2026 Form 1099 Reporting: New Thresholds, Familiar Year-End Preparations
New 1099 reporting thresholds are in effect for 2026. Businesses should understand what has changed and review vendor records, W-9 information, and payment activity before...
AAFCPAs would like to make healthcare clients aware that, due to recent events surrounding COVID-19, the Centers for Medicare and Medicaid Services (CMS) has granted an automatic extension for Medicare Cost Report filing for all providers with specific 2019 fiscal...
AAFCPAs would like to make healthcare clients aware that, due to recent events surrounding COVID-19, the Centers for Medicare and Medicaid Services (CMS) has granted an automatic extension for Medicare Cost Report filing for all providers with specific 2019 fiscal year ends. The following is a summary of the fiscal year ends and their extended due dates:

2019 Medicare Cost Report Instructions are available on the CMS website at https://www.cms.gov/Regulations-and-Guidance/Guidance/Manuals/Paper-Based-Manuals-Items/CMS021935
Get your PS&R Reports now at https://www.ngsmedicare.com/ngs/portal/ngsmedicare/PSR
AAFCPAs’ Cost Report Expertise
AAFCPAs is deeply familiar with the instructions and the most beneficial ways to minimize the effort necessary to prepare, while maximizing reporting to properly reflect your true cost of care. We understand the key objectives of the report and critical areas of focus.
The depth of AAFCPAs’ Healthcare Practice enables us to easily mobilize the resources of our team and we are confident we are capable of meeting your needs for the deadlines outlined above. If you need any guidance or assistance in preparing your cost report, please let us know.
If you have any questions, please contact Pauline Legor, CPA, MBA, at 774.512.4158, plegor@aafcpa.com; Courtney McFarland, CPA, MSA at 774.512.4051, cmcfarland@aafcpa.com; or your AAFCPAs Partner.
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