Tax Exemption news from FierceHealthcare
NewsRegulators continue crackdown on hospitals' tax-exempt status
State and federal agencies continue to investigate the validity of hospitals' nonprofit, tax-exempt status. Yesterday, the Illinois Department of Revenue denied three hospitals from property tax Read more...
Provena Covenant takes tax exemption fight to Ill. Supreme Court
By this point, most healthcare executives are familiar with the story of Provena Covenant Medical Center, an Urbana, Ill.-based non-profit hospital that lost its state property tax exemption when Read more...
Hospitals fight federal charity care rules
Not-for-profit hospitals are rightly fearful that Congress will meddle with their tax exemption. If nothing else, Sen. Chuck Grassley (R-IA) has given them plenty of warning that their tax status was Read more...
Grassley wants charity care standards in stimulus
Working with another member of the Senate Finance Committee, perennial not-for-profit hospital critic Sen. Chuck Grassley (R-IA) is offering two amendments to the massive stimulus bill that should Read more...
VSP case may go to Supreme Court, affect all nonprofits
Brace yourselves, people, for the next major sea-change in healthcare. If the U.S. Supreme Court decides to take on the case of Vision Service Plan vs. the IRS, its decision could have an effect on Read more...
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