There are several ways to get the
help you need. Here are some on-line businesses that offer
501c3 tax exemption filing.
Provider/Web
site
|
501c3
Application
|
State
Incorporation
|
By
Laws |
www. 501c3.org
|
$1200 |
included |
N/A |
www.tax-exempt-status.com |
$1945 |
included |
included |
www.t-tlaw.com |
$1295 |
included |
included |
HomeschoolCPA.com |
$500 |
$150 |
included |
Getting tax-exempt status is only the beginning. Unless your
organization has annual revenue less than $25,000, you must file the
IRS Form 990 every year. None of the providers (except
HomeschoolCPA.com) offers to assist your organization with the Annual
IRS Reporting (Form 990 or Form 990EZ). Don't use a service that won't
be there to help you out in the future. Only HomeschoolCPA will help
you in filing the annual reports after you have received your tax
exempt status.
Are you
asking, "Why is HomeschoolCPA so much cheaper than the others?"
I am a sole proprietor working from my home office so I do
not have staff to pay or an office to maintain. Also I am a
homeschooling mother like most of you and work at accounting part time since I
still have children at home. Since I work part time, I
may not be as fast as some of the other full-time providers of 501c3
filings. If you need the job done fast, contact one of the firms listed
above. You will pay more for speed, but the service will be less personal than
HomeschoolCPA.
Are you saying, "Your
prices are reasonable, but we're a small organization and can't afford
professional advice?"
You can do much of the paperwork yourself; many small not-for-profit
organizations do. But you should have some basic guidance and advice
from a tax advisor who understands nonprofit matters. For example, it's
very important that you characterize your organization correctly when
filing for incorporation with your state or for tax-exemption with the
IRS. An advisor knowledgeable in nonprofits can help you a great deal.
Read all you can starting with this website and its
links. Consider using my
pre-arranged telephone consultation
service or my "
Buying Peace of Mind"
Review service.