On April 4, the IRS released its Exempt Organization Newsletter, Issue Number 2013-6. Topics include the following
- IRS issues proposed regulations on Community Health Needs Assessments,requests comments
- IRS releases the Dirty Dozen tax scams for 2013
- Register for EO Workshops
- IRS releases FY 2012 Data Book
- Public comment invited on recommendations for 2013-2014 Guidance Priority List
1. IRS issues proposed regulations on Community Health Needs Assessments, requests comments
On April 3, 2013, the IRS issued proposed regulations on the requirement that charitable hospitals conduct community health needs assessments (CHNAs) and adopt implementation strategies at least once every three years (formal publication on April 5, 2013). The proposed regulations also discuss the related excise tax and reporting requirements for charitable hospitals and the consequences for failure to satisfy the requirements. For the text of the proposed reguations see the Affordable Care Act Provisions or the New Requirements for 501(c)(3) Hospitals pages on IRS.gov.
Comments and requests for a public hearing must be received by July 5, 2013.
Hospital organizations whose 2012 tax years began after March 23, 2012 are required to complete all questions on their 2012 Form 990, Schedule H. Hospital organizations whose 2012 tax years began on or before March 23, 2012 are required to complete all parts and sections of Schedule H for tax year 2012, with the exception of Part V, Section B, lines 1-8 regarding CHNAs. The IRS continues to welcome public input on the new requirements for charitable hospitals under the Affordable Care Act.
2. IRS releases the Dirty Dozen tax scams for 2013
The IRS has issued its annual “Dirty Dozen” list of tax scams, reminding taxpayers to use caution during tax season to protect themselves against a wide range of schemes ranging from identity theft to return preparer fraud.
Impersonation of charities is one of the “Dirty Dozen” this year. Following major disasters, it’s common for scam artists to impersonate charities to get money or private information from well-intentioned taxpayers. Scam artists can use a variety of tactics. Some scammers operating bogus charities may contact people by telephone or email to solicit money or financial information.
3. Register for EO Workshops
It’s not too late to register for workshops for small and medium sized 501(c)(3) organizations:
- April 30 – St. Louis, MO
hosted by University of Missouri St. Louis
- May 2 – Springfield, MO
hosted by Missouri State University
- May 21 and 22 – Southfield, MI
hosted by Lawrence Technological University
4. IRS releases FY 2012 Data Book
The IRS recently released the 2012 IRS Data Book, a snapshot of agency activities for the fiscal year.
The report describes activities conducted by the IRS from Oct. 1, 2011, to Sept. 30, 2012, and includes information about returns filed, taxes collected, enforcement, taxpayer assistance and the IRS budget and workforce, among other topics.
5. Public comment invited on recommendations for 2013-2014 Guidance Priority List
The Department of the Treasury and IRS invite public comment on recommendations for items that should be included on the 2013-2014 Guidance Priority List. Review Notice 2013-22.