Discover the process of how nonprofits file taxes. Get insights on filing deadlines and consequences of missing them. Stay ...

Form 990 must be filed by an exempt organization, even if it has not yet filed Form 1023 with the IRS to receive official approval of its tax-exempt status. However, there are certain ...

Currently, IRS processing time for a Form 1023 is both a guessing and waiting game. The IRS standard “receipt acknowledged” letter states that if the Form 1023 “can be processed based on ...

and that has not previously had its tax-exempt status automatically revoked may apply for reinstatement by submitting Form 1023 or 1024 within 15 months of the revocation letter with the ...