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New Mexico: Receipts from Services Provided to Medicare Beneficiaries Did Not Qualify for Deduction

A nursing services provider’s (taxpayer’s) receipts from services provided to Medicare beneficiaries were not deductible from gross receipts….Generally, receipts of a home health agency from payments by the U.S. government for medical services provided to Medicare beneficiaries pursuant to the federal Social Security Act (SSA) may be deducted from gross receipts….

Source: vitallaw.com

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