[freegeek-startup] Filling out paperwork for a 501(c)(3) - Please
need help, advise, or suggestions
That Man Behind the Curtain
richard at freegeek.org
Wed Aug 9 10:54:45 PDT 2006
Iain (FreeGeek) Davidson wrote:
> * Filing for IRS 501(c)3, tax exemption is NOT quick. You will file for
> 'provisional' status, then 5 to 6 years later will be granted full
> status. (At which time, then people can write their donation off taxes).
The 5-6 years is I think more like 4-5 years.
More importantly, donations are tax-deductable from the getgo though.
(You don't have to wait the 5 years.)
--
Richard Seymour
That Man Behind the Curtain
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