Efficiency:

• e-Filing reduces the paperwork burden on nonprofit organizations.

• e-Filing is serving as a catalyst for standardization of financial reporting.

Accuracy:

• e-Filing software provides real-time consistency checks that largely eliminate entry errors and schedule omissions. Only required information is submitted; personal details of board members, for example, cannot be inadvertently sent.

• e-Filing provides electronic acknowledgment that forms
  have been successfully submitted and received.

Peace of Mind:

• e-Filing software will not allow a return to be submitted if any mandatory fields are left blank or if there are arithmetic errors or inconsistencies.

• e-Filing means that no critical documents get lost in the mail.

Greater Ease in Multi-State Filing:

• The IRS is working with the states to allow 990 e-filers to submit all state and federal forms in one transaction.

• e-Filing will make it easier for nonprofit organizations to provide the necessary documentation for government grant applications.

Strengthen Public Trust

• A publicly accessible, searchable online database will help nonprofit organizations measure and compare outcomes and expenses and identify areas of need as well as gaps in programs and service.
  
• More timely, accurate and accessible data on nonprofits will increase understanding and help strengthen public trust in the sector.

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