Tax Law

Recent Posts

Proposed Regs Clarify Charitable Hospital Organization Requirements
Posted on 17 Jul 2012 by Patricia Tyler

The Patient Protection and Affordable Care Act added IRC Section 501(r) , which imposes detailed conditions on a hospital organization seeking exemption under IRC Section 501(c)(3) . In addition to satisfying the requirements of IRC Section 501(c)(3)... Read More

IRS § 403(b) Termination Guidance Leaves Some Issues Unresolved
Posted on 24 May 2011 by Deanne Morton

Did you ever wonder what your friends with jobs in the public sector are doing with respect to their retirement? IRC Section 403(b) permits public schools and tax-exempt organizations that qualify under IRC Section 501(c)(3) to establish tax-sheltered... Read More

Health Care Reform Intensifies Tax-Exempt Hospital Compliance Requirements
Posted on 31 Jan 2011 by LexisNexis Tax Center

Editor's Note : The following is an excerpt from Tax Planning for Partners, Partnerships and LLCs § 15.03[3] (Matthew Bender). ... The Patient Protection and Affordable Care Act, P.L. 111-148 (March 23, 2010) enacted new IRC Section 501... Read More