IRS Raises Tax Exempt Application Fees

The IRS recently announced that they would be raising tax exempt application fees across the board.

• For associations with less than $10,000 or less in a year over a four-year period, the fee will go from $300 to $400.
  
• For organizations whose feels are more than $10,000 annually over a four-year period, the feel will go from $750 to $850
• For group exemption letters, the fee will be $3000 from $900

A complete list of fees will be available in January, 2010.

To read more, click here.