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Friday, May 26, 2006

IRS Launches Inquiry Into Tax-Exempt Hospitals

Irs_logo_253The IRS has launched an initiative to determine whether tax-exempt hospitals are adhering to the community benefit standard set forth in Rev. Rul. 69-545 by sending Form 13790, Compliance Check Questionnaire, to 600 hospitals across the country. The initiative follows the Senate Finance Committe hearings last year on tax-exempt hospitals.  (Hat Tip:  McDermott, Will & Emery.)

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