The IRS is encouraging taxpayers to check their withholdings due to changes in the tax law for 2018. Taxpayers can use the IRS Withholding Calculator to see if adjustments need to be made to correct over or under withholding for the 2018 tax year.
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Daily Archives September 23, 2018
Tips for Charitable Organizations Applying for Tax-Exempt Status
The IRS published Tax Tip 2018-138 with information for charitable organizations applying for tax exempt status. Charitable organizations should apply for tax-exempt status from the IRS. In order to apply, a determination must be made as to its type: trust, corporation or association. Once the determination has been made, there are three additional steps: 1. Gather organization documents: Each application for exemption except Form 1023-EZ must be accompanied by an exact copy of the organization’s organizing document. This is generally one of these: Articles of incorporation for a corporation Articles of organization for a limited liability company Articles of association or constitution for
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