Getting your ministry or organization 501c3 tax exempt status on the cheap.
I want to depart from the normal content briefly and give some tips on achieving tax exempt status for your organization. When I first realized that I was going to have to go through this process I was terrified. There was no way I wanted to deal with the IRS or the NC Secretary of State. To be sure, there is a certain intimidation factor to government applications, especially when they are asking for a tax break! What I want to give you here are some good resources that will make the process easier and cheaper. Cheaper is the key word. By far the easiest way to get your organization up and running is by hiring a lawyer skilled in tax code and law. However, if you are like me, and perhaps many non-profit organizations, you don't have mountains of money to sink into the process. My goal was to spend as little as possible and do whatever I could on my own. Yes, this led to many stressful moments and perhaps some mistakes but, at the end of the day Number 156 Ministries was granted 50...