Just in case you needed that additional nudge, the IRS has announced that it will be increasing the application fee for nonprofits filing for tax-exempt status. For applications post-marked after January 3rd, 2010, the fees will be:
- $400 for organizations whose gross receipts are $10,000 or less annually over a 4-year period
- $850 for organizations whose gross receipts exceed $10,000 annually over a 4-year period
Also, during 2010, the IRS plans on launching an internet based service, called Cyber Assistant, to help nonprofits with their applications. Once that service is in effect, rates will change again as follows:
- $200 for organizations using Cyber Assistant (regardless of size) to prepare their Form 1023
- $850 for all other organizations not using Cyber Assistant (regardless of size) to prepare their Form 1023
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