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Tax/Reimbursement Update (Winter 2008)
Tax The Internal Revenue Service (IRS) has embarked on a program to require tax-exempt organizations to disclose and address transactions with individuals and organizations that are “related” to a tax–exempt organization. These relationships may take many forms. Foremost are employer-employee situations that may result in “excess benefit” to an individual that are not properly reported as compensation. Reimbursement During the last 10 years, private health plans that participate in the Medicare program and Medicare beneficiary enrollment have fluctuated. Through greater marketing efforts, enrollment in these plans, known as Medicare Advantage (MA) plans (or Medicare Part C), is on the rise and has increased from 5.3 million in 2003 to 8.7 million as of June 2007. Download PDF
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