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Non for Profit Organizations

We provide professional assistance and consulting services to those interested in gaining "Tax Exempt Status" under the Internal Revenue Code.

The tax code list more than twenty types of organizations eligible and can qualify for exemption under Section 501of the Internal Revenue Code. The list include several types of corporations, churches, ministries, community service organizations, schools, senior homes, foundations, booster clubs, veterans organizations, daycare centers, shelters, associations, and many others.

The benefits of gaining "Exempt Status" include:

  • Exemption from paying Federal Income Tax
  • Exemption from paying Sales tax on purchase of goods & Services
  • Exemption from paying property taxes on certain assets used by the organization
  • Donations and supports received from the public up to certain amounts become deductible from donors' tax liability
  • Qualify the organization to receive certain federal and state financial support
  • Qualify the organization to participate in certain federal and state programs (housing, purchase of assets, etc.) available to exempt organizations only
  • Qualifying for lower postal rates

The majority of organizations gains the exempt status under Section 501(c)(3); being the section applicable to charitable and religious organizations.  Such (501(c)(3) organizations can further receive certain benefits from food banks and such.

Our services include the preparation of the required applications and support documents, communicate with the IRS in your behalf and answer inquiries, and assist you throughout the process of gaining the exempt status. Please view the list of filing requirements and feel free to call our office should you have any questions. Our services can also support you in keeping records and filing taxes for your non-for-profit organization. 

 

Search the IRS records on Exempt Organization

 

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Last modified: February 19, 2007