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How to Apply for Federal Tax Exempt Status for Your Nonprofit

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Boss on a Budget - Build a Strong Nonprofit

Learn how to apply for federal taxexempt status for your nonprofit. To become a 501c3 organization after you incorporate your nonprofit, you will need to visit the IRS website and learn all of the requirements for applying for taxexempt status. In this video, I provide an overview of the application process, paying special attention to what you need to know BEFORE you apply.

At the end of the video, I walk through the two forms you use to apply: 1023EZ and 1023. Before you apply, make sure you consult an attorney and/or an accountant for assistance.

In the video I share the language that the IRS wants to see in your organizing document which can be found here: https://www.irs.gov/charitiesnonpro...

I also talk about the public support test, which is discussed here:
Pubic support test:
https://www.irs.gov/charitiesnonpro...
AND here (really clear explanation!): https://www.501c3.org/understandingt...

Looking for the application forms to become taxexempt? Go here for the 1023 form: https://www.irs.gov/formspubs/about...
and here for the 1023 EZ: https://www.irs.gov/formspubs/about...

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To set up your nonprofit, download my free startup checklist: https://rebrand.ly/npchecklist
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For stepbystep guidance on starting a nonprofit, check out my nonprofit startup workbook:
https://rebrand.ly/npstartupworkbook
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★☆★ Subscribe to my Channel: ★☆★
https://bit.ly/38xUFru

★☆★ VISIT MY WEBSITE ★☆★
https://www.bossonabudget.com

★☆★ VISIT MY GRANT WRITING SUPPORT GROUP ON FACEBOOK ★☆★
  / grantwritingsupport  

★☆★ READ MY BLOG ★☆★
https://www.bossonabudget.com/blog1

★☆★ FREE RESOURCES FOR YOUR NONPROFIT ★☆★
https://www.bossonabudget.com/freeres...

posted by ajuasdy