The IRS has very specific requirements for completing and filing both Form 1023 and Form 1023-EZ. Be sure to download and to read the Instructions to Form 1023 or the Instructions to Form 1023-EZ before filing.
Failure to abide by all the requirements can result in a delay of several weeks or months. For example, your Articles of Incorporation must contain specific IRS provisions, including, but not limited to, a purpose clause and a dissolution clause. The IRS will contact the applicant to obtain more information, if necessary.
Be sure to provide complete and correct information the first time. While this means doing more research initially, you will avoid lengthy delays in receiving your determination letter.
- 0 Benutzer fanden dies hilfreich
Verwandte Artikel
Using Form 1023 to File
If you file Form 1023, the average IRS processing time is 3-6 months. Processing times of 9 or 12...
Using Form 1023-EZ to File
If you file Form 1023-EZ, the average IRS processing time is 2-4 weeks. Applicants essentially...
Your Organization's Preparation
To avoid delays in obtaining 501(c) tax-exempt status fast, you simply should be prepared. Read...
Why file 501(c)(3) Status?
The IRS determination letter is official recognition of federal income tax exemption under...