The Knowledge Group
The Knowledge Group

BDO USA, LLP, Named Sponsor at Knowledge Congress' Event on New Tax Rules for Tax Exempt Hospitals and Accountable Care Organizations Live Webcast

New York, NY, October 08, 2011 --(PR.com)-- BDO USA, LLP teamed up with The Knowledge Group for KC’s upcoming webcast entitled “New Tax Rules for Tax Exempt Hospitals and Accountable Care Organizations Live Webcast.” This two-hour event will be held on Thursday, November 10, 2011 from 12:00pm to 2:00pm (ET).

For further details about this event, please visit:
http://www.knowledgecongress.org/event_2011_New_Tax_Rules.html

About BDO USA, LLP

BDO is the brand name for BDO USA, LLP, a U.S. professional services firm providing assurance, tax, financial advisory and consulting services to a wide range of publicly traded and privately held companies. For 100 years, BDO has provided quality service through the active involvement of experienced and committed professionals. The firm services clients through more than 40 offices and more than 400 independent alliance firm locations nationwide. As an independent Member Firm of BDO International Limited, BDO serves multinational clients through a global network of 1,082 offices in 119 countries.

BDO USA, LLP, a Delaware limited liability partnership, is the U.S. member of BDO International Limited, a UK company limited by guarantee, and forms part of the international BDO network of independent member firms. BDO is the brand name for the BDO network and for each of the BDO Member Firms. For more information, please visit: www.bdo.com.

Event Synopsis

The nonprofit healthcare landscape was changed significantly by the Patient Protection and Affordable Care Act (PPACA), which imposes new requirements on nonprofit hospitals that must be followed in order to keep 501(c)(3) status. These requirements are already in effect now and must be implemented even though the IRS has not yet issued regulations. The new rules also mandate tax-exempt hospitals to administer community health needs assessments and to clarify and make known their financial assistance policies. Failure to do so may result to costly penalties which can be as high as $50,000. Also, the PPACA creates a new concept called Accountable Care Organizations (ACO). IRS is in the process of issuing guidance in both of these areas. This comes at the heels of increased scrutiny by IRS and state taxing authorities, which are now sharing information about tax exempt organizations.

About The Knowledge Group, LLC/The Knowledge Congress Live Webcast Series

The Knowledge Congress is a series of live webcasts produced by The Knowledge Group, LLC, which examine trends, regulatory, and technology changes across a variety of industries. For further details, please visit: www.knowledgecongress.org.

###
Contact
The Knowledge Congress
Thomas LaPointe, Jr., Executive Director
1.800.578.4370
www.knowledgecongress.org
Therese Lumbao, Director
Account Management & Member Services
tlumbao@knowledgecongress.org
ContactContact
Categories