Tax Penalties for Provider Relief

Bipartisan legislation was introduced in the U.S. House of Representatives on March 19, 2021, aimed at ensuring financial relief given to healthcare professionals during the pandemic is not diluted through taxation. Currently, Public Health and Social Services Emergency Fund (PHSSEF) assistance is taxable, resulting in a 21% or more reduction to the benefit for taxpaying providers as compared to non-taxpaying providers. H.R. 2079, The Eliminating the Provider Relief Fund Tax Penalties Act of 2021, would make sure Provider Relief Funds and similar funding provided in response to COVID-19 is not taxable. Please join AAOS in urging your Representative to cosponsor this bill.