Tag: Affordable Care Act

From the Archives: Patient-Centered Outcomes Trust Fund Fee – An Exercise in Bureaucratic Futility

It’s a holiday week, so I’m re-publishing popular blog posts from the past. This is a timely re-post: the Patient-Centered Outcomes Trust Fund Fee is due by July 31! (*-The post below was written last year, when the fee was $1/person. The fee is now $2/person for 2014 filings.) —– Originally published July 19, 2013 […]

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Is the Patient-Centered Outcomes Trust Fund Fee Deductible as a Business Expense?

This is a brief follow-up to my post yesterday about the Patient-Centered Outcomes Trust Fund Fee. Is the fee deductible as a business expense? The fee is technically considered to be an excise tax, because it is reported on a Form 720 (Quarterly Federal Excise Tax Return). Excise taxes are often not deductible as business expenses. […]

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