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AICPA Calls for Delay in IRS Mandated Electronic Tax Filing Procedures for Large Corporations, Exempt Organizations

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The AICPA urged the Internal Revenue Service to delay, by at least a year, implementation of mandatory electronic filing (e-file) procedures for large corporations and exempt organizations at a hearing before the 1RS recently. At the hearing, AICPA representatives said, "We view this as a dramatic change, with inadequate lead time." The Institute emphasized, however, that it supports the IRS's long-range goals for electronic tax administration.

The IRS's recently released regulations generally will require corporations with ...

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