Rep. Kelly Proposes Bill That Would Not Tax Clinical Trial Payments - ButlerRadio.com - Butler, PA
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Rep. Kelly Proposes Bill That Would Not Tax Clinical Trial Payments - ButlerRadio.com - Butler, PA
Congressman Mike Kelly is introducing a bipartisan bill that looks to reduce taxes for those who participate in clinical trials. Kelly and Congresswoman Chrissy Houlahan introduced the legislation that would exempt all payments received by participants in clinical trials from being counted toward their gross income. Under current law, if the payment isn’t classified as a reimbursement, it’s taxable income. Kelly says this would make participatio…
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