Update. We described in a previous blog post major changes that tax-exempt hospitals and other tax-exempt organizations in the healthcare industry face in the tax reform proposals working their way through Congress. In the...more
12/6/2017
/ 501(c)(3) ,
Affordable Care Act ,
Bonds ,
Charitable Donations ,
Excise Tax ,
Executive Compensation ,
Hospitals ,
Individual Mandate ,
Non-Profit Hospitals ,
Political Contributions ,
Proposed Legislation ,
Tax Exempt Entities ,
Tax Reform ,
Trump Administration ,
UBIT
As federal tax reform efforts proceed rapidly in both chambers of Congress, tax-exempt hospitals and other tax-exempt healthcare organizations are facing major potential changes. New tax burdens on tax-exempt organizations...more
11/15/2017
/ 501(c)(3) ,
Charitable Donations ,
Compensation & Benefits ,
Executive Compensation ,
Health Care Providers ,
Hospitals ,
Legislative Agendas ,
Proposed Legislation ,
Tax Deductions ,
Tax Exempt Entities ,
Tax Rates ,
Tax Reform ,
Tax-Exempt Bonds ,
Trump Administration ,
UBIT
The IRS recently released a ruling, Private Letter Ruling (“PLR”) 201615022, denying Section 501(c)(3) tax-exempt status to a “commercial” accountable care organization (“ACO”). This is the IRS’ first published guidance...more