Friday, January 18, 2013

HHS issues 400+ pages of HIPAA regulations



“This final omnibus rule marks the most sweeping changes to the HIPAA Privacy and Security Rules since they were first implemented,” said HHS Office for Civil Rights Director Leon Rodriguez. “These changes not only greatly enhance a patient’s privacy rights and protections, but also strengthen the ability of my office to vigorously enforce the HIPAA privacy and security protections, regardless of whether the information is being held by a health plan, a health care provider, or one of their business associates.”




Sunday, December 2, 2012

IRS issues guidance regarding the 3.8% medicare tax on net investment income

IRS issued guidance regarding the 3.8% medicare tax on net investment income.



IRS issues guidance on Additional Medicare Tax

The Additional Medicare Tax applies to individuals’ wages, other compensation, and self-employment income over certain thresholds; employers are responsible for withholding the tax on wages and other compensation in certain circumstances.

The IRS issued guidance on November 30, 2012.