Thursday, September 5, 2013

IRS opens comment period on new 1023 application

On September 4, 2013, the United States Internal Revenue Service released its new online interactive version of the nonprofit application, form 1023 for public comment.  The comment period will be open until September 20, 2013.  You can access the form here. This version cannot be printed or submitted. Even when the new form is deemed ready for prime time, you will still have submit the application as a paper copy. According to the IRS, the new form will offer links to relevant forms and explanatory information within the body of the application. Supposedly, at some point the application will transition to a fully online format, but there is no timeline given for when that might occur.

The website also states that the IRS has updated two of its educational courses, "Applying for 501(c)(3) Status"and "Maintaining Tax-Exempt Status", available via a link on the home page of the same website

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