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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