The ABA Tax Section offers a teleconference and webcast today on Dealing With the New IRS Form 1023 (Application for Section 501(c)(3) Charitable Status) — Tips and Traps as part of its "Last Wednesday" CLE series from 1:00–2:30 pm EST:
An organization seeking qualification as a tax exempt charity under IRC section 501(c)(3) must complete and submit to the IRS an Application for Recognition of Exemption (IRS Form 1023.) The IRS recently substantially revised the application. Effective May 2005, all applicants must use the revised version. The new Form 1023 consists of 26 pages of questions and requires a broad range of detailed information. Many experienced practitioners have encountered difficult issues in attempting to complete the new application. The purpose of this program is to identify and provide insight regarding key issues in completing the new application. The program will also provide useful guidance on avoiding traps for the unwary and how to complete the application in a manner that may avoid unnecessary delays in processing for a qualified organization.
Faculty:
- Michael A. Clark, Sidley Austin Brown & Wood, Chicago, IL (moderator)
- Eve R. Borenstein, Borenstein & McVeigh Law Office, Minneapolis, MN
- Kristen M. Gurdin, Davis Wright Tremaine, Portland, OR
- Peggy L. Combs, EO Determinations Group Manager and Customer Satisfaction Improvement Team Leader, IRS, Cincinnati, OH
