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IRS processing time for 1023 app

12 years 7 months ago #158634 by gjcoram
I did our 1023 myself; I'm not an accountant (I'm a software guy) but with some input from a parent who's a lawyer, and a lot of suggestions from the Start-up Toolkit.
12 years 7 months ago #158595 by mum24kids
I did it myself. However, I should also qualify that by saying I'm an accountant. But--PTOToday sells a Start Up toolkit (see here: www.ptotoday.com/startup-guide) that does an excellent job of walking you through how to fill it out. Well worth every penny.
12 years 7 months ago #158593 by Too4Us
Replied by Too4Us on topic Re:IRS processing time for 1023 app
This is for mum24kids, did you fill out the form yourself or did you have someone do it for you. I am getting ready to start filling out the application and it makes me nervous.
12 years 8 months ago #158463 by ceciliaky
wow! 3 weeks!?

we met with an accountant on August 23 and got our EIN number the same day. A little more than 3 weeks ago. I'd love to see a quick turnaround for our group, too! :)
12 years 8 months ago #158443 by mum24kids
IRS is still looking good on processing time for 1023 apps. I did another one recently that they confirmed they received on August 10, and the letter approving our tax-exempt status is dated September 2--just a tad over 3 weeks.

I don't know that CyberAssistant will ever see the light of day. It's been put off until at least 2012.
13 years 6 months ago #155188 by Lisa @ PTO Today
Replied by Lisa @ PTO Today on topic Re:IRS processing time for 1023 app
It can be anywhere between 2 and 6 months depending on how busy they are. Probably best to plan for the longer end and be happily surprised if it happens sooner: )

~Lisa




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