Author Topic: Insurance Write-Off  (Read 517 times)

mcneil.karen

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Insurance Write-Off
« on: January 30, 2018, 04:14:51 PM »
Good afternoon,
I am working with a provider who is new to private practice.  Can the provider write-off the insurance adjustment when filing their income tax?

Thanks,

Karen

kristin

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Re: Insurance Write-Off
« Reply #1 on: January 30, 2018, 06:13:54 PM »
I am not an attorney or an accountant, but I had a provider who wanted to know the same thing, as well as if they could somehow write-off their penalties from no doing MIPS, etc. The practice accountant said no way it could be written off. But I would recommend the provider ask their accountant directly.

mcneil.karen

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Re: Insurance Write-Off
« Reply #2 on: January 31, 2018, 11:02:12 AM »
Thank you so much Kristen.  Have a great day!

Karen