CARES Act Provider Relief Funds – The Requirements Are Taxing
By EsqSocial Corporation 23/07/20
The Internal Revenue Service (“IRS”) recently clarified that CARES Act Provider Relief Funds (“Relief Funds”) are considered taxable income for for-profit providers, including physician practices. This news comes as a surprise as many thought such funds would be considered “qualified disaster relief payments” and therefore not includible in gross income under Section 139 of the Internal Revenue Code (the “Code”)....<BR />By: <a href="https://www.jdsupra.com/profile/Akerman_Health_Law_RX/">Akerman LLP - Health Law Rx</a>