IRS CPE Text Provides Valuable New Healthcare Tax Guidance

The Internal Revenue Service’s Continuing Professional Education Textbook was released October 3. It contains important new statements of position on several key tax-exempt health care topics.  Specifically, this year’s “CPE Text” provides tax-exempt health care providers and their advisors with important guidance on such current topics of interest as (i) ancillary joint ventures; (ii) valuation considerations; (iii) executive compensation; (iv) intermediate sanctions enforcement; (v) HMOs; and (vi) tax treatment of medical residents.