A coalition to help hospitals deal with the information and data demands of the revised 990 tax form and a schedule specifically related to hospitals has launched a new Web site. The coalition ...
On May 26, 2020, the U.S. Treasury released Final Regulations on donor disclosure requirements that shield many nonprofits – except 501(c)(3) charities and 527 political organizations – from the ...
The demographics of the community? Check. How the data was obtained? Check. Primary and chronic disease needs? Check. How needs are prioritized? Check. But for many of the 990s analyzed by Modern ...
On July 30, 2019, a federal district judge set aside the Internal Revenue Service’s Revenue Procedure 2018-38, a rule that had allowed 501(c)(4) social welfare organizations and other nonprofits to ...
The Patient Protection and Affordable Care Act enacts a number of new requirements for non-profit hospitals under section 501(r) of IRS code. The new provisions require 501 (3)(c) hospitals to: ...
The American Hospital Association has filed a letter with the IRS arguing that the agency could do more to accommodate small, cash-strapped institutions in its instructions for filling out Form 990 ...
On October 8, 2014, the IRS released drafts of the 2014 Form 990, Schedule H and Instructions, proposing significant changes related to a hospital facility's compliance with Section 501(r) of the ...
Most nonprofit organizations are now reviewing their first redesigned IRS Form 990 and its many new information requirements designed to enhance transparency and accountability. CPAs with nonprofit ...
Most nonprofit organizations would have to provide the Internal Revenue Service with detailed information about their use of munis if the agency moves forward with a proposal to add a tax-exempt bond ...