Posts Tagged: 1023-EZ

REJECTED! IRS Derails Hundreds of Forms 1023-EZ

September 24, 2014 Posted by Jessica Shofler in IRS, News, Nonprofits

Late last week the IRS announced that hundreds of streamlined applications for recognition of exemption (Forms 1023-EZ) were rejected. Most were rejected because of the same mistake: the applicant’s name and employer identification number (EIN) on the form did not match IRS records. This mismatch results in automatic rejection of an application. In order to …

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Can Donors Trust 1023-EZ?

August 1, 2014 Posted by Jessica Shofler in Donations, IRS, News, Nonprofits

Donors rely on 501(c)(3) to indicate that an organization is carrying out charitable activities. But since the IRS released the streamlined exemption application (Form 1023-EZ), should they still do so? The National Taxpayer Advocate (TAS) is an independent organization within the IRS that helps taxpayers who are having trouble resolving problems with the IRS. On …

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IRS Releases Short Form Exemption Application – Form 1023-EZ

July 11, 2014 Posted by Jessica Shofler in IRS, News, Nonprofits

The IRS has forged ahead in the face of opposition from charity regulators and several nonprofit associations and introduced a short form exemption “application.” To be eligible to use the form, an organization must be able to answer “No” to each of 26 yes or no questions, including the following 3: Do you project that …

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