Legal and practical healthcare information.
By: Ralph Levy Of Counsel, Nashville Two recent Tax Court cases raise caution flags as to the deductibility of shareholder compensation by medical, dental and other professional practice groups organized as professional corporations (PCs) or professional associations (PAs) that are taxed as “C” corporations for federal tax purposes. In each case, on audit, the …
Continue reading “Caution as to Compensation Paid by Professional Corporations”
By: Sara Jodka The U.S. Department of Health and Human Services, Office for Civil Rights (OCR), has announced another Health Insurance Portability and Accountability Act of 1996 (HIPAA) settlement. This one is with Metro Community Provider Network (MCPN), a federally-qualified health center (FQHC) that provides primary medical care, dental care, pharmacies, social work, and behavioral …
Continue reading “$400,000 Settlement Highlights Need for Pre- and Post-Breach Safeguards”
By: Sara Jodka As the healthcare industry has expanded to providing home healthcare services, more service providers are allowing their employees to work remotely, i.e., telecommuting. The flexibility for healthcare workers to work from anywhere with an Internet connection has some advantages, but it also has many dangerous disadvantages. One specific disadvantage in the healthcare …
Continue reading “Telecommuting Healthcare Employees Get Employers in HIPAA Compliance Hot Water”
Two recent Tax Court cases raise caution flags as to the deductibility of shareholder compensation by medical, dental and other professional practice groups organized as professional corporations (PCs) or professional associations (PAs) that are taxed as “C” corporations for federal tax purposes. In each case, on audit, the IRS sought to disallow deductions for a …
Continue reading “Caution As To Compensation Paid By Professional Corporations”