Envision Achieving
Your Mission
Maximize Your
Positive Impact Thru Your Non-Profit
Non-profits are organizations formed to resolve social issues thru services and products. The organizations are eligible for a federal 501c3 tax exemption which eliminates income tax and sales tax on purchases. The 501c3 status also opens the doors to grants and donations. A non-profit organization must be established before applying for a 501c3.
501c3 Tax Exemption
Form 1023EZ
(Restricted to $50,000 annual contributions)
$699
Xecutive Drive assists clients with obtaining a 501c3 tax exemption and registering non-profit organizations.
501c3 Tax Exemption
Form 1023
(Unlimited annual contributions)
$1,299
501c3 Tax Exemption
Form 1023EZ
(Restricted to $50,000 annual contributions)
Completion of application
Two consultations
Application submittal
Includes application fee
(Restricted to $50,000 annual contributions)
Completion of application
Three consultations
Bylaws
Required documents
Conflict of interest policy
Solicitation of contribution license
Financial budget
Application submittal
Includes application fee
HOW IT WORKS
Submit your exemption choice
Schedule a consultation
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Gather your business information
A business specialist will prepare docs and complete your application
Receive your tax exemption status within 30 - 90 days
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Learn More About
The Federal Tax Exemption
Qualifying IRS tax exemption purposes
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Charitable
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Religious
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Educational
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Scientific
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Literary testing for public safety
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Fostering national or international amateur sports competition
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Prevention of cruelty to children or animals
501c3 status benefits
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Exemption from Federal income tax
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Grant and donation eligibility
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Tax-deductible contributions
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Reduced postal rates
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Exemption from Federal unemployment tax
Tax exemptions
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Federal taxes
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Local taxes
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Property taxes
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Sales taxes
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Payroll taxes
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Will your company handle Sending W-4 & I-9 forms to my employees?Yes. If you hiring new employees Xecutive drive will send each new employee a W-4 and I-9 to manage the new hire process for our clients. Our team makes it easy to just manage and over see the process.
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Do I have to provide employees with their W2's at the end of the year?No. W2's are automatically sent to all of our clients employees electronically via email and USPS mail.
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What is the difference between W2 and 1099 workers?The main difference is that W2 is a payroll employee and 1099 is a non-payroll worker also known as subcontractors. Employers must file 941's, 940's, W3's and W4's for W2 employees and ensure taxes are removed from paychecks. On the other hand employers must file a 1096 for 1099 workers and are not required to pay employer taxes. 1099 workers may be an individual or business.
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What state do you offer payroll services for?Xecutive Drive has payroll clients across the United States and offers payroll services to all states in the United States. Our payroll experts have knowledge and experience processing payroll in mutliple states.
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If hired, how long does it take for you to start running payroll for my company?"The onboarding process will begin within 1 - 3 business days after hiring Xecutive Drive for payroll services. A payroll specialist will be assigned and your specialist will begin collecting your employee data.