Written and Reviewed by Reed Tinsley |
March 2, 2009
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 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.
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