posts tagged as Tax Advisory


Negative Side Effects of Tax Reform for Life Sciences

The tax benefits of orphan drugs, R&D expenses and employee fringe benefits lose weight under the new tax law. How will tax implications impact your organizational strategies? read more


BDO’s Healthcare Rx Newsletter: Future of Healthcare Lies in the Data

In our revamped newsletter, BDO’s Healthcare Rx, we look at how three foundational shifts and five revolutionary forces are changing healthcare. Where do opportunities lie? One clue—start with Medicare Advantage. read more


Tax Reform: What Repeal of ACA Individual Mandate Means & More

What does tax reform mean for healthcare organizations? It depends on whether you’re a for-profit or non-profit entity. We explain in this post. read more


What Life Sciences Companies Need to Know About Tax Reform

To help organizations navigate the issues most impactful and urgent to the life sciences industry, we’ve prepared a summary of the industry implications based on the signed legislation. read more


By Nonprofit Practice Leaders | August 17, 2017

IRS Revokes Hospital’s Tax-Exempt Status, Shedding Light on Section 501(r) Compliance Concerns

Earlier this month, the IRS released a letter revoking the tax-exempt status of a hospital for noncompliance with section 501(r) of the Internal Revenue Code. Why? The hospital failed to conduct a community health needs assessment. Tax... read more


How Blockchain Could Solve Healthcare’s Interoperability Problem: BDO Knows Healthcare Newsletter

Healthcare faces a changing competitive landscape and a reimbursement shift to episode-based bundles, driving new measurements of “value” and creating an interoperability problem in the process. Blockchain could be the solution. The... read more


By Laura Kalick | May 23, 2017

Nonprofit Hospitals: How could proposed tax reform impact you?

The White House’s preliminary tax plan, released in late April, may have implications for individual giving habits. Nonprofit healthcare organizations should keep a watchful eye and plan for the potential changes. While the Internal... read more


By Laura Kalick | April 04, 2017

2017 Work Plan for Tax Exempt Organizations Issued by IRS

What should tax-exempt hospitals know about the IRS FY 2017 Work Plan? This year, IRS aims to "work smarter" by focusing on organizations where they will be more likely to find noncompliance and providing more information to... read more


What Hospital Boards Should Know About the Form 990

Many not-for-profit hospital boards are comprised of non-healthcare executives and those that are not familiar with tax-exempt, nonprofit organizations. If your board members have been paying little to no attention to how the Form 990 is... read more


Telemedicine and Potential Tax Implications for Tax-exempt Providers

It is hard to believe that telemedicine has been a clinical reality for almost 60 years, if you count from the literally space-age technologies NASA developed to monitor astronauts' health in the 1960s. Physician/technician... read more