September 6, 2007

Taxing Process

By Peter Panepento

Charities urge IRS to scale back changes and delay debut of new informational tax return

Nonprofit executives and accountants are pressuring the Internal Revenue Service to slow down its efforts to overhaul the Form 990 informational tax form to make sure the revised form does not place unreasonable burdens on organizations working with limited resources.

But the tax agency cautions that even a minor delay could push back the new 990's debut for at least three years —

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