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New IRS Form 1023-EZ is Here

File501c3 is offering a limited price special of $349 to prepare IRS Form 1023-EZ

  • IRS Form 1023-EZ if faster and filed on-line.
  • IRS Form 1023-EZ filing fee is $400 for organization with revenue less than $50K/yr.
  • If eligible, we can file the IRS Form 1023-EZ for limited time price special of $349. 

Click here for more information on IRS Form 1023-EZ and to schedule an appointment.

IRS Automatic Revocation of 501c3 Status:

As of June 9th, 2011 the IRS has automatically revoked 501c3 status for all organization that failed to file a tax return for 3 or more consecutive years. If you got a letter from the IRS about your 501c3 revocation, we can help you.

  • File501c3 can help you regain your 501c3, 501c4 and other status.
  • Call us today to setup 30min consultation.

IRS Fee Increase for 501c3 Application in 2010:

The IRS will be raising fees for all 501c3 application, effective January 3, 2010.

  • Total Revenue is greater than $10K/year over the next 3yrs, application fee will increase from $750 to $850.
  • Total Revenue is less than $10K/year over the next 3yrs, application fee will increase from $300 to $400.

New Tax Laws for 2009

We keep you informed of the most important changes:

The American Recovery and Reinvestment Act of 2009, signed into law on Feb. 17, 2009 allows qualifying small business to choose a net operating loss (NOL) carryback period for certain losses of three to five years, instead of the usual two-year period. Selecting the right carryback period ensures tax benefits for the business, taking into account the carryback itself and its tax picture for the current and previous years.

Disclosure and Use of Taxpayer Information — New IRS regulations provide taxpayers with greater control over their personal tax return information. The Internal Revenue Code, Section 7216, Disclosure or Use of Tax Information by Preparers of Returns, became effective January 1, 2009. These regulations limit tax return preparers' use and disclosure of information obtained during the return preparation process.

Anti-abuse rules — Act Sec. 1211(c) gives IRS the authority to issue rules which are necessary to prevent the abuse of the purposes of Act Sec. 1211, including anti-stuffing rules, anti-churning rules (including rules relating to sale-leasebacks), and rules similar to the regulations under Code Sec. 1091 relating to losses from wash sales.

Please schedule an appointment to learn more about important changes in tax law.

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