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Showing posts from August, 2017

How Medicare Part D Works

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In advance of our Community Education Medicare Seminar coming up on September 14th, we wanted to provide a foundation for your questions.  We've compiled some excerpts from an AARP article by Patricia Barry to give you an understanding of some of the basics of Medicare Part D.  Be sure to join us September 14th at 2pm at the Broadus Community Center for our free seminar! _________________________________________________________________ Before deciding whether to sign up for Medicare prescription drug coverage, you need to understand how the program works together as a whole. Grasping the big picture makes it easier to deal with the details. Who can get Medicare drug coverage? Anyone on Medicare (with either Part A or Part B) is entitled to drug coverage (known as Part D) regardless of income. No physical exams are required. You cannot be denied for health reasons or because you already use a lot of prescription drugs. How do I get Medicare prescription drug coverage? You must

Finding Your Way in the Medicare Maze

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Every year, thousands of individuals approaching their 65 th birthday come face to face with the “Medicare maze.”   The program itself, the enrollment process, and the decisions involved can be difficult to navigate and many people quickly find themselves overwhelmed.   Recognizing that this is an issue facing many people in our community, Gardner & Billing CPAs and Dixie Rogers Insurance are working together to present a Community Education Medicare Seminar.   The FREE seminar will take place on September 14 th , 2017 at 2:00pm in the Broadus Community Center.   Refreshments will be provided and everyone is welcome to attend for a special presentation by Dixie Taylor Rogers, “Finding Your Way in the Medicare Maze.” Dave Gardner, owner and partner of Gardner & Billing CPAs, describes his motivation for organizing this event.   "As I have made my way through the process of learning about supplemental health insurance and drug insurance coverage, it is clear

After the Fair...

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Gardner & Billing CPAs would like to extend our congratulations to all the winners at this year's Powder River County Fair!  Thank you to all those who participate, organize and attend!

2017 Powder River County Fair Schedule

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Check out the schedule of events taking place this week August 10th - 12th for the Powder River County Fair! We would like to extend our thanks to everyone that participates to make the fair possible.    

Starting a New Business Part 5: Types of Business Entities

The type of business entity you choose will depend on three primary factors: liability, taxation and record-keeping. Here's a quick look at the differences between the most common forms of business entities: A sole proprietorship is the most common form of business organization. It's easy to form and offers complete managerial control to the owner. However, the owner is also personally liable for all financial obligations of the business.   A partnership involves two or more people who agree to share in the profits or losses of a business. A primary advantage is that the partnership does not bear the tax burden of profits or the benefit of losses.   Profits or losses are "passed through" to partners to report on their individual income tax returns. A primary disadvantage is liability. Each partner is personally liable for the financial obligations of the business.   A corporation is a lega