Hospitals and health systems are using data analytics to transform nearly every facet of their organization—but so is the IRS. Leaders want to cut through the noise and benchmark their tax stats against their peers and national averages. Our tax leaders serve in prominent positions like the IRS Advisory Committee on Tax Exempt and Government Entities and the AICPA Exempt Organizations Taxation Technical Resource Panel—and they’ve analyzed more than 2,000 tax-exempt hospitals so they can share benchmarking information and potential red flag responses with attendees.
Upon completion of this program, participants will be able to:
- Discuss how hospitals across the country have responded to Schedule H questions.
- Recognize potential red flag responses to Schedule H questions.
- Identify which rules and regulations are prompting the IRS to ask various questions on Schedule H, particularly in Part V, Section B, where the Section 501(r) questions are located.