Category Archives: Federal News
Net Investment Income Tax
The Net Investment Income Tax goes into effect on Jan. 1, 2013. The NIIT will affect income tax returns of individuals, estates and trusts for their first tax year beginning on (or after) Jan. 1, 2013. It will not affect … Continue reading
Tax Tip
New for 2010: Tax Credit Helps Small Employers Provide Health Insurance Coverage IR-2010-38, April 1, 2010 WASHINGTON ― Many small businesses and tax-exempt organizations that provide health insurance coverage to their employees now qualify for a special tax credit, according … Continue reading
Rural Health Clinics (RHCs)
Effective January 01, 2010 through December 31, 2010 (i.e., CY 2010), the upper Medicare payment limit per visit is: $77.76 for RHCs (increased from $76.84) The Rural Health Clinics (RHCs) upper payment limit per visit is increased from $76.84 to … Continue reading
National Provider Identifier (NPI)
Message from The Centers for Medicare & Medicaid Services. Starting May 23, 2005, all health care providers can apply for their National Provider Identifier (NPI). The NPI will replace health care provider identifiers in use today in standard health care … Continue reading
Treasury, IRS issue indexed amounts for HSA’s
Maximum contribution levels for Health Savings Accounts (HSAs) and out-of-pocket spending limits for high deductible health plans (HDHPs) that must be used in conjunction with HSAs have changed, according to new guidance issued by the Treasury Department and the IRS. … Continue reading