"... describes the federal income tax treatment of healthcare organizations that are exempt from tax under [section] 501(a) of the Internal Revenue Code. Since many nonprofit healthcare organizations qualify for exemption under [section] 501(c)(3), the Portfolio begins with a discussion of how a healthcare organization may qualify as a charity, emphasizing the evolution of the current requirement that the organization be organized and operated for the promotion of health, including certain requirements applicable only to hospitals seeking to obtain or maintain exemption under [section] 501(c)(3) imposed under the Patient Protection and Affordable Care Act (ACA), which enacted [section] 501(r). The Portfolio describes the types of healthcare organizations that may qualify under [section] 501(c)(3) and tells how they may achieve public charity status, either as a per se public organization, a publicly supported organization, or a supporting organization."
Published as Tax Management Portfolio 873-2nd, -2015. Formerly published in Washington, D.C., 2004-2007.
Bibliography, etc. Note
Includes bibliographical references.
Formatted Contents Note
Detailed analysis. Introduction Qualification for tax-exempt status under [section] 501(c)(3) Public charity status Federal anti-referral and anti-kickback statutes Transactions with insiders, disqualified persons and physicians Deferred compensation and profit-sharing arrangements Partnerships and joint ventures Managed care organizations Integrated delivery systems and hospital acquisition of physician practices Unrelated business income tax For-profit subsidiaries Tax-exempt financing: [section] 501(c)(3) bonds Employment tax and employment status issues Hospital audits and the coordinated examination program Fund-raising activities Filing and disclosure rules Working papers.
Digital File Characteristics
Source of Description
Description based on contents viewed on Aug. 21, 2015; title from description page.
Available in Other Form
Print version: Washlick, John R. Nonprofit healthcare organizations. Arlington, VA : Tax Management Inc., c2015-