tci Part B Insider - 2007 Issue 14

LEGISLATION: Your Doctor's Back Taxes Could Come Out Of Your Hide

Tell your senator how you feel about the Levin-Coleman billHow much do you know about your doctor's personal finances? Chances are not much, but they could have a huge impact on your practice's future if one bill passes.Watch out: Two influential senators have proposed a law that would hold back some of your doctor's Medicare payments if the doctor owes back taxes to the government. The proposed legislation comes after the Government Accountability Office testified at a March hearing that more than 21,000 physicians and related providers owed $1.3 billion in federal taxes. If just a...

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