Packey Law Corporation Can Assist Taxpayers with IRS Non Profit Application

The topic of IRS Form 1023, Applications for Non Profit Status, under section 501(c)(3) of the Internal Revenue Code, has recently been dominating the news.  The completion of this form or application is one of the first steps in forming a non profit business.  The filing fee for this form can range from $300.00 to $750.00.  In addition to the form, ofter statements and supporting documents are also required.  Ofter after submitting the form the IRS will ask additional questions or require additional supporting documents. A taxpayer must be prepared to fully explain all questions on the IRS Form 1023.