Newsletter | September 2025

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Bimonthly Newsletter | September 2025

One Big Beautiful Bill Act

New tax legislation was signed into law July 4, 2025, known as One Big Beautiful Bill (OBBB). The Act makes permanent some of the key provisions in the Tax Cuts and Jobs Act of 2018 (TCJA) and includes numerous new changes affecting individual and business taxation.

Click the link below to download a copy of the OBBB guide which highlights key points and information that may be relevant to you and your business. If you have any questions, please contact your consultant directly.

One Big Beautiful Bill - Client Guide

Stay Alert: How to Tell if it's the IRS or a Scam

A letter or notice is the first way the IRS will contact a taxpayer.

The IRS never initiates contact through email, text or social media. The IRS only sends text messages with the taxpayer’s permission and only collects the taxpayer’s cell phone number or email address if they subscribe to receive messages from the agency.

IRS agents may call to confirm an appointment or discuss items for a scheduled audit, after an initial letter or notice.

If you receive an email claiming to be from the IRS that contains a request for personal information, taxes associated with a large investment, inheritance or lottery.

Don't reply.
Don't open any attachments. They can contain malicious code that may infect your computer or mobile phone.
Don't click on any links.
Send the full email headers or forward the email as-is to [email protected]. Don't forward screenshots or scanned images of emails because this removes valuable information.
Delete the original email.

If you are ever unsure and the communication seems suspicious, always reach out to your consultant or our tax department for further guidance on how to proceed.

Secure 2.0 Act: Roth Catch-Up Contributions

Roth catch-up contributions for individuals with FICA wages of $145,000 (as indexed) or more the prior calendar year are required to make the catch-up contributions as Roth catch-up contributions, not as traditional pretax contributions. This goes into effect on January 1, 2026.

Amounts contributed as Roth contributions are includible in gross income in the year of the contribution, but distributions from the account, including earnings, generally are tax-free. This requirement was originally due to take effect in 2024 but was delayed until 2026 due to concerns that plans and service providers could not change their administrative and recordkeeping procedures in time to comply.

Under SECURE 2.0, participants attaining ages 60-63 during the taxable year may make additional tax-preferred contributions to their retirement savings, known as “super catch-up contributions.” Higher earners must follow the Rothification requirement for both catch-up and super catch-up contributions.

Plans without a Roth option: Plans are not required to include a Roth option. For plans with a catch-up provision but no Roth option, catch-up contributions cannot be made.

Electronically Filed Tax Returns & Form 8879

When you receive your tax return packages one of the forms included is form 8879 “IRS e-file Signature Authorization”. There are various versions of this form for Individuals (8879), Corporations (8879-CORP) and Partnerships/LLCs (8879-PE).

At the time we deliver your complete tax return packages to you, they have not yet been transmitted to the IRS and other agencies for electronic filing.

Please remember to sign and return these authorization forms to us immediately after you have reviewed your tax returns. This will prompt us to transmit your returns to the IRS and other agencies.

Dental Fee Surveys & Medical/Dental Salary Surveys

We are currently compiling the data for both the dental fee surveys and medical/dental salary surveys. They should be ready for distribution to clients by mid October. Thank you for your participation!

⭐Staff Spotlight⭐

Jenn Rau

Jenn joined the PMHCC team in July 2025 as an Accountant. She came to PMHCC with an accounting background and ready for a new adventure! She earned her MBA from Campbell University in 2013. She enjoys spending time with her husband and their two sons and traveling whenever possible.

Welcome to the PMHCC team, Jenn!

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Visit Our Website

Professional Management Healthcare Consultants, Inc

Raleigh Office

9207 Baileywick Road

Raleigh, NC 27615

Phone (919) 876-9711

Kinston Office

2506 N. Herritage St., Suite C

Kinston, NC 28501

Phone (252) 522-1220

Our firm provides the information in this e-newsletter for general guidance only, and does not constitute the provision of legal advice, tax advice, accounting services, investment advice, or professional consulting of any kind. The information provided herein should not be used as a substitute for consultation with professional tax, accounting, legal, or other competent advisors. Before making any decision or taking any action, you should consult a professional advisor who has been provided with all pertinent facts relevant to your particular situation. Tax articles in this e-newsletter are not intended to be used, and cannot be used by any taxpayer, for the purpose of avoiding accuracy-related penalties that may be imposed on the taxpayer. The information is provided "as is," with no assurance or guarantee of completeness, accuracy, or timeliness of the information, and without warranty of any kind, express or implied, including but not limited to warranties of performance, merchantability, and fitness for a particular purpose.

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