The IRS is considering offering a shorter application form to apply for tax exempt status. The current form, Form 1023, is 25 pages long and the IRS estimates it can take up to 101 hours to complete. They are proposing a 1023-EZ which would be only 2 pages long and take only 14 hours to complete!
Now that’s a step in the right direction! Atta boy, IRS!
If you have filled out the lengthy Form 1023, or had me prepare it for you, I think you should give the IRS your opinion on a shorter version.
Offer your comments via an email to these emails: OIRA_Submission@OMB.EOP.gov and PRA@treasury.gov
The comments are open until April 30, 2014.
I’ve looked at it and so far, I’m all for it! A From 1023-EZ would greatly reduce the burden on almost 90% of the homeschool organizations that I help.
(Feel free to copy some of my comments if they apply to your opinion. Please include a personal example how how long the Form 1023 took you to prepare.)
A simpler form would save you time, money and frustration. It would mean you could get back to what you want to do: run your homeschool co-op and not fill out IRS forms!
Carol Topp, CPA