Tax-exempt organizations—especially hospitals and health systems—face a new reality now that the Tax Act has passed. The health system’s long term commitment to tax-exempt, nonprofit status is now a legitimate strategic issue that creates unique challenges and opportunities. In this new environment, the health system board may consider whether it makes sense to increase the use of for-profit vehicles.
Access our Tax Reform Resource Center for more of our Tax Takes video series, along with other strategies and tools that will continue to help you lead your organization through the opportunities and risks brought about by proposed tax reform.
