New 1023-EZ Form Makes Applying for 501(c)(3) Tax-Exempt Status Easier; Most Charities Qualify

On July 1, 2014, the Internal Revenue Service introduced a new, shorter application form to help small charities apply for 501(c)(3) tax-exempt status more easily.   The new Form 1023-EZ, available today on IRS.gov, is three pages long, compared with the standard 26-page Form 1023. Most small organ...
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DO THE TOP 1% PAY ENOUGH TAXES? TOO MUCH?

The top 1% of households pay too little in taxes. That’s the opinion of 55% of people surveyed in CNNMoney’s American Dream poll. More women (61%) than men (49%) held that view.  And not surprisingly, so did more Democrats (77%) than Republicans (33%). Straddling the middle were indepen...
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