2006 Exempt Organizations (EO) Implementing Guidelines

Written by Reed Tinsley | November 22, 2005

 

The IRS Tax Exempt and Government Entities ("TE/GE") Division just released its “FY 2006 Exempt Organizations (EO) Implementing Guidelines.” Most notable for tax-exempt hospitals, the Director of EO Examinations announced, coincident with the release of the Implementing Guidelines, that one examination initiative may consist of sending letters to about 600 nonprofit hospitals inquiring about their executive compensation practices and about how they believe they satisfy the community benefit standard supporting their qualification for section 501(c)(3) status.

To read the full text of the Alert, please click on the link below.

2006 Exempt Organizations (EO) Implementing Guidelines

About the Author

Reed Tinsley CPA

This article is written by Reed Tinsley, a Houston, TX-based CPA with over 30 years of experience advising physicians and medical practices across Texas and the United States. Reed holds certifications as a Certified Valuation Analyst (CVA), Certified Healthcare Business Consultant (CHBC), and Certified Financial Planner (CFP), specializing exclusively in the healthcare sector. He is a published author, nationally recognized speaker, and trusted advisor to physicians on accounting & tax, practice management, and financial planning. Schedule a Free Consultation.

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