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Archive for May, 2009

CBISA Online™ and IRS 990H

Thursday, May 7th, 2009

The IRS is imposing new reporting requirements for hospitals in their annual Form 990 tax return filing starting in tax year 2009. The new information concerns the nature and scope of a hospital’s community benefit efforts. All of this information will be reported in the new Schedule H “Hospitals”. Lyon Software has been following the IRS draft issues of the new Schedule H, and we have been changing CBISA Online™ to accommodate these new 990H requirements. (more…)