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Health Care Tax Services

HORNE's health care tax services team is dedicated solely to the health care industry.  Our health care tax team is comprised of individuals who have substantial experience in financial, strategic and tax matters from both a hospital system perspective and a physician perspective, which is essential in the current environment.  HORNE's knowledgeable, experienced team provides customized tax advisory services for hospitals, large health care systems, physician and dental practices, and a multitude of other health care entities including ambulatory surgery centers, long-term acute care facilities, rehabilitation centers and residential nursing facilities.

HORNE prepares federal, state and local tax returns. However, HORNE provides far more than basic tax services. Our professionals provide proactive advice to our clients to help them navigate through increasingly complex tax rules and regulations. We also provide a valuable depth of insight with our experience in health care.  Our well-trained tax team will provide results with an increased level of efficiency and effectiveness. 

Tax preparation and consulting services provided to health care entities and physicians include:

Individual Services
Personal Tax Return Preparation and Consulting

• Preparation of Form 1040
• Preparation of estimated taxes
• Responding to federal and state notices
• Tax planning opportunities

Business Services
Business Tax Return Preparation and Consulting

• Preparation of  Form 1120, Form 1120S and Form 1065
• Preparation of estimated taxes
• Responding to federal and state notices
• Tax saving opportunities

Not-For-Profit Entity Services

As you are aware, not-for-profit organizations must comply with their own specific regulatory and operational issues.  Tax-exempt hospitals are navigating Schedule H reporting on community benefit, and HORNE has the depth of resources to ensure compliance. Not-for-profit organizations also face many of the same tax challenges that for-profit enterprises do. HORNE's health care tax services team provides in-depth knowledge of these complex issues and assists nonprofit organizations in managing their resources wisely.

HORNE's not-for-profit tax return preparation and consulting includes:

• Preparation of  Form 990, Form 990-EZ and Form 990-T
• Consulting services related to the preparation of Schedule H
• Preparation of estimated taxes
• Responding to federal and state notices
• Preparation of Form 1023, Application for Exemption

Additional Tax and Related Services

A component of HORNE's proactive approach is to provide you with additional resources as needed.  HORNE provides our clients with a range of other services that extend beyond those services of traditional accounting firms.

Community Health Needs Assessment
Nonprofit hospitals are now required to prepare an analysis of community health needs as a result of the Patient Protection and Accountable Care Act (PPACA - Section 9007(a).  The CHNA must be conducted every three years and adopt an implementation strategy to meet the needs identified.  HORNE works with hospitals to conduct the assessments which are indepth and complex. The assessment requires input from a broad interest in the community; must be made widely available to the public; must provide an implementation strategy to meet and report on the unmet needs and reasons for the gaps.

Compliance and Consulting
HORNE provide compliance and consulting related to information reporting for employees and contractors, including review of physician contracts and debt forgiveness calculations.

Audit Assistance and Controversy Resolution
HORNE provides audit assistance and controversy resolution for all types of taxes.

HORNE's goal in serving you is simple-provide the most timely, proactive services to meet your needs and exceed your expectations. Our health care tax team looks forward to providing you with quality, customized services designed specifically to address the needs of those in the health care community. For more information on health care tax services, contact Partner Marsha Dieckman at marsha.dieckman@horne-llp.com or call 601.326.1024.