Events and Announcements
Update on FICA Recovery Project August 27, 2012
Our consultants have informed us that a recent issue involving the IRS and their calculation of interest on payments resulted is a brief interruption in payments that were being issued to individuals and/or hospitals.
As of August 27th, we have been informed, that the IRS contacted the consultants last week and informed them the calculation issue had been resolved and that the University of Maryland Medical Center was slated to be paid in the next 8-12 weeks. We will keep you informed of any updates.