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Form 1023 Corona California: What You Should Know
Information Request: Application for Recognition of Exemption — Section 501(c)(3) This webinar will give you an overview of applying for (re-)establishing the tax-exempt status of your organization. Please Learn how to submit your form. The information below and the video are provided as a public service to inform you about your individual tax needs. Do you really need a separate 501(c)(3) organization for tax-exempt purposes? Don't be surprised if your organization ends up getting classified as a Corporation. Many people ask me this question and wonder if they need tax-exempt status. The answer, of course, is yes. Corporations do have certain requirements related to their charitable activities, and they may want to file their taxes independently of their personal tax returns. When you consider your organization's current tax status and consider the various requirements associated with filing your own taxes, it becomes essential to make the required decisions as soon as possible. In these few minutes, you can make a decision that will save you money, avoid penalties and ultimately allow your organization to continue its good work without the financial burden and hassle of doing it all on your own.
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