Effective July 1, 2016, the Internal Revenue Service lowered the application fee for organizations with annual gross receipts of $50,000 or less or assets of $250,000 or less to apply for 501(c)(3) tax exempt status. The application fee is being lowered from $400 to $275. Organizations who meet income and asset requirements may use Form 1023EZ, to apply for 501(c)(3) tax exempt status. The $275 fee may be submitted through www.pay.gov. The IRS introduced Form 1023EZ in 2014 to streamline the process for small organizations to apply for tax-exempt status under Section 501(c)3 of the Tax Code.
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