Not For Profit/Exempt Organizations Blog

Tag Archives: Form 1023

IRS Rules on Domesticated Organization and Tax-Exempt Status

Late last year, the Internal Revenue Service (“IRS”) issued a letter ruling, PLR 201446025, providing that, in certain instances, a nonprofit corporation exempt under Section 501(c)(3) of the Internal Revenue Code of 1986, as amended, and incorporated in State A was not required to file a new application for tax-exempt status (IRS Form 1023) when … Continue Reading

IRS Advisory Committee on Tax Exempt and Government Entities Recommends Significant Changes

Last week, the IRS Advisory Committee on Tax Exempt and Government Entities (“ACT”) held a public meeting at which the panel submitted its latest round of recommendations to senior IRS executives.  At the meeting, the ACT’s Exempt Organizations project team presented a report containing several recommendations intended to improve the application process for organizations seeking … Continue Reading

Applying for Tax Exemption? Toy with the IRS at Your Peril

The Tax Court recently delivered some sound advice - do not play "cat and mouse" with the IRS. In Ohio Disability Association v. Commissioner, a Tax Court Memo filed November 12, 2009, the Tax Court rejected the petitioner's request for a declaratory judgment that it qualified as a public charity. The court's rejection was based on its inability to conclude that the organization would operate exclusively for exempt purposes. … Continue Reading
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