AAMC (Association of American Medical Colleges) President and CEO Darrell G. Kirch, M.D., issued the following statement commending the Internal Revenue Service (IRS) for its decision to refund Federal Insurance Contributions Act (FICA) taxes to teaching hospitals and medical residents who filed claims for services prior to April 1, 2005: “The AAMC is pleased that, after years of litigation on this issue, the IRS has exempted residents from paying FICA taxes for time spent in their residency programs prior to April 2005, when new IRS regulations were put into place… (Source: Health News from Medical News Today) MedWorm Message: Get the very latest Swine Flu news via the MedWorm Swine Flu RSS news feed – updated hourly from thousands of authoritative health and news sources.

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AAMC Applauds Internal Revenue Service For FICA Refunds