IRS Issues New Rev. Proc. On Sec. 501 Determinations

The Internal Revenue Service has issued Revenue Procedure 2007-52 (effective July 23, 2007), 2007 IRB LEXIS 591, setting out the procedures to be used by non-profit organizations, including churches and other religious groups, in applying for tax-exempt status under Section 501 of the Internal Revenue Code. The Rev. Proc. updates a similar set of rules issued in 1990. Among the changes in this Rev. Proc. is the centralization of determinations on exempt organization applications in the IRS's Cincinnati office