Non-profit Status Scrutiny: Is your hospital prepared?

presented on December 14, 2006

Are you prepared to defend your tax-exempt status?

Congress has sent warning shots to the nonprofit hospitals sector and the IRS is following its lead. In response to a senate request, the IRS chief counsel and inspectors will be paying particular attention to the nonprofit benefits accrued by almost 5,000 of the nation's hospitals, as well as the benefits accrued by executives, board members, and other professionals associated with the hospital.

This pressure from Congress and regulators has widespread implications for hospital leaders. As you assess your organization's ventures for 2007, what will this increased scrutiny mean for you? Are you ready to face a possible IRS examination?

Listen to HealthLeaders Media's Webcast, Nonprofit Status Scrutiny: Is your hospital prepared? During this 90-minute program, two panelists engage in a presentation that will provide insight on what to expect from the government as it focuses on community benefit standards, as well as how to deal with an IRS examination, including tips on dealing with examiners and their management.

Speakers identify the data, documents, contracts, and relationships that the IRS may examine to determine possible penalties. Through their expert guidance, you'll learn how to deal with IRS aggressiveness, as well as gain practical strategies to ensure that your organization is in line.

Purchase today to get answers to these critical questions:

• Does the IRS have carte blanche to examine virtually any documents they feel may be material?
• What about the intimidation factor?
• What kind of counsel should your hospital have on hand for an exam? How long will it likely take?

Program agenda

1. The current non-profit environment
   1. Current litigation
   2. Grassley letters
   3. Nonprofit sector report to Congress
2. IRS initiatives
   1. Community Benefit Questionnaire
   2. Revisions to Form 990
   3. Tax-exempt bond audits
   4. 2006 tax legislation
3. IRS examination
   1. What to expect from an audit
   2. Necessary audit data and documents
   3. Dealing with an IRS examiner
4. Q&A
   

Who should attend?

Nonprofit hospital board members, CEOs, CFOs, COOs, and consultants.

Featured speakers

Alvin Brown, Managing Partner, Alvin Brown & Associates, LLC (ABA). ABA is a tax law firm representing taxpayers throughout the US and abroad. Mr. Brown also serves as Director of the IRS Forum (irsforum.org). The IRS Forum has been approved by the IRS as an educational organization and its purpose is to provide IRS transparency for any IRS action that would otherwise be shielded by tax privacy laws. The internet platform is available to any taxpayer wishing to voluntarily vent any IRS experience with anonymity. Prior to being managing partner at ABA, Brown was a tax lobbyist for various legislative proposals as well as a tax attorney in the office of the IRS Chief Counsel. He is an expert in dealing with the IRS on examination issues, and has helped draft tax regulations and IRS rulings published in the Internal Revenue Bulletin.

Scott Donaldson, Partner, Ernst & Young's National Tax Exempt Organizations Group. Mr. Donaldson has practiced with Ernst & Young for 25 years. He provides tax planning, consultation, and compliance services to various healthcare providers, health plans, and other healthcare related organizations. He serves as Ernst & Young's tax executive to most of the firm's largest healthcare clients in the West. Donaldson has advised healthcare clients on a variety of issues, including: integrated delivery system development; unrelated business income; private inurement/benefit and intermediate sanctions; organizational restructuring of tax-exempt and taxable entities; physician recruiting and retention; joint venture structuring, hospital-physician alliance structuring; executive compensation and employee benefits; excise and payroll tax issues; fundraising issues; state and local taxes; independent contractor issues; and tax-exempt financing. Additionally, Donaldson has represented many hospitals, physicians, and other healthcare organizations before the Internal Revenue Service in connection with IRS examinations, tax-exemption applications, and private letter ruling requests.

System Requirements and Program Materials

Please note that to fully benefit from the Webcast experience, you will need a computer equipped with an Internet connection, sound card, and the following browsers: Netscape Navigator 4.7 or Internet Explorer version 5 or higher.

You will receive presentation slides, and other materials that you can print and distribute to all of your peers at your location.

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