Originally published in Healthcare Michigan, Volume 40, No. 5 In prior articles in this publication, this author addressed a federal tax issue faced by practice entities- the possible attack by the Internal Revenue Service...
Read MoreA prior article in this publication (IRS Attack on Zeroed Out Taxable Income in Recent Tax Court Cases) discussed the lessons that physician and other incorporated medical practice groups could learn from taxpayer losses in two...
Read MoreTaxpayer losses in two recent Tax Court cases serve as reminders that physician and other incorporated medical practice groups should take care in the “zero out” approach to the payment of compensation to the...
Read MoreThe Office of the Inspector General (“OIG”) for the Department of Health and Human Services (“HHS”) has developed a process for interested parties to obtain regulatory compliance guidance from the OIG prior to...
Read MoreIn light of the COVID-19 pandemic, on March 30, 2020, the Secretary of the U.S. Department of Health and Human Services (the “Secretary”) released blanket waivers (the “Waivers”) under Section 1135 of the Social Security Act...
Read MoreBy: Ralph Levy Of Counsel, Nashville Office Phone: 615.620.1733 rlevy@dickinsonwright.com Over the past few years, hospitals, health systems and practice management companies have increased their efforts to acquire...
Read MoreBy: Ralph Levy, Jr.Physicians Should Carefully Review Documents to Verify Information Accurately Reflects the Desired Structure of the Sale.Over the past few years, hospitals, health systems, and practice management companies...
Read MoreBy: 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...
Read MoreTwo 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...
Read Moreby Ralph Levy, Of CounselNashville Office615.620.1733rlevy@dickinsonwright.com Group medical and dental practices often look to expand their practices by hiring additional professionals, typically those with less...
Read MoreBy Ralph Levy, Jr. and Brian FleethamPhysicians who are involved in the financial management of their practices are all too familiar with the year-end scramble to “zero out” the corporation’s profits. Under this technique, a...
Read MoreBy Peter Domas and Ralph Levy The Bipartisan Budget Act of 2015 (the “BBA”), which was signed into law in November 2015, contains significant changes to the way the IRS will audit partnerships beginning in 2018. These changes...
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