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IRS Solicits Comments Concerning Form 1023

Wednesday, June 30, 2004 - 1:45AM

The Internal Revenue Service (IRS) today published a notice soliciting comments concerning Form 1023, Application for Recognition of Exemption Under Section 501(c)(3) of the Internal Revenue Code. The IRS says Form 1023 is being redesigned to reduce taxpayer burden by ensuring that all information needed to make an accurate determination is available to the IRS when the application is filed, and by improving the taxpayer’s understanding of the requirements for receiving tax-exempt status under section 501(c)(3). Click here for details.

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