Healthcare Entities and LLCs: Leveraging IRS Guidance on Requirements for LLCs to Qualify as Tax-Exempt Entities
Recording of a 90-minute CLE video webinar with Q&A
This CLE webinar will guide healthcare counsel on the IRS Notice 2021-56. The panel will discuss the implications of the notice for healthcare organizations. The panel will address leveraging LLCs with Section 501(c)(3) tax-exempt organizations. The panel will offer best practices for establishing and maintaining tax-exempt status for healthcare organizations.
Outline
- IRS Notice 2021-56
- Implications for healthcare organizations
- Best practices for healthcare organizations to leverage the new IRS guidance
Benefits
The panel will review these and other high priority issues:
- What guidance does the new IRS notice provide for using LLCs in connection with Section 501(c)(3) tax-exempt organizations?
- What steps should counsel take to leverage the new IRS guidance?
Faculty
Mark Lezotte
Shareholder
Butzel Long
Mr. Lezotte has substantial experience in corporate, healthcare, exempt organization, and tax matters, including... | Read More
Mr. Lezotte has substantial experience in corporate, healthcare, exempt organization, and tax matters, including corporate and nonprofit governance, hospital-physician ventures and other healthcare transactions, regulatory investigations, tax exemption matters, and a wide range of business and commercial transactions. He is former general counsel of Oakwood Healthcare Inc. (now a part of Beaumont Health), where he was responsible for all of the system's legal services, supervision of in-house legal staff, supporting strategic initiatives and joint ventures, and the engagement and oversight of outside counsel on a wide variety of legal matters. Mr. Lezotte also served as outside general counsel for another Michigan health system, working with the system’s board and executive management on strategic matters, joint ventures, and contracting matters, and supervising legal and compliance activities. He has conducted presentations on a number of topics involving health law, nonprofit organizations, and tax matters.
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Douglas M. Mancino
Partner
Seyfarth Shaw
Mr. Mancino has extensive experience in audits, appeals, and other tax controversies, including tax litigation. He has... | Read More
Mr. Mancino has extensive experience in audits, appeals, and other tax controversies, including tax litigation. He has served as counsel to health care clients in a case that defined the limits of tax-exempt organizations participating in health care joint ventures and represents tax-exempt health plans throughout the United States. Mr. Mancino has authored or co-authored five books and treatises and more than 90 articles concerning tax-exempt organizations and health care issues. He is a former president of the American Health Lawyers Association and served for three years as vice chair publications of the ABA’s Tax Section. He is a frequent lecturer/speaker on many legal, tax and health care subjects. He enjoys a national reputation as one of the country’s top health care and tax-exempt organization lawyers.
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