Articles and Blogs

The Internal Revenue Service (“IRS”) published proposed regulations (“Proposed Regulations”) on April 5, 2013 that expand upon and provide clarification for the community health needs assessment (“CHNA”) requirements of Section 501(r)(3) of the Internal Revenue Code (the “Code”). The Proposed Regulations also provide guidance on how and when penalties may be imposed for failing to... READ MORE

This Health Care Tax News article is Part IV in a series discussing the Proposed Regulations under Code Section 501(r).  The first installment provided an overview of the Proposed Regulations, including the definitions of “Hospital Organizations” and “Hospital Facilities,” the second installment addressed the requirements for maintaining written financial assistance policies and written emergency... READ MORE

This Health Care Tax News article is Part III in a series discussing the Proposed Regulations under Code Section 501(r).  The first installment provided an overview of the Proposed Regulations, and the second installment addressed the requirements for maintaining written financial assistance policies and written emergency medical care policies. Under the Patient Protection and... READ MORE

This Health Care Tax News article is Part II in a series discussing the Proposed Regulations under Code Section 501(r).  The previous installment provided a general overview of the Proposed Regulations and addressed their applicability to “Hospital Organizations” and “Hospital Facilities” and can be accessed by clicking here.  The Patient Protection and Affordable Care... READ MORE

This Health Care Tax News article is Part I in a series discussing the Proposed Regulations under Code Section 501(r). While the health care industry has been awaiting the Supreme Court’s ruling on the constitutionality of the Patient Protection and Affordable Care Act (“ACA”), the Internal Revenue Service (“IRS”) has been proceeding with its... READ MORE

In a speech delivered at an educational conference on April 19, Lois Lerner, Director of the Exempt Organizations Division at the Internal Revenue Service (“IRS”), reported the preliminary findings from an analysis of governance practices of exempt organizations and signaled that good governance will continue to be a focal point for the IRS.  The... READ MORE

The coming tax year will bring significant new challenges for tax-exempt hospitals, which must comply with a new requirement to prepare a community health needs assessment (“CHNA”) and adopt a corresponding implementation strategy.  Preparing and publicizing these documents will take extensive effort, and hospital leadership should expect that the Congress, the IRS, the media... READ MORE

This Health Care Tax News article is Part V in a series addressing recent changes to IRS Form 990 and its Instructions.  The previous installments addressed changes to the Core Form, changes to Schedule H, changes to Schedule J and changes to Schedule K. Our final installment of this series addressing the recent changes... READ MORE

This Health Care Tax News article is Part IV in a series addressing recent changes to IRS Form 990 and its Instructions.  The previous installments addressed changes to the Core Form, Schedule H and Schedule J. As part of the January 21, 2012 release of the 2011 Form 990, the IRS also made updates... READ MORE

This Health Care Tax News article is Part III in a series addressing recent changes to IRS Form 990 and its Instructions.  The previous installments addressed changes to the Core Form and changes to Schedule H. With the January 21, 2012 release of the 2011 Form 990, the IRS revised Schedule J regarding the... READ MORE