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A comment on Trump Signs Executive Order Compelling Disclosure of Prices in Health Care. Parent comment

Re:Trump Signs Executive Order Compelling Disclosure of Pric... by conanbatt on Tuesday June 25, 2019 @12:54PM (#20276197)
I dont think that deduction idea makes sense. You would have had to actually report the income of the 400, pay taxes on that, and then deduct the next year. Unless there is trickery involved I'm not savvy of.
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Re:Trump Signs Executive Order Compelling Disclosure of Pric... by will_brown on Tuesday June 25, 2019 @01:00PM (#20276291)
That’s exactly how it’s done under accrued accounting. And in health care paying taxes on uncollected Billings and carrying the loses forward can make a lot of financial sense.
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