IRS speeds up tax-exempt process for small non-profits amid scandal

By Leslie Larson
Daily News

The IRS is now bending over backward to help small charities get tax-exempt status.Amid the FBI investigation and congressional inquiry into allegations of targeting conservative groups, the IRS now says it won't screen 80% of the charities seeking tax-exempt status.

In the new expedited process, 501(c)(3) nonprofits with less than $50,000 annual income need only complete a three-page form online and pay a $400 fee to receive automatic approval from the Tax Exempt and Government Entities Division, according to Time magazine.
This replaces

the previously unwieldy 26-page form and non-profit narrative that was reviewed by the division — a process that created a 66,000 application backlog and left charities in the lurch since donations were not yet tax-deductible.

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