Federal Tax Exempt Status Information

Are you applying for Federal Tax Exempt Status with the IRS? If you intend to apply for IRS federal tax exemption as a charitable organization, your Articles of Incorporation must contain a required purpose clause and dissolution of assets provision. Valuable information on 501(c)(3) qualification is on the IRS website, www.irs.gov. It includes sample Articles of Incorporation.

Annual Electronic Filing Requirement for Small Exempt Organizations — Form 990-N (e-Postcard) Beginning in 2008, small tax-exempt organizations that previously were not required to file returns risk losing their tax-exempt status if they do not file an annual electronic notice (e-Postcard).