For the past few years, the Internal Revenue Services (IRS) has actively prepared for the rollout of mandatory electronic filing for exempt organizations. In a world where technology is rapidly advancing, moving away from paper tax filing may seem natural; however, as with any new process, electronic filing (e-filing) creates limitations and serious issues to consider.
The Taxpayer First Act (TFA) was signed into law July 1, 2019, and requires certain exempt organizations to file information and tax returns electronically,