Our real estate clients are making headlines, as Manhattan’s West 30s and the Lower East side undergo a facelift – not just a few nips and tucks, but a brand new look. Two mega-projects underway involve developing under-utilized space to expand and transform New York City.
What is the great American dream? In the earlier part of the century, most people would have defined it as finding a job, getting married, buying a house, and perhaps having children. Millennials are interesting because it seems that although they want the same things, they are willing to wait longer to get them.
The transition away from fee-for-service reimbursement to value-based payment models is accelerating rapidly across the United States as the Triple Aim takes hold. We have observed several lessons learned during our careers that provide a framework for this transition.
Now that the Centers for Medicare and Medicaid Services (CMS) is posting quarterly hospital “star” ratings on the Hospital Compare website, hospitals are faced with a potentially damaging public relations nightmare.
When the average person thinks of nonprofit or charitable organizations, it’s quite likely that one of the first things that come to mind is that these entities are exempt from paying taxes. However, as we’ve mentioned time and time again, not-for-profit organizations are businesses, and as we know businesses pay taxes.
Commonly held foreign assets include interests in foreign mutual funds and foreign exchange-traded funds (ETFs). Most taxpayers are unaware that such funds are treated differently, and more harshly, than U.S. mutual funds or domestic ETFs.