Sponsored
by CHA and Vizient (formerly known as VHA)
Tax-exempt hospitals report their community benefit
activities and other information related to their tax exemption on the Internal
Revenue Service (IRS) Form 990, Schedule H. This webinar will feature Stephen
Clarke who oversaw the creation, rollout and yearly update of the Schedule H
while at the IRS. Mr. Clarke, now executive director of Exempt Organization Tax
Services at Ernst and Young LLP, will give an overview of the content and
history of the Form 990, Schedule H, and will also share his insights on issues
related to the form:
- Is it community building or community
benefit?
- How to report restricted
grants
- Schedule H changes for tax years
2014-2015
- How compliance (and noncompliance)
with the Affordable Care Act Sec. 501(r) requirements are reported on the
form
- IRS oversight of community
benefit
- IRS community benefit report to
Congress
Time will also be provided for a
question and answer session with participants.
Objectives
After attending this event, participants
will understand:
- The purpose and history of the IRS
Form 990, Schedule H
- Current issues related to the Form
990, Schedule H
The webinar is
provided as general information and is not tax or legal advice.
Presenter
Stephen Clarke is executive director of
Exempt Organization Tax Services at Ernst and Young LLP. Before joining Ernst
and Young, Mr. Clarke was a tax law specialist, project manager and guidance
group manager with the Internal Revenue Service (IRS) Exempt Organizations
division. At the IRS, Clarke served as the project manager for the 2008 redesign
of Form 990, the information return filed annually by charities and other exempt
organizations.
Prior to joining the IRS in 2005, Mr.
Clarke worked as an attorney with Gammon & Grange, P.C., a law firm in
northern Virginia, where he served tax-exempt organizations, radio broadcasters,
trust and estate clients and other clients since 1996.
Throughout his career he has worked with
nonprofit organizations, helping them to understand and comply with tax and
other regulatory requirements while also helping them to meet their charitable
goals. He has served as board chair of Good Samaritan Advocates since 2004.
He earned his bachelor of arts degree
from Wheaton College in Illinois and his juris doctorate from the College of
William and Mary School of Law. He is an active member of the Virginia
bar.