The IRS reminds people seeking tax-exempt status to use the current version of application forms to avoid processing delays.
The current version of Form 1023, Application for Recognition of Exemption Under Section 501(c)(3), is dated December 2017, and Form 1024, Application for Recognition of Exemption Under Section 501(a), is dated January 2018.
If you use a prior version of one of these forms, the IRS will return your application and ask you to resubmit using the current version of the form, possibly causing significant delays.
User fees: Revenue Procedure 2018-5 announces the following user fees:
|Application Type||User Fee|
|Group exemption letter||$2,000|
Please submit Form 8718, User Fee for Exempt Organization Determination Letter Request, with group exemption letter requests and exemption applications, other than those filed on Forms 1023 and 1023-EZ.
The IRS announces user fees annually in updates to Rev. Proc. 2018-5 and posts them to IRS.gov.
If you have any questions or would like to know more, please contact Bruce R. Seglund at firstname.lastname@example.org.
Seglund Gabe Pawlak & Groth, PLC
28345 Beck Road
Wixom, MI 48393
Phone: (248) 869-0030
Fax: (248) 869-0039
***The information provided in this article is for informational purposes only and is not legal advice.