IRS

Medicare providers could face up to 100% late tax penalties

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Praise for Congress for proposing a bill that would reset Medicare physician pay rates could be a little less hearty, after details emerged Tuesday that the measure would also include penalties as high as 100% for providers delinquent with income tax payments.

IRS issues guidance on employer mandate

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The Internal Revenue Service handed down instructions for following the Affordable Care Act's employer mandate Thursday, and encouraged insurers and employers to start following draft rules in 2014 on a voluntary basis.

Groups blast IRS device tax rules

The Internal Revenue Service recently spelled out how a 2.3% excise tax on medical devices will be carried out. But manufacturers and other organizations likely to be affected by the new rule want to delay or eliminate its implementation.

Judge orders former nursing home executive to repay $14 million

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A well-known former nursing executive must repay the federal government $13.8 million for fraudulent business practices. U.S. District Court Judge Mary M. Lisi handed down the ruling for the misuse of loans in Anthony Giordano's Rhode Island facilities on Dec. 3.

Former nursing home operator sentenced to 20 years in prison for healthcare fraud

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A first: a former Georgia nursing home operator will spend 20 years in prison on charges of healthcare fraud and tax evasion under providing "worthless services," federal officials said Monday.

Medicaid providers with unpaid taxes should be barred from federal reimbursement, lawmakers say

Medicaid providers with unpaid taxes should be barred from federal reimbursement, lawmakers say

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The federal government should bar healthcare providers with large amounts of unpaid taxes from receiving Medicaid funds, incensed lawmakers said Thursday following the release of a government report.

IRS should supply workers with electronic means of reporting healthcare data, payroll professional says

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A government-mandated request for additional healthcare data may result in the Internal Revenue Service requiring another form beyond a W-2 for employees, a payroll expert said last week.

IRS defers employer health plan reporting requirement for 2011

Reporting the cost of employer-sponsored healthcare plans on the W-2 form will be optional in 2011, the Internal Revenue Service said Tuesday.

Illinois/New York nursing home association chief fired, to repay $670,000 in misused funds

Illinois/New York nursing home association chief fired, to repay $670,000 in misused funds

Dennis Bozzi, the former long-time president and CEO of Life Services Network of Illinois, has acknowledged misappropriating approximately $670,000 and will repay it to the nursing home group, its new leader said Tuesday. Meanwhile, the New York Association of Homes and Services for the Aging, Bozzi's employer since last October, fired him on Sunday after an emergency conference call of its board of directors to discuss his Illinois activities.