Great news for Small Non-profits – the Federal Government is making it easier, more cost-effectively and potentially quicker to gain 501(c)(3) Exemption.
The IRS just came out with its IRS 1023-EZ form, you can see the instructions by going to the follow link
Some of the highlights:
1. Only 501(c)3s are eligible.
If you are looking for tax exemption under any other provision of the IRC you need to still complete out the full application.
2. LLCs are not eligible.
Although LLCs can gain tax exempt status, LLCs cannot use this new application.
3. User Fee is only $400 and application is completely online.
This is less than half of the full application cost ($850), put it must be paid when you file online.
Questions? Comments?
Email: Jeshua@dwlawpc.com
Purpose Driven General Counsel 
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