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Mar 02

IRS Nonprofit Hospital Study – Final Report

Internal Revenue Service officials released the final report on its tax-exempt hospital project. The project aimed to help the IRS and public better understand how nonprofit hospitals benefit their communities, the basis for their federal tax exemption. The project also delved into executive compensation practices of nonprofit hospitals. The final report is based on the responses to questionnaires the IRS received from almost 500 hospitals. 

http://www.irs.gov/charities/charitable/article/0,,id=203109,00.html

 

About Reed Tinsley, CPA

As a top advisor to physicians, I help increase practice profits by delivering hands-on, expert medical accounting/tax support, practice counsel, and revenue-building strategies. Read more →