On October 14, 2024, a class of hospitals, physicians, and other health care providers (Provider Plaintiffs) reached a proposed $2.8 billion settlement of antitrust claims against the Blue Cross Blue Shield Association and other Blue Cross Blue Shield entities (collectively, BCBS). Though still Continue Reading
Chambliss Estate Planning Newsletter – November 2024
Understanding Beneficiary Designations in Estate Planning By: Abby Sutton An essential aspect of estate planning is determining how your assets will be distributed after you pass away. Many people believe their will controls all aspects of their estate but this is not entirely the case. Continue Reading
Corporate Transparency Act — Are you Ready for the January 2025 Deadline?
As the end of the year approaches, the Corporate Transparency Act (CTA) remains in effect despite facing legal challenges questioning its validity and constitutionality. The CTA, which took effect on January 1, 2024, requires many different types of business entities to report their beneficial Continue Reading
Important Tax Compliance Update for Church Operations: New State Ruling Impacts Lodging and Food Services
Prior to this opinion, you might have assumed that funds your church charged for providing food, beverages, or lodging related to a religious activity were tax-exempt and not liable for state sales tax. We are writing to inform you and your leadership about a recent opinion issued by the Office of Continue Reading
Chambliss Estate Planning Newsletter – September 2024
How You Can Utilize Your Trusts to Protect Assets and Provide for Loved Ones Published in EDGE Magazine Shelton Swafford Chambers and Nick Nester were recently featured in Edge Magazine where they shared insights on how trusts can be a powerful planning tool for you and your loved Continue Reading
Chambliss Estate Planning Newsletter – July 2024
The Truth About Probate: Turning Fear Into Confidence By: Rebecca Miller Avoiding probate is a goal frequently stated by our estate planning clients. When "probate" is mentioned, it conjures images of conflict, time-consuming legal battles, exorbitant fees, and endless headaches. Clients may Continue Reading
Advancing Health Care Access: Tennessee’s CON Law Overhaul
Tennessee legislators have made significant progress in reforming the burdensome certificate of need (CON) requirements for establishing new health care facilities and services in Tennessee. Tennessee's CON law has historically required approval by the state before entities initiate or expand Continue Reading
OCR Finalizes Post-Dobbs HIPAA Regulatory Changes Impacting Health Care Organizations
On April 22, 2024, the Office for Civil Rights (OCR) at the U.S. Department of Health and Human Services announced final regulatory updates to the Privacy Rule under the Health Insurance Portability and Accountability Act of 1996 and the Health Information Technology for Economic and Clinical Health Continue Reading
FTC Regulation May Extend to Charities: What Nonprofits Need to Know
Were you paying attention to the recent news about the Federal Trade Commission's (FTC) rule banning noncompetition clauses (the Rule)? You may have missed this critical point the FTC included as part of the rollout of that new Rule! Charities Not Excluded by Class From FTC Regulation Many Continue Reading
Important Update: Changes to Tennessee Franchise Tax and Refund Opportunities
Recent legislation signed into law may impact the way your Tennessee franchise tax is calculated and potentially allow you to receive a refund. Refund claims must be filed by November 30, 2024, so action should be taken as soon as possible. Generally, all entities doing business and having a Continue Reading