Louis E. Michelson, A Professional Corporation

Providing Legal and Tax Advisory Services to Nonprofit Organizations

New Form 1023: Federal Exemption Application and Its New Electronic Filing

August 4th, 2020 · No Comments · Electronic filing, Form 1023, tax exemption

Charitable nonprofit organizations need to obtain recognition of their tax-exempt status from the Internal Revenue Service. The IRS recently revised Form 1023, the federal exemption application, and the IRS now requires that this form to be filed electronically through pay.gov. One needs to know what is required to complete Form 1023 and how to submit it electronically. Nonprofit directors, trustees and officers and their tax advisors need to successfully navigate this critical submission.

The webinar below addresses the following topics:

● An overview of the electronic filing and the new Form

● Practical suggestions for gathering information needed for completing this form.

● How to craft responses that address the questions posed on Form 1023.

● It introduces selected questions on the new Form 1023.

 ● How to locate guidance on substantive questions.

● Resources to resolve technical obstacles that might arise in preparing and filing Form 1023.

See the pdf of powerpoint on this topic at the following link.

Tags:

No Comments so far ↓

Like gas stations in rural Texas after 10 pm, comments are closed.