Tax-Exempt vs. Nonprofit in Virginia
June 06, 2019

Most people use the terms “nonprofit” and “tax-exempt” interchangeably. Legally speaking, however, the terms have different meanings. The term “nonprofit” generally refers to provisions of state law that authorize the formation of…

New Changes to IRS Form 1023-EZ Now in Effect
February 08, 2018

The IRS recently rolled out a few minor changes to its Form 1023-EZ, an abbreviated version of Form 1023 that allows smaller nonprofits to apply for recognition of tax-exempt status more quickly and cost effectively.  For a discussion of the…