In notices posted to its web site on January 8, the IRS outlined changes for Form 1023, the Application for 501(c)(3) Tax Exemption, that are necessary to comply with new regulations which have eliminated the advance ruling process for exempt organizations. Until the form is revised to reflect the changes, applicants should follow new instructions for Parts IX and X of the Form. Specifically, in Part IX, “years in existence” refers to completed tax years. If in existence less than 5 years, the applicant should complete the statement for each year and provide projections of likely revenues and expenses based on a reasonable and good faith estimate for future finances. If in existence 5 or more years, the schedule should be completed for the most recent 5 tax years. Next, in Part X (Public Charity Status section), the Form should not be signed under the heading “Consent Fixing Period of Limitations Upon Assessment of Tax.” Rather, only lines 6b and 7 on page 11 should be completed, if in existence 5 or more tax years. The IRS also gave a new address for filing Form 1023 – Internal Revenue Service, P.O. Box 12192, Covington, KY 41012-0192. Although the corrections will be made in a future revision, Form 1023 will not be updated at this time.