Is my nonprofit automatically tax exempt when I file articles of incorporation with the Secretary of States Office?
No. Incorporating as a nonprofit under the state law only gives you approval to operate as a nonprofit corporation in the state of South Carolina. In order to become a tax-exempt organization you must apply to the Internal Revenue Service using Form 1023. IRS Publication 557 can assist you with the process of applying for tax exemption. Please visit the IRS Website at www.irs.gov.
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- Is my nonprofit automatically tax exempt when I file articles of incorporation with the Secretary of States Office?
