IRS Creates New 501(c)(3) Streamlined Application for Tax Exemption

by | Jul 6, 2014 | Applications for Exemption | 0 comments

Effective July 1, 2014, the IRS adopted Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code.  For organizations that are eligible to use the new Form 1023-EZ can complete a 2 page online application form, pay a $275 filing fee and obtain an IRS determination letter that the organization is a tax-exempt 501(c)(3) organization within two to four weeks.  To learn more about this new application process, the Form 1023EZ, the eligibility requirements and potential negative consequences of using the streamlined form instead of the lengthy and more complex IRS Form 1023, read my article called “IRS Form 1023-EZ.”  For the complete list of disqualifications see the “IRS Form 1023-EZ Eligibility Worksheet.”

Written By Richard Keyt

About the Author

Richard Keyt, JD, is a seasoned attorney with over 30 years of experience in nonprofit law. As a founding partner of KEYTLaw, LLC, Richard is passionate about helping individuals and organizations establish successful nonprofit entities in Arizona. His expertise and commitment to client success have made him a trusted advisor in the field.

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