Page 4 - Services Exception News Today : Breaking News, Live Updates & Top Stories | Vimarsana

Monday, February 1, 2021 Treasury”) and the Internal Revenue Service (“ IRS”) published in the  Final Regulations”) interpreting the excise tax under Section 4960 of the Internal Revenue Code on certain executive compensation paid by tax-exempt organizations. The Final Regulations maintain most of the concepts from the interim guidance (Notice 2019-09 (the “ Proposed Regulations”), discussed here), with a few changes. The Final Regulations became effective January 19, 2021, but they will apply only for tax years that start after December 31, 2021.  Until then: Taxpay...

Tuesday, February 2, 2021 Treasury”) and the Internal Revenue Service (“ IRS”) published in the  Final Regulations”) interpreting the excise tax under Section 4960 of the Internal Revenue Code on certain executive compensation paid by tax-exempt organizations. The Final Regulations maintain most of the concepts from the interim guidance (Notice 2019-09 (the “ Proposed Regulations”), discussed here), with a few changes. The Final Regulations became effective January 15, 2021, but they will apply only for tax years that start after December 31, 2021.  Until then: Taxpa...

To embed, copy and paste the code into your website or blog: CMS made impactful changes to the Federal physician self-referral law’s (i.e., Stark Law’s) regulations in its Final Rule that were effective January 19, 2021 (with the exception of the changes to 42 C.F.R. § 411.352(i) that are effective January 1, 2022). Although lengthy (190 pages/3-column format), the Final Rule is worth the read with multiple clarifications and revisions to the dense regulations. In this first part of our two-part blog, each reader will find gems in the Final Rule that are impactful, but we note particular...