New E-Filing Available to Nonprofits!

Tax-exempt organizations can file their information returns for tax year 2004 electronically via a new free web service launched by the National Center for Charitable Statistics (NCCS). Last year, more than 450,000 organizations sent the Internal Revenue Service paper copies of Form 990, the annual information return for tax-exempt entities. With 990 Online -- available at http://efile.form990.org/ -- these organizations can file returns with the same ease and accuracy enjoyed by individual taxpayers who e-file. Earlier this month, the IRS released regulations requiring certain tax-exempt organizations to e-file their information returns. Although the rule does not go into effect until 2006, many nonprofits can get a head start this year by e-filing through NCCS's 990 Online. For more information, visit the Urban Institute's website.
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