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.
Overall, reducing sodium intake by 1,800 mg per person per day would result in direct health care savings of $1.38 billion per year, and if indirect costs were included the savings would be $2.99 billion per year. It should be noted that these calculations are based on 1993 costs and are likely much greater in current dollars.