Change in IRS Process for Granting Tax-Exempt Status Could be Boon

NLNIEMAN LAB | A change in the IRS process for granting tax-exempt status could be a boon to nonprofit news | July 16, 2014 | The IRS has introduced a new fast-track application for 501(c)3 status that is open to non-profit organizations with an annual income of less than $50,000.  Clinical Fellow Andy Sellars talked with Nieman Lab about the change, saying many non-profit news organizations would qualify for the new process, eliminating a roadblock that previously impeded this groups.

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