Experienced Cleveland Attorneys Assist Nonprofits Through IRS Applications
Representing nonprofits in Chagrin Falls and throughout Ohio
The formation of a nonprofit organization involves numerous steps. One of the most challenging tasks involves the process of securing tax-exempt status from the federal government. IRS applications can be challenging to understand and difficult to complete without assistance from an experienced Chagrin Falls nonprofit attorney. At Gertsburg Law, our clients receive reliable assistance with the completion of IRS applications. Our attorneys have helped numerous nonprofits gain their federal tax-exempt status. Let us do the same for your organization.
Understanding the application process
The state’s recognition of your nonprofit organization is only half of the formation process. Securing tax exemption on the federal level requires filing with the IRS. The first step is determining whether your organization falls under the classification of a potentially exempt organization. Some examples of exempt non-profit groups include:
- Charitable organizations
- Social welfare organizations
- Labor organizations
- Trade associations
- Fraternal societies
The next two steps involve applying for an Employer Identification Number and applying for exemption recognition. The form required to obtain exemption includes numerous questions about your organization’s operations and financial circumstances. The IRS will not review incomplete applications, so it is extremely important to accurately complete these forms. The knowledgeable Cleveland nonprofit attorneys of Gertsburg Law assist with the completion of this essential task.
Helping clients secure IRS tax exemptions
Depending on your organization type, the IRS specifies other forms that must be submitted for tax exempt status. The agency provides some direction for choosing the right form, but it is best to secure counsel from experienced nonprofit attorneys to ensure that no mistakes are made. While the IRS states that all applications are processed in a timely manner, one mistake can result in major delays. As listed on the IRS website, some of most common errors include:
- Missing information about members and directors. The application requires names, addresses, titles, and compensation amounts.
- Missing signatures. The application may require signatures by numerous parties.
- Failure to include necessary financial data. The application requests various financial forms and statements.
- Failure to include all required schedules. Some questions on the application form require schedule attachments.
- Failure to support the exemption request. The application requires information about the organization’s activities and how they will achieve the purpose and mission of your nonprofit. The IRS agent must believe that your organization will achieve its exempt purpose.
Any of these errors can lead you to the postponement or rejection of your tax-exempt application. A skilled Cleveland nonprofit lawyer works with clients to help ensure that all applications are completed accurately before submission to the IRS.
Trust your nonprofit IRS application to a reliable Chagrin Falls law firm
The attorneys of Gertsburg Law possess years of nonprofit law experience. We appreciate your commitment to our community, and we work hard to ensure that each of our nonprofit clients receives quality representation. Our team proudly serves numerous nonprofits within the Cleveland and Chagrin Falls areas. Contact our office today at 440-683-6383 or complete our contact form to schedule a consultation.