Dramatic IRS Shift for Nonprofits
Complex new forms focus less on finances, more on how groups operate and prevent corruption.
Mary Anne Hakim, a Washington accountant specializing in nonprofits, estimated it would take 35 percent to 40 percent more time to complete.
Sudha Iyer, vice president for finance and administration for the New Jersey Audubon Society, thought it might be even more demanding.
The old form took her about three days.
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