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Results: 1-10 of 26

IRS releases guidance on wellness programs and “affordability” under the employer mandate

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • May 10 2013

On May 3, 2013, the IRS released proposed regulations on certain provisions relating to the federal premium tax credits that eligible individuals

IRS releases guidance for employers and others on the 2013 Medicare taxes under the Affordable Care Act

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • December 10 2012

On November 30, 2012, the Internal Revenue Service released proposed regulations and two sets of frequently asked questions implementing two new Medicare taxes under the Patient Protection and Affordable Care Act that are effective starting in 2013

Official confirms IRS review of community benefit compliance by 3,377 hospitals

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • October 18 2012

An IRS official confirmed, while speaking at an American Health Lawyers Association conference on October 16th, that the IRS has identified 3,377 tax-exempt hospitals that are being reviewed for compliance with the tax exemption community benefit standard

IRS to honor certain medical resident FICA refund claims

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • March 11 2010

Since the 1990s, many academic medical centers have filed claims with the IRS seeking refunds of FICA (social security and Medicare) taxes paid on medical resident salaries on the basis that the residents are students and exempt from FICA

Health care tax credit is now available for some tax-exempt organizations

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • April 7 2010

Under the recently enacted health care reform legislation, many small businesses and tax-exempt organizations are now eligible for a new federal tax credit

Illinois Supreme Court denies property tax exemption to not-for-profit hospital

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • April 9 2010

On March 18, 2010, the Illinois Supreme Court denied property tax exemption to a not-for-profit hospital in the nationally watched Provena case

United States Supreme Court will hear medical resident FICA case

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • June 2 2010

Many health care and medical education institutions have claims pending with the IRS for refunds of the FICA (Social Security and Medicare) tax paid on wages for employed medical residents

Details on therapeutic discovery tax credit for small employers released

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • June 9 2010

The Affordable Care Act (the "Act") enacted a "qualified therapeutic discovery tax credit" for small employers

Health Reform Act includes additional tax exemption requirements: what tax-exempt hospitals need to do now

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • June 7 2010

The Affordable Care Act (the "Act") establishes, for the first time, specific statutory requirements that hospitals must meet to qualify as organizations described in Section 501(c)(3) of the Internal Revenue Code and exempt from federal income tax

Important IRS guidance on tax treatment of health coverage for children under age 27

  • Proskauer Rose LLP
  • -
  • USA
  • -
  • April 28 2010

On April 27, 2010, the Internal Revenue Service (the "IRS") issued Notice 2010-38 (the "Notice"), which provides important guidance regarding the tax treatment of employer-provided health coverage to employees' adult children