In this case the taxpayer, a doctorsâ office, displayed various pieces of art in its offices, claimed depreciation on said artwork, which the IRS disallowed. At trial the IRS argued that the works of art did not have a useful life, based on Revenue Ruling 68-232.
A reduction in HAPU incidence by just 1 percentage point (3.5% to 2.5%) results in potential savings of $1,305,000 per year. Calculate your own potential savings below.
â¢ Lowers costs for beneficiaries in traditional Medicare by $59.4 billion through 2016, and $208 billion through 2021, through lower premiums and out-of-pocket costs, according to the HHS Assistant Secretary for Planning and Evaluation; Preventive benefits that are newly free of cost to people with Medicare, such as wellness visits and cholesterol checks. Last year alone, 32.5 million Medicare beneficiaries used at least one preventive benefit without a deductible or co-pay. â¢ Closing the prescription drug donut hole coverage gap.