The American Hospital Association on May 21 submitted for the record to the House Ways and Means Oversight Subcommittee a statement including its recent letter asking the Internal Revenue Service to withdraw Part V of Schedule H, or make it optional until the Office of Management and Budget reviews and approves a revised Schedule H in light of public comments. The subcommittee last week held the first in a series of hearings on oversight of tax-exempt organizations by the IRS.
“We hope that, as the Subcommittee continues its review, you will raise these concerns with the appropriate authorities at the IRS and the Treasury Department,” AHA wrote. IRS revised the form to implement new requirements for tax-exempt hospitals under the Patient Protection and Affordable Care Act.
"Because of the duplicative questions posed and the redundant and excessive paperwork currently required by the Schedule, hospitals will not only spend excessive amounts of time completing the Schedule but they will also incur additional expenses and divert greater resources collecting information to comply with the Schedule," the letter to the IRS states. It includes line-by-line recommendations to improve the form that were submitted to the IRS last summer and reflect the input and experience of hospitals across the country.