The IRS just announced today, via Revenue Procedure 2016-32, that it will be reducing the user fee (filing fee) for the 1023-EZ from $400 to $275, effective July 1st. While it is cheaper, faster, and easier — I still continue to caution users of the 1023-EZ. For my real inital thoughts (the snarky ones), please contact me privately (or perhaps read about it on Twitter).
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