<p>Medical Equipment Provider Loses Exemption</p>

Medical Equipment Provider Loses Exemption

Internal Revenue Service

The IRS revoked the tax-exempt status of an organization established to provide home medical equipment and provide financial assistance to patients unable to pay for it after finding the organization operated in a commercial manner and generated unrelated business income.

<p>The IRS revoked the tax-exempt status of an organization established to provide home medical equipment and provide financial assistance to patients unable to pay for it after finding the organization operated in a commercial manner and generated unrelated business income.</p>