IRS Form 1023 Tax Preparation Guide

Preface.
Chapter 1. Form 1023: Exemption under IRC§501(3).
1.1 Before You Begin.
1.2 Suitability Test.
1.3 Statutory Requirements for Exemption.
1.4 Proper Timing.
1.5 Expeditious Handling.
1.6 National Office.
1.7 Organizations That Need Not File.
1.8 Group Exemptions.
1.9 Where to Send Application.
1.10 Public Inspection.
Chapter 2. Line-by-Line Suggestions for Completing Form1023.
2.1 Part I--Identification of Applicant.
2.2 Part II--Organizational Structure.
2.3 Part III--Information about the Required Provisions inYour Organizing Document.
2.4 Part IV--Narrative Description of Your Activities.
2.5 Part V--Compensation and Other Financial Arrangementswith Your Officers, Directors, Trustees, Employees, and IndependentContractors.
2.6 Part VI--Your Members and Other Individuals andOrganizations that Receive Benefits from You.
2.7 Part VII--Your History.
2.8 Part VIII--Your Specific Activities.
2.9 Part IX--Financial Data.
2.10--Public Charity Status.
2.11 Part XI--User Fee Information.
Chapter 3. The Schedules.
3.1 Schedule A--Churches.
3.2 Schedule B--Schools, Colleges, and Universities.
3.3 Schedule C--Hospitals and Medical ResearchOrganizations.
3.4 Schedule D--IRC §509(a)(3) SupportingOrganizations.
3.5 Schedule E--Organizations Not Filing Form 1023.
3.6 Schedule F--Homes for the Elderly or Handicapped andLow Income Housing.
3.7 Schedule G--Successors to Other Organizations.
3.8 Schedule H--Organizations Providing Scholarships,Fellowships, Educational Loans, or other Educational Grants, andthe Like to Individuals.
Chapter 4. Getting a Positive IRS Determination.
4.1 Application Processing System.
4.2 Best Case Scenario.
4.3 When Questions Are Asked.
4.4 Disputed Cases.
4.5 Declaratory Judgment.
Chapter 5. Advances versus Definitive Rulings.
5.1 Definitive Ruling.
5.2 Advanced Ruling.
5.3 Reporting Back to the IRS.
5.4 Failure to Meet Support Tests at End Advance RulingPeriod.
5.5 Failure to Subsequently Meet Support Test.
5.6 Changes of Public Charity Status.
Chapter 6. Reliance on Determination Letter.
6.1 Checking Current Status.
6.2 Names Missing from Publication.
6.3 Contact the IRS.
Chapter 7. State Tax Exemptions.
Appendix A: Suitability Checklist.
Appendix B: Form 1023 for a Public Charity.
Appendix C: Form 1023 for a Private Operating Foundation.
Appendix D: Public Support Test Calculation for IRC170(b)(1)(A)(vi) Organization.
Appendix E: Public Support Test Calculation for IRC509(a)(2).
Appendix F: The Schedules.
Appendix G: Form 5768, Election/Revocation of Election by anEligible Section 501(3) Organization to make Expenditures toInfluence Legislation.
Appendix H: Notice 3367, Acknowledgement of Your Request.
Appendix I: Determination Letters Recognizing Exemption.
Appendix J: Chart of State Filing Requirements.
Appendix K: Form 8734, Support Schedule for Advanced RulingPeriod.
Appendix L: Compliance Monitoring at the Point ofTransaction.
Appendix M: Proposal Methodology for Pat IX.
Index.