DecisionHealth, DecisionHealth - 2018 Issue 5 (May)

New tax law limits deductibility of paid overpayments, settlements

Paying a settlement or overpayment is never pleasant. But the new tax law has made it more onerous by greatly reducing the ability of providers to deduct the payment on their tax returns. To make matters worse, the Internal Revenue Service (IRS) hasn’t released much information on the new rules.

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