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re: No wonder medical cost or so high...

Posted on 11/20/14 at 8:36 am to
Posted by GeeOH
Louisiana
Member since Dec 2013
13376 posts
Posted on 11/20/14 at 8:36 am to
The gig is this...

Doctors bill way too high. Insurance pay a lesser negotiated amount. The docotra then claim the extra unpaid amount as losses which are tax benefits.

Posted by LSURussian
Member since Feb 2005
126965 posts
Posted on 11/20/14 at 8:43 am to
quote:

The docotra then claim the extra unpaid amount as losses
Only if he first declares the gross amount of his billing as sales revenue.

It's a zero net sum tax effect.
Posted by Tigerpaw123
Louisiana
Member since Mar 2007
17279 posts
Posted on 11/20/14 at 12:50 pm to
quote:

The docotra then claim the extra unpaid amount as losses which are tax benefits.


no... just no
Posted by SmackoverHawg
Member since Oct 2011
27381 posts
Posted on 11/22/14 at 8:59 pm to
quote:

The docotra then claim the extra unpaid amount as losses which are tax benefits.

NO they are not tax benefits dumbass. They are unpaid bills, nothing more. No tax credit. Just fricking work done for free. I wish I got a tax credit for it. WE DON'T GET shite!!! Except bad debt.
Posted by donRANDOMnumbers
Hub City
Member since Nov 2006
16928 posts
Posted on 11/23/14 at 9:50 am to
Blaming the doctors
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