Artwork

Content provided by Farella Braun + Martel LLP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Farella Braun + Martel LLP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.
Player FM - Aplicație Podcast
Treceți offline cu aplicația Player FM !

087: Expedited Review of IRS Applications for Recognition of Exempt Status

14:11
 
Distribuie
 

Manage episode 428969754 series 3558227
Content provided by Farella Braun + Martel LLP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Farella Braun + Martel LLP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Welcome to EO Radio Show - Your Nonprofit Legal Resource. In Episode 87, Cynthia Rowland covers the rules that apply to a new charitable organization that wants expedited review of its application for recognition of exempt status from the Internal Revenue Service.

The IRS expects to receive 135,000 to 140,000 determination requests in 2024, and most of those requests will take more than six months to be processed. In general, the IRS reviews applications in the order received. New organizations often need that determination letter in order to start fundraising, and six months or more is a serious damper on the ability to launch new entities.

This episode will cover the required procedures to follow if an organization wants the IRS to let it jump to the front of the line.

Show notes:

Expediting Exemption Application Processing: Where to Send Request

Addresses:

After an application has been filed, a written request for expedited processing must be sent to the following address:

Internal Revenue Service P.O. Box 2508 Room 6403 Cincinnati, OH 45201

Express mail or a delivery service written request for expedited processing must be sent to the following address:

Internal Revenue Service 550 Main Street Room 6403 Cincinnati, OH 45202

You may fax your request to 855-204-6184.

Instructions for Form 1023 EZ

Farella YouTube nonprofit state filings playlist

Farella YouTube nonprofit governance playlist

If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com. Additional episodes can be found at EORadioShowByFarella.com.

DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.

  continue reading

102 episoade

Artwork
iconDistribuie
 
Manage episode 428969754 series 3558227
Content provided by Farella Braun + Martel LLP. All podcast content including episodes, graphics, and podcast descriptions are uploaded and provided directly by Farella Braun + Martel LLP or their podcast platform partner. If you believe someone is using your copyrighted work without your permission, you can follow the process outlined here https://ro.player.fm/legal.

Welcome to EO Radio Show - Your Nonprofit Legal Resource. In Episode 87, Cynthia Rowland covers the rules that apply to a new charitable organization that wants expedited review of its application for recognition of exempt status from the Internal Revenue Service.

The IRS expects to receive 135,000 to 140,000 determination requests in 2024, and most of those requests will take more than six months to be processed. In general, the IRS reviews applications in the order received. New organizations often need that determination letter in order to start fundraising, and six months or more is a serious damper on the ability to launch new entities.

This episode will cover the required procedures to follow if an organization wants the IRS to let it jump to the front of the line.

Show notes:

Expediting Exemption Application Processing: Where to Send Request

Addresses:

After an application has been filed, a written request for expedited processing must be sent to the following address:

Internal Revenue Service P.O. Box 2508 Room 6403 Cincinnati, OH 45201

Express mail or a delivery service written request for expedited processing must be sent to the following address:

Internal Revenue Service 550 Main Street Room 6403 Cincinnati, OH 45202

You may fax your request to 855-204-6184.

Instructions for Form 1023 EZ

Farella YouTube nonprofit state filings playlist

Farella YouTube nonprofit governance playlist

If you have suggestions for topics you would like us to discuss, please email us at eoradioshow@fbm.com. Additional episodes can be found at EORadioShowByFarella.com.

DISCLAIMER: This podcast is for general informational purposes only. It is not intended to be, nor should it be interpreted as, legal advice or opinion.

  continue reading

102 episoade

Toate episoadele

×
 
Loading …

Bun venit la Player FM!

Player FM scanează web-ul pentru podcast-uri de înaltă calitate pentru a vă putea bucura acum. Este cea mai bună aplicație pentru podcast și funcționează pe Android, iPhone și pe web. Înscrieți-vă pentru a sincroniza abonamentele pe toate dispozitivele.

 

Ghid rapid de referință