IRS Launches Inquiry Into Tax-Exempt Hospitals

The 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.)