• At Our Firm, We Enjoy What We Do!

    Making a difference and helping others is what we do. Learn more about our firm!

    Meet the Attorneys
  • Do I Need an Attorney for a Nonprofit?

    You will encounter many complexities when starting a nonprofit, and may need legal help.

    Why Hire an Attorney?
  • Start Your Business Off Right

    It is crucial that your nonprofit be setup correctly to avoid problems and ensure your success.

    Find Out What Needs to Be Done
  • We Can't Wait to Hear
    From You!

    Have a question about nonprofit law? Contact us today for a free consultation.

    Get in Touch Now

Securing IRS Recognition & Tax Exempt Status

Legal Services for Dallas Nonprofits

When beginning a new nonprofit, there are several steps that you must take in order to reach fully recognized tax exempt status from the IRS. Formation of a nonprofit under the proper clause is the first and most important step. As previously mentioned, Perliski Law Group provides legal services needed to form nonprofits, specifically:

  • 501(c)(3): private charities & public organizations
  • 501(c)(4): civic leagues
  • 501(c)(5): labor unions
  • 501(c)(6): trade associations & professional societies
  • 501(c)(7): social clubs

Once the organization is formed, the next step will be to file your applications for federal and state tax exemptions. As a nonprofit, IRS recognition and tax exempt status are the most favored aspects of nonprofit corporations. Exemption from federal and state tax requirements is a status held by a very small, strictly defined sector of enterprise—specifically, nonprofit organizations that have met and fulfilled all requirements for achieving such status. The principle behind this privilege is that the government has deemed these organizations to operate for the public interest, not the private interest of the owners.

Given the sensitivity of tax exempt status, the IRS has a very strict process for recognizing nonprofit formations. An application for tax exemption status must include the following, along with a fully completed IRS Form 1023:

  • The certification of formation
  • A copy of the organization bylaws
  • Detailed financial statements or, for new formations, proposed budgets extending two fiscal years including estimates for anticipated financial support
  • Description of planned activities with explanation of anticipated public benefit
  • Information on directors and officers including name, address, and annual compensation
  • Statement on claiming status either as a public charity or private organization
  • EIN
  • Annual accounting period

Having a legal team assist you with your nonprofit's formation and status recognition is important because it will ensure that the process runs smoothly from beginning to end. By hiring an experienced Dallas nonprofit attorney to help you form your new nonprofit, you can rest assured that the bylaws, article of incorporation and other important documents are drafted properly. This, in turn, will also help you avoid conflict or delays with the IRS.

From beginning to end, our team stands by the mission our clients work to achieve through their nonprofit organizations. We offer our legal services to the protection and aid of churches, religious organizations, public charities, private organizations and other nonprofits throughout Dallas.

To learn more about the application for IRS recognition and tax exempt status, contact Perliski Law Group today and receive a free consultation.

  • At Our Firm, We Enjoy What We Do!

    Making a difference and helping others is what we do. Learn more about our firm!

    Meet the Attorneys
  • Do I Need an Attorney for a Nonprofit?

    You will encounter many complexities when starting a nonprofit, and may need legal help.

    Why Hire an Attorney?
  • Start Your Business Off Right

    It is crucial that your nonprofit be setup correctly to avoid problems and ensure your success.

    Find Out What Needs to Be Done
  • We Can't Wait to Hear
    From You!

    Have a question about nonprofit law? Contact us today for a free consultation.

    Get in Touch Now

Start Making a Difference Today

No matter what your nonprofit legal needs are, our team at Perliski Law Group is here to help.

Perliski Law Group - Dallas Nonprofit Attorney
Located at 8150 N. Central Expressway, Suite 1675
Dallas, TX 75206
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Phone: (214) 865-7542
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The information on this website is for general information purposes only. Nothing on this site should be taken as legal advice for any individual case or situation. This information is not intended to create, and receipt or viewing does not constitute, an attorney-client relationship.