In this case the taxpayer, a doctorsâ office, displayed various pieces of art in its offices, claimed depreciation on said artwork, which the IRS disallowed. At trial the IRS argued that the works of art did not have a useful life, based on Revenue Ruling 68-232.
A reduction in HAPU incidence by just 1 percentage point (3.5% to 2.5%) results in potential savings of $1,305,000 per year. Calculate your own potential savings below.
So, although some preventive services are expensive (that is, they cost more than $100,000 for every additional QALY gained), many more are bargains. Among the Partnership for Preventionâs strongly recommended preventive services, twenty-five cost less than $35,000 and ten cost less than $14,000 for each year gained.