Ensuring Compliance With Federal, State, and Local Tax-Exempt Requirements
Note: CPE credit is not offered on this program
A live 90-minute CLE webinar with interactive Q&A featuring HealthCare Appraisers’ Sydney Hilzenrath, CEP, CECP.
Thursday, June 25, 2020
1:00pm-2:30pm EDT, 10:00am-11:30am PDT
This CLE webinar will guide counsel for nonprofit hospitals and health systems on proactive measures to protect the hospital’s tax-exempt status. The panel will review current litigation between municipalities and nonprofit hospitals as well as legislative challenges. The panel will also discuss how hospitals and healthcare systems can mitigate those challenges and ensure compliance to maintain nonprofit status.
Challenges to the nonprofit status of hospitals and health systems are becoming increasingly common, with attacks coming from multiple fronts. Many nonprofit hospitals and health systems are facing litigation, the results of which could be very costly. For example, Inspira Health Network in Vineland, NJ, is facing a suit brought by the city challenging the tax exemption and contending that it owes $3.1 million in back taxes for 2018 alone.
Different levels of government require different compliance for hospitals to maintain their tax-exempt status. Federal, state and local municipalities all place requirements on nonprofit hospitals and health systems. Also, the IRS has increased enforcement efforts on ensuring that hospitals claiming tax-exempt status are qualified.
Hospitals, health systems and their counsel should be aware of, and prepare for these nonprofit tax-exempt challenges at the local, state and federal level, including establishing the reasonableness of compensation amounts for hospital executives and physicians.
Listen as our authoritative panel of healthcare attorneys and consultants examine what nonprofit hospitals and healthcare systems face as government agencies and the public question the legitimacy of many hospitals nonprofit status. The panel will review current litigation between certain municipalities and nonprofit hospitals as well as legislative challenges. The panel will also discuss how hospitals and healthcare systems can mitigate those challenges. The panel will offer best practices for hospital counsel to ensure compliance with those requirements to maintain nonprofit status.
- Current litigation between municipalities and nonprofit hospitals
- Legislative efforts
- How hospitals and healthcare systems can mitigate challenges to nonprofit status
- Best practices for compliance to maintain nonprofit status
The panel will review these and other key issues:
- How is the IRS increasing enforcement efforts? What actions are municipalities and states taking towards nonprofit hospitals and health systems?
- How can nonprofit hospitals mitigate challenges to their tax-exempt status?
- What steps should hospitals take to ensure compliance with state and federal law requirements and avoid government penalties or civil liability?
Register today, or learn more, by visiting the Stafford website: