
January 2022
The Internal Revenue Service (IRS) has made several changes recently, changes which impact a range of 501 organizations, expanding the use of Form 1024 to all of the organizations which are described under IRS code Section 501(c), except for 501(c)3, 501(c)4 and 501(d) organizations when applying for tax-exempt status. But what does this mean and how will it impact how these organizations operate? Let's take a closer look at this regulation change so that you can have a solid grasp of how it will impact your organization.