An information release from the IRS deals with a tax break aimed at healthcare professionals working in underserved areas. Some of these doctors and nurses obtain student loan relief in exchange for their agreement to work in those areas, and the healthcare reform law provides enhanced tax treatment to those individuals, retroactive to 2009. The text of the release appears below. (more…)
Posts Tagged ‘physicians’
New Tax Break for Doctors, Nurses
Wednesday, June 16th, 2010Supreme Court to Review Medical Residents’ FICA
Wednesday, June 2nd, 2010A recent appeals court decision created a conflict in the circuits on the question whether wages paid to medical residents qualify for the student exception to social security tax. The Supreme Court announced on June 1 that it will review the decision.
