in Kansas Effective July 1, 2006
  BKD Advisor Alert 5-26-06
• Federal Communications Excise Tax Refunds & Protective Claims:
  Potential Tax Savings ExistsBKD Advisor Alert 3-29-05
• Plan Now for New Deduction for Qualified Domestic Production
  ActivitiesBKD Advisor Alert 2-16-05
  The deduction, effective through the American Jobs Creation Act of 2004 for taxable years starting after 12-31-04, requires certain expense allocations and is subject to multiple limitations.
• New IRS Schedule M-3 for C CorporationsBKD Advisor Alert 9-27-04
• Arkansas Sales/Use & Vending Tax Increases, Plus Tax Amnesty
  BKD Advisor Alert 3-22-04
• Indiana Sales/Use Tax Law ChangesBKD Advisor Alert 1-29-04
• Section 404 Update:  Information for manufacturers and distributors.
  PEAK Advantage Alert 6-09-03