July 12, 2019

CEO Update Quotes Cindy Lewin on the Taxpayer First Act

1 min

On July 12, 2019, Cindy Lewin was quoted in CEO Update regarding the Taxpayer First Act, an Internal Revenue Service (IRS) reform effort that contains a provision mandating that tax-exempt organizations must file their tax returns electronically. According to the article, this could create a burden for organizations that don’t have access to software with e-file capability.

The IRS will implement the new requirement slowly, said Lewin. "Under the new law, mandatory e-filing will arrive for most tax-exempt nonprofit organizations in 2021 and for all tax-exempt nonprofits that file returns with the IRS by 2022."

"It’s a gradual implementation, don’t panic," she added. "You’ve got time."