Non Profit Corporation

Non-Profit Corporations are formed for charitable, scientific, religious or educational purposes, etc. If the corporation is to qualify for tax exempt status by donations then it has to qualify with the IRS. Sometimes they are referred to as 501(c)(3) corporations. Without the IRS qualification any donated funds will not be considered a tax free exemption. 

The 501(c)(3) is designated by the Internal Revenue Code. The 501(c)(3) qualifies your non profit corporation as being tax exempt. 

The non profit corporation will not be a taxable entity as long as its activities are for ** charitable, scientific, religious or educational, or a combination thereof and as long as it is issued the exemption. 

Contributors will be permitted to deduct the contribution on their personal tax returns. Once the IRS has issued the tax exempt status, the corporation will be allowed to receive tax free contribution. You must be approved by the IRS before donations are considered tax deductible. 

ACME will arrange to form your new corporation in such a manner so as to be in compliance with state law and qualify for the special 501(c)(3) exemption status. We are associated with a legal firm who will prepare and submit the paperwork to the IRS to obtain the 501(c)(3) tax exempt status. Once the application has been accepted, you will receive a formal letter of determination from the Internal Revenue Service. This process, once properly submitted, takes about 3 to 6 months.

At this time we have several Non Profit Companies available for immediate use. 

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