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2012 changes to the Form 990 for exempt organizations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • May 3 2013

The 2012 Form 990 and Form 990-EZ for tax year 2012 contain certain changes. The due date for filing the required return for an exempt organization

How would President Obama’s budget affect charities?

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 22 2013

The Obama Administration released its budget proposal for 2014 on April 10, 2013, calling for nearly $250 billion in new spending on jobs, public

IRS issues community health needs assessment proposal for charitable hospitals

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 9 2013

On April 3, 2013, the Internal Revenue Service (IRS) announced a proposed rule pursuant to 501(r) of the Internal Revenue Code (Code), which

IRS publishes long-awaited final regulations for Type III supporting organizations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • January 4 2013

On Dec. 21, 2012, more than three years after publishing proposed regulations in 2009, the IRS and the Treasury Department issued final and temporary

IRS hearing on charitable hospitals’ billing and collection practices (Reg. 130266-11)

  • McGuireWoods LLP
  • -
  • USA
  • -
  • December 19 2012

Under Section 501(r) of the Internal Revenue Code, the proposed rules issued in June 2012 require exempt hospitals to implement a financial assistance policy

IRS issues notice of proposed new regulatory examples of program-related investments for private foundations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • April 26 2012

On April 18, 2012, the Internal Revenue Service released a Notice of Proposed Rulemaking that would add nine new examples of investments that qualify as “program-related investments” for private foundations

IRS releases 2011 Annual Report and 2012 Work Plan for Exempt Organizations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • February 17 2012

On Feb. 8, 2012, the IRS Director of Exempt Organizations released the IRS’s 2011 Annual Report and 2012 Work Plan for Exempt Organizations

IRS provides more guidance on health insurance cooperatives

  • McGuireWoods LLP
  • -
  • USA
  • -
  • February 10 2012

The IRS issued temporary rules on the recognition of healthcare cooperatives under Section 501(c)(29) of the IRC

IRS releases 2011 Form 990 for exempt organizations

  • McGuireWoods LLP
  • -
  • USA
  • -
  • January 25 2012

On Jan. 21, 2012, the IRS released the 2011 Form 990 for exempt organizations, as well as most of the accompanying schedules

IRS draft Schedule H for 2011 Form 990

  • McGuireWoods LLP
  • -
  • USA
  • -
  • December 23 2011

Tax-exempt hospitals will be required in 2011 to respond to questions on financial assistance policies, billing and collection practices, emergency medical care and individuals eligible for financial assistance