Updated Form 1023 and Form 1023-EZ

Form 1023 The IRS has released an updated Form 1023, revised December 2017. Form; Instructions. For organizations submitting the full Form 1023, the user fee is now $600. The instructions indicate that organizations should refer to Rev. Proc. 2017-5, 2017-1 I.R.B. 230, or a later revision for updates to user fees, which are revised in […]

Form 1023-EZ Approvals Now Available to the Public

On February 22, 2017, the IRS announced that publicly available information from approved Form 1023-EZ tax-exemption applications is now available electronically for the first time. The data on IRS.gov is available in spreadsheet format and includes information for approved applications beginning in mid-2014, when the 1023-EZ form was introduced, through 2016. The information will be updated quarterly, starting […]

Starting a Nonprofit: Form 1023 or Form 1023-EZ?

Most new charitable nonprofits other than churches will seek 501(c)(3) recognition from the IRS. Since July 2014, qualifying nonprofits have been able to apply for recognition of 501(c)(3) tax-exempt status using either Form 1023 or the much simpler Form 1023-EZ. While Form 1023-EZ has since become the more popular application form, it may not always be the […]

Form 1023-EZ Streamlined 501(c)(3) Exemption Application

On July 1, 2014, the IRS released Form 1023-EZ, a short form online application for small organizations seeking a determination of tax-exempt status under IRC 501(c)(3). For organizations with actual and projected annual gross receipts of $50,000 or less, the new Form will serve to minimize the complexity of applying for exemption. And perhaps more important to the IRS, it […]

Proposed Form 1023-EZ

The IRS recently proposed Form 1023-EZ, a simplified version of Form 1023 for recognition of federal exemption under 501(c)(3) of the Internal Revenue Code. The new form converts Form 1023’s 25-pages into merely 3, creating a less burdensome exemption process for certain qualifying organizations. The goal of the streamlined application is to help small charities […]

IRS TE/GE FY 2017 Accomplishments and IRS FY 2017 Data Book

In connection with the release of the IRS Tax Exempt and Government Entities FY 2018 Work Plan (which we wrote about here), the IRS promised to release the complete FY 2017 (Oct. 1, 2016, to Sept. 30, 2017) accomplishments when final results became available. The Tax Exempt and Government Entities FY 2017 Accomplishments was released on March […]

2017 Western Conference on Tax Exempt Organizations (WCTEO)

The Western Conference on Tax-Exempt Organizations (WCTEO), my #1 go-to conference every year for the past 12 years, will be held at the historic Millennium Biltmore Hotel in Los Angeles on Thursday, November 30, and Friday, December 1. NEO Law Group is proud to be a first-time Gold Sponsor of the WCTEO. With a schedule […]

Nonprofit Tweets of the Week – 10/13/17

Catch up with the week’s notable events and shared resources with Nonprofit Tweets of the Week. Notable Events of the Week: Wild fires in Northern California have consumed more than 91,000 acres in Napa and Sonoma and have yet to be even minimally contained. NY Times President Trump in his criticism of Puerto Rico said “We […]

IRS Work Plan FY 2018 (and Draft Form 1024-A)

On September 28, 2017, the IRS released its Tax Exempt and Government Entities FY 2018 Work Plan. Below are some excerpts from the Commissioners about the IRS Work Plan for the division generally in charge of nonprofit tax compliance and some highlights from the Plan: We enter Fiscal Year 2018 as a more cohesive and efficient […]