Form 1023-EZ Fee Change

Posted on Wednesday, October 19, 2016

Most organizations with gross receipts of $50,000 or less and assets of $250,000 or less are eligible to apply for tax-exempt status by filing Form 1023-EZ, Streamlined Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code.  The EZ form is significantly shorter than Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code and must be filed electronically on Pay.gov.  The filing fee for Form 1023-EZ is currently, and has been since it was introduced in the summer of 2014, $400; however, effective July 1, 2016, the filing fee has been reduced to $275.

To find out more about Form 1023-EZ see our previous blog, Form 1023-EZ.

Posted by: Carrie Minnich, CPA

Posted in Mission Minded Nonprofits

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