F990

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The new IRS Form 990 for tax-exempt organizations asks for more information than the government previously collected, and it raises a number of questions specifically as it applies to s. The form includes a new Schedule H, on which nonprofit s report on activities that benefit their communities. The form and its schedules ask for specific information about governance, organizational leaders/directors and their compensation, related organizations, and the institutions’ conflict-of-interest and other governance policies. s’ finance directors and compliance officers will need to work closely with the organization’s governing board and corporate counsel to understand the organization’s compliance policies and ensure that information is disclosed properly on the form.

A panel of industry leaders and governance experts is being assembled by the Knowledge Congress to discuss compliance policies and Form 990 reporting. Their presentation will be aired in a LIVE two-hour Webcast.

Course Level: Intermediate
Prerequisite: None
Method Of Presentation: Group-Based-Internet
Developer: The Knowledge Conference
Recommended CLE/CPE Hours: 1.75 - 2.0
(Please note, your State Bar or Accounting Board will make the final determination with respect to continuing education credit. If you are applying for CLE credit in Texas you must register 20 days before the event date.)
Advance Preparation: Print and review course materials
Course Code: 093875
Recording Fee: $299 (Please click here for details)
NASBA Sponsor Number: 109004

 

Featured Speakers for Form 990 for Hospital Reporting live webcast:


  Event Talking Points (click here to view more)
SEGMENT 1:


T.J. Sullivan, Partner,
Drinker Biddle

- The community benefit standard for hospital tax exemption
- Congressional concerns about charitable organizations, including hospitals
- How we got to the new Form 990
- Governance questions
- Telling your story

SEGMENT 2:


Richard D. Sanders, Partner,
Balch & Bingham LLP

- Review of the IRS Form 990, including the new guidance and instructions issued by the IRS.
- The discussion will introduce the new requirement for reporting a hospital‘s community benefit.
- The session will outline the impact of the new Form 990 on reporting tax-exempt financing as part
  of a hospital’s community benefit.

SEGMENT 3:


Mindy Hatton, Senior Vice President and General Counsel,
American Hospital Association

- Why the IRS’ report on its compliance check project provides few, if any, insights into
   hospital community benefit practices
- The challenges in hospital 990 reporting:
     - Confusion ranging from mild to profound on Schedule H reporting
     - Special challenges for hospital systems
- Some suggestions for tackling Schedule H reporting next year

SEGMENT 4:


Lucille M. White, Partner Exempt Organization Tax Services,
Ernst & Young LLP

- Charity care - financial versus tax reporting
- Schedule H
    - Aggregate Reporting
    - Restructuring Considerations
    - Filing Group Returns



Drinker Biddle
T.J. Sullivan
Partner
speaker bio »»

Balch & Bingham LLP
Richard D. Sanders
Partner
speaker bio »»

American Hospital Association
Mindy Hatton
Senior Vice President and General Counsel
speaker bio »»

Ernst & Young LLP
Lucille M. White
Partner Exempt Organization Tax Services
speaker bio »»

Who Should Attend?

Healthcare Finance:
   - CFOs
   - Finance Directors
   - Internal Controls

Why Attend?

This is a must attend event to anyone interested in having full understanding about Form 990 for Hospital Reporting.
- New guidance explained by the most qualified key leaders & experts
- Hear directly from key regulators & thought leaders
- Interact directly with panel during Q&A

Registration Information:                                                                                                                                    



Form 990 for Hospital Reporting
Speaker Firms:








 

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We are an approved multi-event sponsor in the state of California. Our provider ID is: 14451. In Texas, Illinois, and Virginia, we submit programs for individual approval in advance. In all other states, once attendance is verified, participants are emailed an official certificate of attendance which they submit to their respective State Bar Associations. Our programs are created with continuing education in mind and are therefore designed to meet the requirements of all State Bar Associations. If you have any questions, please email our CLE coordinator at: info@knowledgecongress.org

Attention New York Attorneys:

This program is approved for CLE credit under New York’s Approved Jurisdiction policy. The Knowledge Group, LLC is an approved sponsor in the state of California, a New York Approved Jurisdiction. This program fulfills the non-traditional format requirement of exceeding 60 minutes in length. Please note only experienced attorneys (more than 2 years) are eligible to receive CLE credit via non-traditional format learning platforms. The Knowledge Group will verify attendance during the webcast via secret words (3 per credit hour) and by auditing attendees log in and log out records. All verification instructions will be provided during the webcast. Once attendance verification requirements have been completed, the attendee will be issued a certificate of attendance be The Knowledge Group for the course with the recommended number of credit hours. The Certificate of Attendance is normally sent via email in 24 hours or less.

To Claim Your CLE Credits:

The attorney should simply include credits earned via Knowledge Group webcasts when computing the total number of CLE credits completed, and keep the Knowledge Group Certificate of Attendance for a period of at least four (4) years in case of audit. An attorney may count towards her/his New York CLE requirement credit earned through the Approved Jurisdiction policy without notifying the CLE Board.

To learn more about New York’s Approved Jurisdiction policy. Please visit: http://www.nycourts.gov/attorneys/cle/approvedjurisdictions.shtml



 
Enrolled Agents Sponsor ID Number: 760

We have entered into an agreement with the Office of Professional Responsibility, Internal Revenue Service, to meet the requirements of 31 Code of Federal Regulations, section 10.6(g), covering maintenance of attendance records, retention of program outlines, qualifications of instructors, and length of class hours. This agreement does not constitute an endorsement by the Office of Professional Responsibility as to the quality of the program or its contribution to the professional competence of the enrolled individual.