Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

Entries Tagged as 'Form 1023'

How to Rescue a Troubled Nonprofit – Federal Income Tax Considerations

February 8th, 2017 · Comments Off on How to Rescue a Troubled Nonprofit – Federal Income Tax Considerations · Federal Income Taxes, Form 1023, Form 1023-EZ, Loss of Tax-Exempt Staus, Rev. Proc. 2014-11

Did your nonprofit organization lose its tax-exempt status? Are you considering reinstating the exemption for federal income tax purposes? What issues should you be thinking about? The webinar below addresses the following topics: ● How loss of exemption occurs ● How to reinstate exemption ● Federal Reinstatement: critical dates ● 4 possible routes to reinstate […]

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Obtaining Recognition of Tax-Exempt Status

October 22nd, 2015 · Comments Off on Obtaining Recognition of Tax-Exempt Status · Form 1023, Process for Obtaining Recognition of Tax Exemption, State Exemption, Streamlined Application, tax exemption

Nonprofit organizations are not automatically recognized as tax-exempt.  This raises all sorts of questions:  What types of tax-exemption are there?  Do charitable organizations, tax-exempt under IRC 501(c)(3) need to abide by certain rules or criteria?   Are there different criteria for other tax-exempt organizations?  How does a nonprofit apply for recognition of tax-exemption from federal income […]

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