Monday, March 17, 2008

Non-profit Status

I've always felt that the IRS was one agency to be feared. They are, after all, the only ones who could bring Al Capone down. My perception of the IRS was that it was generally a good idea to stay under their radar.

I am, however, singing a new tune. I have discovered how much I actually like working with the IRS.
I found out yesterday that the 501(c)(3) status I filed for Andre's bagpipe band went through and they now have federal tax exemption. This was my first 501(c)(3), so I'm quite happy about it. I've incorporated non-profits before with the State, but this is my first time completing the federal IRS tax exemption paperwork. I say "paperwork" but it is actually a series of specific documents, forms, and attachments.

Hopefully I will have the opportunity to incorporate and file exemptions for other nonprofits in the future. So if anyone knows someone wanting to start a nonprofit then send them my way.

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