The BNN Tax-Exempt Organizations Blog

Posts tagged eFiling

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IRS Reporting Requirement Practically Prevents Most Private Foundations from E-Filing

If you’ve ever read through the IRS instructions for private foundations (and who hasn’t in their spare time?), you’ll have noticed that the IRS wants to know a lot about your organization.  Some of the detail the IRS is looking for makes sense. For instance, asking for information about charitable disbursement recipients ensures that private foundations are distributing funds appropriately. However, other information the IRS wants seems to only needlessly increase the administrative burden on the organization, tax preparers, and even (gasp!) the IRS as well.

Posted Under: eFiling, Private Foundations