The Internal Revenue Service (“IRS”) recently clarified that CARES Act Provider Relief Funds (“Relief Funds”) are considered taxable income for for-profit providers, including physician practices. This news comes as a...more
On June 26, 2015, the Internal Revenue Service (IRS) issued guidance to clarify how charitable hospitals may comply with regulations issued by the Department of Treasury under the Patient Protection and Affordable Care Act...more
7/14/2015
/ Affordable Care Act ,
Charitable Organizations ,
Compliance ,
Covered Providers ,
Financial Assistance Policies ,
Health Care Providers ,
Healthcare ,
Hospitals ,
IRS ,
Physicians ,
Section 501r ,
Tax Exempt Entities
Many important aspects of the Patient Protection and Affordable Care Act ("ACA") will go into effect in 2014, including the implementation of health insurance exchanges, and the requirement for certain employers to offer...more