Frequently Asked Questions

What is the Significance of filing for Federal Tax-Exemption?

Filing for federal exemption is a crucial step in achieving national recognition as a charitable organization. This status allows your nonprofit to receive charitable donations essential for operating and sustaining your business. To accomplish this, we utilize Form 1023 EZ to ensure compliance and secure your tax-exempt designation. Learn More

What is an EIN?

An Employer Identification Number (EIN) is a federal tax identification number assigned to businesses, tax-exempt organizations, and other entities. It can be obtained directly from the IRS at no cost, typically within minutes. To apply, you’ll need information about your business entity type as well as the Social Security number or taxpayer ID number of the responsible party overseeing your organization or business. Apply for EIN

What Business Structure Should I Select?

Your chosen business structure has a significant impact on various aspects, including tax obligations, fundraising capabilities, required paperwork, and personal liability. It is essential to select a business structure before registering your organization with the state. A nonprofit corporation, for instance, can be formed by one or more individuals. While owners are shielded from personal liability and benefit from tax-exempt status, corporate profits cannot be distributed. Select the Right One

What are Articles of Incorporation?

Since your business is structured as a corporation, it is essential to register it as such with your state. One of the required documents for this process is the Articles of Incorporation. At the ORG Group, we streamline this step by filing the Articles of Incorporation on your behalf.