Provider Relief Fund Reporting Requirements Released

The following was written by William T. Cuppett, CPA, of The Health Group. The Department of Health & Human Services (HHS) has finally issued general reporting requirements for the use of Provider Relief Funding.  This document provides information on provider reporting guidelines, including intent, use of funds, and data elements requested. The purpose of the…

New IRS Guidance Eliminates all Tax Benefits of PPP Loan Forgiveness

A special report from Ted Cuppett of The Health Group The IRS has released guidance (Notice 2020-32) to explain that a taxpayer that receives a loan through the Paycheck Protection Program (PPP) is not permitted to deduct expenses that are normally deductible under the Code, to the extent the expenses were reimbursed by a PPP…

CMS Updates Medicare Financial Management Manual

Editor’s Note:  The follow article was written by Ted Cuppett CPA, Director of The Health Group LLC, in Morgantown, WV, and a member of the NAHC Home Care and Hospice Financial Managers Association (HHFMA) Work Group.  It is gratefully reprinted with Ted’s permission. On May 24, 2019, the Centers for Medicare & Medicaid Services (CMS)…