posts tagged as Section 501(R)


By Laura Kalick | June 22, 2016

It’s Time to Get 501(r) Compliant

As scrutiny of tax-exempt hospitals continues to increase, it’s critical that hospitals adapt to the latest regulations—particularly those that are about to go into effect in the fiscal year beginning July 1. read more


By Nonprofit Practice Leaders | April 26, 2016

WEBINAR: How Nonprofit Hospitals Can Survive a Mandated IRS Review

Is your nonprofit hospital prepared for an IRS review? The IRS has increased focus on the activities and policies of tax-exempt hospitals and are scrutinizing if these organizations can “justify” their tax-exempt status. read more


By Laura Kalick | November 19, 2015

Exempt Organizations IRS Priorities

Congress makes the laws, Treasury interprets them, and the Internal Revenue Service (IRS) enforces them and collects the revenue. read more


By Laura Kalick | September 15, 2015

501(r) Penalties Depend on Response to Mistakes

There has been significant discussion this year about new provisions outlined in Section 501(r) of the Internal Revenue Code that nonprofit hospitals must meet to retain their tax-exempt status. The key components are detailed in a... read more


By Laura Kalick | January 29, 2015

Four Steps Nonprofit Hospitals Should Take to Help Retain Their Tax-Exempt Status

Newly finalized IRS regulations further distinguish the practices of tax-exempt hospitals from those of for-profit hospitals. While these new provisions are not applicable until tax years beginning after Dec. 29, 2015, hospitals are... read more


By Laura Kalick | November 20, 2014

Establishing the Groundwork for Joint Ventures between Nonprofit and For-Profit Organizations

Joint ventures between nonprofit and for-profit entities are very popular these days, especially in the healthcare arena, where nonprofits are hungry for access to new sources of capital to fund efforts that will give them a competitive... read more


By Nonprofit Practice Leaders | June 24, 2014

Nonprofit Hospitals Must Work with Communities to Help Secure Their Tax-Exempt Status

The cost of hospital tax exemptions across all levels, including state, local and federal, has been growing rapidly, and according to a recent Time article, it’s now approaching $80 billion annually. This cost includes charitable... read more


By Laura Kalick | May 19, 2014

Hospital Property Tax Exemptions on the Radar

Tax-exempt hospitals are entitled to a multitude of federal and state tax benefits, with an estimated total annual value of $12 billion. read more


By Patrick Pilch | February 25, 2014

Was Internal Revenue Code Section 501(r) a Wake-Up Call for Tax-Exempt Hospitals to Focus on the Health of the Patient Population?

A Time magazine cover article estimated that the value of all tax exemptions given to hospitals by Federal, state and local authorities exceeds $80 billion a year. read more


By Laura Kalick | January 23, 2014

IRS Publishes Guidance for Tax-exempt Hospitals on How to Avoid, Remedy and Disclose IRC 501(r) Failures

The IRS recently issued two notices for tax-exempt hospitals and the for-profit companies that enter into joint ventures with these institutions. read more