QUESTION 21 What steps are necessary to create a private, nonprofit corporation that is exempt from federal and state taxes? a. The organizers must file a document with an official of state government to create a nonprofit corporation, and then must apply to the federal Internal Revenue Service (IRS) and the state tax authority for tax-exempt status. The organizers must file a document with an official of the federal government to create a nonprofit corporation that may operate in interstate commerce, and then must apply to the federal Department of Health and Human Services (HHS) and Ob. the state tax authority for recognition as a tax-exempt hospital. c. The organizers must file a document with an official of county government to create a corporation, and then must apply to the federal Internal Revenue Service (IRS) and the state tax authority for tax-exempt status. Od. All of the above QUESTION 22 Prior to the 2010 Affordable Care Act (ACA), what requirements did the Internal Revenue Service (IRS), impose on tax-exempt hospitals as a condition of maintaining their tax-exempt status? Provide charity care in an amount that was equal to or greater than the value of the hospital's tax-exempt status O a b. Provide all of its services to all residents of its community who are unable to pay for their care Oc. Provide charity care in an amount that was equal to or greater than 3 percent of the hospital's gross revenues in each calendar year None of the above Od QUESTION 23 In what way, if any, does the Affordable Care Act affect the obligations of tax-exempt charitable hospitals? O a. The Affordable Care Act requires charitable hospitals to provide a specific amount of charity care each year to maintain their tax-exempt status. Ob. The Affordable Care Act imposes some additional obligations on charitable hospitals to maintain their tax-exempt status, but it does not require charitable hospitals to provide a specific amount of charity care each year. The Affordable Care Act imposes a new requirement that charitable hospitals must provide services to everyone in the community who able to pay to maintain their tax-exempt status. Oc. None of the above Od Click Save and Submit to save and submit. Click Save All Answers to save all answers