Taxation of Hospitals and Health Care Organizations

Book excerpt: Written by one of America's leading experts on health law and its tax ramifications, this treatise examines everything from obtaining and holding onto tax-exempt status, to the day-to-day tax issues faced by your clients. It also dispenses valuable practical guidance on such critical matters as: • For-profit versus not-for-profit hospitals and health care organizations • How to survive an IRS audit • Federal record-keeping, reporting and disclosure requirements • Avoiding the UBIT • Physician recruitment and retention • Caring for the elderly in facilities and at home • HMO's • Medical groups and faculty practice plans • The perils of improper lobbying and electioneering by exempt organizations • Integrated health care systems and cooperative organizations • Partnerships, LLC's and Joint Ventures • Operating as a Private Foundation Thousands of citations to recent tax cases, IRC sections and Treasury Regs, IRS rulings and pronouncements, etc. Thorough analysis of the most significant authorities. First published in December 1999. 1 volume; updated annually.