Tax-exempt Status

The Internal Revenue Service \(IRS\) recently mailed to more than 200 tax-exemption organizations a questionnaire concerning post-issuance bond compliance and record retention practices.
The Internal Revenue Service today released the long-promised draft revision of IRS Form 990.
In June, a group of plaintiffs' lawyers began filing class-action suits in several states against not-for-profit hospitals and health systems, alleging a tie between the hospitals' tax-exempt status and their handling of billing and collections for the uninsured. We believe the cases are baseless,…