A:Yes. You can build a strategic partnership with your for-profit and nonprofit, however, your nonprofit will be set up as its own entity and must operate as a distinct entity - with separate decision-making processes and finances - from your for-profit.
Q:How long does it take to start my 501(c)3?
A: We do not claim that we control the IRS. If we did, we would happily lower your tax! 123Nonprofit has been known to reduce IRS approval times by between half and two thirds because of its "love-letter to a bureaucrat".
We do not rely solely on the IRS's online process. We also provide a backup PDF file, averaging 54-pages, that contains a concise, clear description of the activities of your organization. This allows the IRS agent to review your file and feel relieved at the professional, organized format, and click the "APPROVED", without any issues or questions.
You can look at the time taken in two different ways:
You will be rewarded for your time and effort
The state and federal governments will process your paperwork after you have filed it.
We translate a complex and long process that involves confusing bureaucratic language and complicated government forms into a kind of English you and I could share over a coffee.
Our time investment to complete all the paperwork depends on which version of IRS 1023 we prepare for you:
Time investment when using the IRS streamlined Application:
Average time is less than half an hour
Long-Form: 90 minutes or more on average
Turnaround times of our staff:
Our staff will double-check for accuracy, potential errors, or conflicting information and then submit the application within 48-72 hrs.
State Incorporation :
The average wait time for recorded Articles of Incorporation has changed since the COVID outbreak. Here's what we currently experience:
Florida: 6-12 weeks(yes, this is absurd)
AL, AZ CT, DC GA IL IA MI NE NY PA SD SD SD ND PA SD
Other States: 2 to 3 weeks
IRS Processing time:
While IRS delays can be wide-ranging, our Rapid Approval Process is a proven solution that will reduce the time it takes to get your application approved.