Preparing new tax forms to take extra time, cash

Greene, Jay
June 2008
Crain's Detroit Business;6/30/2008, Vol. 24 Issue 26, p17
The article reports that according to several taxation experts in Michigan, nonprofit hospitals should be prepared to spend a lot more money and time to complete the 2008 U.S. Internal Revenue Service Form 990, a form related to the taxation of nonprofit organizations. Lori Boyce, tax director with Deloitte Tax LLP, says that some hospitals could easily double or triple their usual spending to complete the form.


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