Medical Device, Cadillac Taxes Further Delayed by Shutdown Bill
Day PitneyThe stopgap funding bill that ended the brief federal government shutdown included a provision further delaying the 2.3% excise tax on medical device manufacturers that…
ACA Tax Relief in Senate Healthcare Bill
On June 22, Senate Republicans unveiled the Better Care Reconciliation Act of 2017, a bill that, if enacted, would make sweeping changes to the current…
Section-by-Section Summary of the AHCA
Eric FaderThe U.S. House of Representatives’ Energy and Commerce Committee and Committee on Ways and Means released a section-by-section summary of the American Health Care Act…
Personal Importation of Prescription Drugs: A Viable Option for Self-Insured Employers?
Erin HealyEmployers opting for self-insured benefit programs have a unique opportunity to control costs by designing custom plans and offering services from selected providers. With the…
Trump Era Likely Will Increase Collections From Patients But Wont End MACRA
Eric Fader was quoted in an article,”Trump Era Likely Will Increase Collections From Patients But Wont End MACRA, in the December 5 issue of Part…
IRS Extends ACA Information Reporting Due Date for Furnishing to Individuals for 2016 Calendar Year
Daphney FrancoisOn November 18, 2016, the Internal Revenue Service (IRS) released Notice 2016-70, which extends the due date for the 2016 Affordable Care Act (ACA) information…
Commercial ACOs Be Wary: MSSP Participation Key Factor in Determining ACO Tax-Exempt Status
Emily KaganIn a Private Letter Ruling released on April 8, the Internal Revenue Service (IRS) denied a tax exemption to an accountable care organization (ACO) because it…
Real Property Tax Uncertainty Remains for New Jersey Not-for-Profit Hospitals
Posted in Hospitals and Institutions, Legislation and Public Policy, Litigation, State Matters, Tax Matters/IRS
Real property tax uncertainty remains for New Jersey not-for-profit hospitals in the wake of Gov. Christies pocket veto of S3299/A4903 (the “Bill”). The Bill was…
IRS Extends ACA Information Reporting Due Dates for 2015
David DoyleOn December 28, the Internal Revenue Service (IRS) released Notice 2016-4, which extends the due dates for the 2015 Affordable Care Act (ACA) information reporting…
Day Pitney attorney Christopher Stracco was quoted in an article, Should hospitals pay property taxes? in the Asbury Park Press. The story discusses a New…