Jun 24 ,2024

PCORI Online Vs Paper – Which is better?

Form 720 is the IRS form used for filing federal excise taxes, including taxes related to air transportation, heavy vehicle use, and more. The PCORI Fee is one such filing, required annually by businesses, organizations, and certain other entities.

As the PCORI season is now here, many filers are uncertain about which method to choose for submitting the PCORI Fee. We'll break it down for you in a clear comparison table to guide your decision.

PCORI Fee Filing - Paper Vs Online
Feature
Manual Filing
Online Filing
Speed
Requires more time for printouts, postage, and manual effort.
Fast and efficient – file in minutes without leaving your desk.
Complexity
High complexity, downloading correct version of form, filling out by hand and mailing to correct IRS mailing address
Easy-to-navigate, no paper handling or postage required.
Accuracy
Manual calculations lead to higher chances of errors.
Automated calculations with no risk of manual error.
Accessibility
Must store documents physically and retrieve manually.
Access all your documents instantly from the online portal.
Cost
Costs for paper, printing, postage, and handling.
File directly online with a nominal processing fee.
Customer Support
Typically involves waiting for assistance.
Dedicated customer support available immediately online.
Confirmation
No immediate acknowledgment of filing submission.
Instant acknowledgment and receipt of filed documents.
Security
Risk of loss or damage to documents.
Secure, IRS-authorized portal for safe and encrypted filing.
Record Keeping
Requires careful physical storage of documents.
Automatic digital record keeping with easy retrieval anytime.

PCORI Fee Due Date

PCORI is reported annually. The PCORI Fee deadline is always the second-quarter due date, which is July 31st each year. For 2025 plan years, the PCORI filing due date will be July 31st, 2026.

Why should you go with Simple720 to file PCORI Fee?

IRS Authorized Portal – Our system is fully compliant with IRS requirements for PCORI filing. This helps you file your PCORI Fee accurately and securely.
No Software Required – There is no need to download or install any software. You can complete your filing directly online from anywhere.
Easy & Quick – The filing process is simple and user-friendly. You can complete your PCORI Fee return in just a few minutes.
Instant Acknowledgment – Receive confirmation immediately after submitting your return. This helps you know that your filing has been successfully transmitted.
Customer Support – Our support team is available to assist you whenever needed. We help answer your questions and guide you through the filing process.

Visit our pages to learn more about how the PCORI Fee works for TPAs (Third-Party Administrators) and how you can efficiently manage your filing process.

Conclusion
Paper-based filing is a lengthy procedure which is very susceptible to mistakes, and it may cause delays. However, e-filing is much quicker and more efficient. This means that the most viable method will be e-filing through Simple720. In this way, you can rest assured that your PCORI fee will be filed successfully.
File your PCORI Fee Online using Simple720!

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Feature	Manual Filing	Online Filing
Speed	Requires more time for printouts, postage, and manual effort.	Fast and efficient – file in minutes without leaving your desk.
Complexity	High complexity, downloading correct version of form, filling out by hand and mailing to correct IRS mailing address	Easy-to-navigate, no paper handling or postage required.
Accuracy	Manual calculations lead to higher chances of errors.	Automated calculations with no risk of manual error.
Accessibility	Must store documents physically and retrieve manually.	Access all your documents instantly from the online portal.
Cost	Costs for paper, printing, postage, and handling.	File directly online with a nominal processing fee.
Customer Support	Typically involves waiting for assistance.	Dedicated customer support available immediately online.
Confirmation	No immediate acknowledgment of filing submission.	Instant acknowledgment and receipt of filed documents.
Security	Risk of loss or damage to documents.	Secure, IRS-authorized portal for safe and encrypted filing.
Record Keeping	Requires careful physical storage of documents.	Automatic digital record keeping with easy retrieval anytime.

PCORI Online Vs Paper – Which is better?

PCORI Fee Due Date

Why should you go with Simple720 to file PCORI Fee?

Looking to reduce recurring Form 720 compliance costs? Upgrade to the Unlimited Annual Filing Plan