Tax-exempt status and nonprofit incorporation bring essential benefits from the Internal Revenue Service and others including:
GRANTS: Most grants are limited to nonprofit organizations that are 501(c)(3) and have achieved tax-exempt status from the IRS.
TAX-DEDUCTIONS FOR DONORS & TAX-EXEMPTION FOR YOU: Offer your donors a tax break for their gifts. With the tax deductions tax-exemption brings, donors can afford to give up to 50% more to your group. Of course, the obvious benefit of tax-exemption is that your organization will never have to pay taxes on its funds.
CREDIBILITY: Tax-exempt status from the IRS provides immediate evidence to donors that your nonprofit is authentic, credible, and accountable.
There are also many other benefits of nonprofit tax-exemption and incorporation, including protection from many forms of liability.
After obtaining the exemption, we help ensure that the entity maintains it’s exemption in the normal course of activities.
We will take you through the complex IRS forms, the application 501(c)(3) process, using time-tested formulas, and provide you with a complete package of all other required documents.
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