How do I apply for tax-exempt status?

How do I apply for tax-exempt status?

To apply for tax-exempt status, you need to fill out IRS Form 1023 or Form 1023-EZ, depending on your organization.

What documents do I need to submit with the application?

You'll need to provide your organization's articles of incorporation, bylaws, and a detailed description of your activities.

How long does the application process take?

The processing time can vary, but it typically takes about 3 to 6 months for the IRS to review your application.

Is there a fee for applying?

Yes, there is a fee. For Form 1023, the fee is $600, while Form 1023-EZ has a reduced fee of $275.

What happens if my application is denied?

If denied, you can appeal the decision or reapply after addressing the issues that led to the denial.