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IRS Seeks Comments on Draft Form 1023

Monday, November 11, 2002 - 1:45AM

The Internal Revenue Service is seeking comments from exempt organizations, practitioners, state regulators, vendors and others on the recently published draft Form 1023, the application for organizations seeking recognition of exemption under Section 501(c)(3) of the Internal Revenue Code. In order to be recognized as exempt under §501, the law requires that most organizations submit an application with a detailed statement of their proposed activities sufficient to establish that they qualify for exemption. Interested parties should submit comments by December 2, 2002, to: Internal Revenue Service, 1111 Constitution Avenue, N.W., Washington, D.C. 20224, Attn: Amy Henchey — Form 1023; or via e-mail to: [email protected].

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