Regulacje i polityka gospodarcza · 27/09/1999

Medicare Program; Revision to Accrual Basis of Accounting Policy

The Medicare program has revised its policy to allow for the inclusion of payroll taxes in allowable costs earlier, specifically when payment to employees is made in the current year despite the payment date being after the end of the year. This change affects the timing of payment, not the allowability of costs, and allows for the inclusion of end-of-year payroll taxes in the same year as their accrual.