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Wilson Lewis, a leading accounting firm, announced today that they have won the Best of Accounting Award for providing superior service to their clients. ClearlyRated's Best of Accounting® Award winners have proven to be industry leaders in service quality based entirely on ratings provided by their clients. On average, clients of 2025 Best of Accounting winners are [1.6 times as likely OR 60% more likely] to be satisfied than those who work with non-winning firms.

The One Big Beautiful Bill Act, also known as OBBBA, introduces tax changes that could matter to many medical and physician practices. It makes permanent several provisions that encourage business investment, including bonus depreciation and higher Section 179 limits, and it allows certain research costs to be expensed right away. For some practice owners, that might mean moving ahead sooner with plans for an upgraded imaging system, an expanded records platform, or a long-postponed renovation.

On July 4, 2025, the One Big Beautiful Bill Act (OBBBA) became law, changing several areas of the federal tax code. One of those changes affects Section 1202, which has offered tax benefits for small business investors for more than thirty years. The provision allows qualifying gains from the sale of certain stock to be excluded from federal income tax. It has been adjusted several times since it was introduced, and this latest revision adds new ways for taxpayers to benefit.

Wilson Lewis, a top accounting and advisory firm based in Atlanta, announced today that Ferraro Tax & Accounting CPA (“FTA”) of Alpharetta, GA, has joined the firm. The combination blends two firms with deep local roots and robust service cultures in the Greater Atlanta area. “FTA has a well-deserved reputation for quality, personal attention and expertise in problem-solving highly complex tax scenarios. Their service ethic aligns perfectly with our culture of client engagement and long-term relationships,” said Josh Crisp, CEO of Wilson Lewis.

The One Big Beautiful Bill Act (OBBBA), signed into law on July 4, 2025, makes major changes to federal clean energy tax policy. The law accelerates the expiration of more than a dozen energy-related tax credits, many of which were previously set to remain in effect through 2032. Several credits will now expire as early as September 2025. In other cases, new restrictions may limit who qualifies or how the credit can be used.

The One Big Beautiful Bill Act, which was signed into law in early July, calls for several significant changes to various business, individual, estate tax, and energy tax provisions. In many cases, the changes implemented served as extensions of expiring provisions initially called for in the Tax Cuts and Jobs Act (TCJA) Of 2017. However, others are completely new incentives that benefit individuals and families. This includes an extension of the individual tax brackets, the standard deduction, new tip income deduction, and the senior tax deduction.

The One Big Beautiful Bill (OBBB) Act was signed into law in early July by President Trump. To date it is the Administration’s landmark legislation which calls for significant changes to tax incentives, credits and deductions available to individuals, families, and businesses. In a prior post, we covered many of the tax provision changes impacting businesses. However, there were several energy tax incentives which were changed including the Energy Efficient Commercial Building Deduction (Section 179d), electric vehicle tax incentives, and the residential clean energy tax credit.

On July 4th, President Trump signed The One Big Beautiful bill (OBBB) into law, which calls for several individual and business tax cuts and changes. Included within the text where many extenders and updates to changes originally introduced in the Tax Cuts and Jobs Act (TCJA) of 2017. While there were dozens of updates and changes the most prominent include an extension of the Section 199a deduction, full expense of R&D expenses, restoration of 100% bonus depreciation, an increase in the SALT deduction, and calls for an expansion of the Employer Provided Child Care Credit.

Cash flow challenges are common in healthcare. This is true even for practices with steady revenue. Insurance payments can take weeks to arrive, and patient balances often take longer. Meanwhile, expenses like payroll, rent, and supply costs continue on schedule. In most cases, improving cash flow comes down to better coordination and small adjustments. That might include tightening billing workflows, reviewing patient collection procedures, or monitoring accounts receivable more closely.

Managing the financial side of a growing business takes time, skill, and the right systems. Many businesses start by keeping the function in-house, often relying on a small internal team or even the owner. Over time, the process becomes harder to manage. Reports fall behind, costs increase, and leadership loses visibility. Outsourced accounting offers a way to manage these demands without building out an internal department. It provides experienced support and greater consistency. Many small and mid-sized businesses appreciate flexibility, with services ranging from back-office support to fractional CFO leadership.