Case Study-Tax Exempt Status

Write a 5-page paper-on (not including title or reference page) the following Case Study Scenario: Imagine that you are a tax attorney and consultant to Doctor’s Hospital, a for profit, physician owned hospital. You are scheduled to give a presentation to the board regarding the advantages related to converting the hospital to not-for-profit tax status.  What are your arguments? What are the board’s likely arguments to remain for-profit?