IRS Sued by University

more+
less-

The University of Rochester is filing a lawsuit against the IRS over tax refunds amounting to $26.4 million that university officials claim were unlawfully withheld by the government agency. This amount comes from money withheld from the salary checks of hundreds of medical students of the University between 1998 and 2004. The lawsuit also seeks to recover interest payments on the amount.

The contention held by the University is that their medical students are not full-fledged physicians and they serve for three to seven years at teaching hospitals such as Strong Memorial and Highland under the supervision of the hospital’s medical staff upon graduation from the University’s medical school. The sum of $26.4 million is the payroll tax made up of the salaries of the medical students and payments to the IRS from the University in equal shares and is taxed under the Federal Insurance Contribution Act (FICA).

Please see full article below for more information.

LOADING PDF: If there are any problems, click here to download the file.

Published In: Education Updates, Finance & Banking Updates, Health Updates, Tax Updates

DISCLAIMER: Because of the generality of this update, the information provided herein may not be applicable in all situations and should not be acted upon without specific legal advice based on particular situations.

© Darrin Mish, Tampa Tax Attorney, The Law Offices of Darrin Mish, P.A. | Attorney Advertising

Don't miss a thing! Build a custom news brief:

Read fresh new writing on compliance, cybersecurity, Dodd-Frank, whistleblowers, social media, hiring & firing, patent reform, the NLRB, Obamacare, the SEC…

…or whatever matters the most to you. Follow authors, firms, and topics on JD Supra.

Create your news brief now - it's free and easy »

CONNECT

Darrin Mish, Tampa Tax Attorney
The Law Offices of Darrin Mish, P.A.

Darrin T. Mish is a Nationally recognized Tax Attorney whose practice focuses on representing... View Profile »


Follow The Law Offices of Darrin Mish, P.A.:

Reporters on Deadline