Once you have your nonprofit corporate entity formed, it is time to apply for tax-exempt status.  The tax exemption application must be filed within 27 months from the end of the month in which it was formed.  There are exceptions to this rule, but generally, you must file your application timely for the entity to be recognized as tax-exempt starting on the date of formation.

The tax-exemption application must be submitted electronically to the IRS. The type of application used depends upon the type of tax-exempt status sought by the applicant.  The attorneys at Waldron & Schneider can help you determine which application to file (Form 1023 or one of several versions of Form 1024) and whether you qualify for a shorter “EZ” form of Form 1023. 

The application must be answered thoroughly, responses must be provided in a specific format, and all required attachments must be included to give your application the best chance of being approved on the first try.     

The experienced nonprofit attorneys at Waldron & Schneider can help you complete the application, submit it electronically, and respond to any requests from the IRS for additional information. 

If you submitted an application on your own and it was not accepted, our attorneys can help you identify possible issues then prepare and submit a response.         

Please call to schedule an appointment with one of the attorneys at Waldron & Schneider to regarding your tax exemption application today.

In the next part of this series, we will discuss maintenance of a nonprofit entity.

The legal information in this blog entry is not intended to be a substitute for seeking personalized legal advice from an attorney licensed to practice in your jurisdiction. Further, nothing contained in this article is intended to create an attorney-client relationship with any reader. This article and website are made available by Waldron & Schneider for educational purposes only and to give basic information and a general understanding of the law, not to provide specific legal advice. By using this website you understand that there is no attorney client relationship between you and Waldron & Schneider. The article and website should not be used as a substitute for competent legal advice from a licensed professional attorney in your state. For more information or questions you can contact us and one of our attorneys will be in touch soon.