Navigating the IRS Tax Exempt Determination Process
What does it take for a nonprofit to be granted tax-exempt status by the IRS? You will first need to complete IRS Form 1023, detailing your organization’s bylaws, articles of incorporation, policies and procedures, a financial statement, officers, and compensation, if any: http://www.irs.gov/pub/irs-pdf/f1023.pdf For applicants not well-versed in completing Form 1023, the IRS […]