Taxpayers (51 - 60 of 134 items)
Tax Deductions: Estimates of Taxpayers Who May Have Overpaid Federal Taxes by Not Itemizing
GAO-01-529: Published: Apr 12, 2001. Publicly Released: Apr 12, 2001.
When computing their federal taxes, taxpayers either claim a standard deduction or itemize deductions. This report estimates (1) the number of taxpayers who may have overpaid their taxes by claiming the standard deduction instead of itemizing their deductions, and (2) the amount of taxes they may have overpaid. On about 510,000 individual tax returns in tax year 1998, GAO found that taxpayers did...
Alternative Minimum Tax: Overview of Its Rationale and Impact on Individual Taxpayers
GAO-01-500T: Published: Mar 8, 2001. Publicly Released: Mar 8, 2001.
This testimony focuses on the Alternative Minimum Tax (AMT), its interaction with the regular tax system, and its projected growth in coverage. GAO found that (1) AMT was designed to ensure that high-income individuals do not avoid significant income tax liabilities--for tax year 1997, about 14,000 taxpayers would not have paid any income taxes absent AMT, (2) AMT operates as a separate tax system...
Tax Administration: IRS' Levy of Federal Payments Could Generate Millions of Dollars
GGD-00-65: Published: Apr 7, 2000. Publicly Released: May 8, 2000.
Pursuant to a congressional request, GAO reviewed the status of the Internal Revenue Service's (IRS) continuous levy program, focusing on: (1) the number of taxpayers that could be subject to a continuous levy, the revenue that might be generated, and the cost to IRS to have the Financial Management Service (FMS) levy the federal payments of those taxpayers; (2) issues that could delay program imp...
Tax Administration: Tracking Taxpayer Information About IRS Notices Could Reduce Burden
GGD-00-54: Published: Mar 28, 2000. Publicly Released: Mar 28, 2000.
Pursuant to a congressional request, GAO provided information on the Internal Revenue Service's (IRS) efforts to track taxpayer information about IRS notices, focusing on: (1) whether IRS tracks information about notices from individual taxpayers who call IRS; and (2) if not, whether such a tracking system could be useful and feasible.GAO noted that: (1) IRS does not track information during telep...
Internal Revenue Service: Preparing Substitute for Returns for Individuals
GGD-00-60R: Published: Feb 17, 2000. Publicly Released: Mar 3, 2000.
Pursuant to a congressional request, GAO provided information on the Substitute for Return (SFR) program at the Internal Revenue Service (IRS).GAO noted that: (1) IRS prepares a substitute for return for certain individuals classified as potential nonfilers for whom: (a) it has what it considers to be adequate information about income; and (b) the estimated tax liability is at or above a certain l...
Payroll Taxes: Billions in Delinquent Taxes and Penalties Due But Unlikely to Be Collected
T-AIMD/GGD-99-256: Published: Aug 2, 1999. Publicly Released: Aug 2, 1999.
Pursuant to a legislative requirement, GAO discussed the results of its work on payroll taxes owed to the federal government and the associated trust fund recovery penalties (TFRP) assessed against individuals responsible for the nonpayment of these taxes.GAO noted that: (1) at September 30, 1998, $49 billion in cumulative unpaid payroll taxes were owed by nearly 2 million businesses, and $15 bill...
Unpaid Payroll Taxes: Billions in Delinquent Taxes and Penalty Assessments Are Owed
AIMD/GGD-99-211: Published: Aug 2, 1999. Publicly Released: Aug 2, 1999.
Pursuant to a congressional request, GAO provided information on payroll taxes owed to the federal government and the associated trust fund recovery penalties assessed individuals responsible for the nonpayment of these taxes, focusing on the: (1) extent to which payroll taxes are not remitted to the federal government; (2) magnitude of the trust fund recovery penalties assessed against individual...
IRS Audits: Weaknesses in Selecting and Conducting Correspondence Audits
GGD-99-48: Published: Mar 31, 1999. Publicly Released: Mar 31, 1999.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) program to audit income tax returns through correspondence, focusing on: (1) the number, results, and duration of correspondence audits as well as the characteristics of the audited returns; and (2) processes and requirements that IRS has had for years to govern correspondence audits.GAO noted that: (1) several...
Tax Administration: IRS' Problem-Solving Days
GGD-99-1: Published: Oct 16, 1998. Publicly Released: Nov 16, 1998.
Pursuant to a congressional request, GAO reviewed the effectiveness of Internal Revenue Service's (IRS) problem-solving days (PSD), focusing on: (1) how the PSDs were organized and advertised and what IRS did to make them conducive to discussing and resolving taxpayers' ongoing tax problems; (2) taxpayers' overall satisfaction with the initiative and the extent to which taxpayers' problems were re...
Alcohol Special Occupational Taxes: Administration and Compliance Issues
GGD-98-156: Published: Aug 10, 1998. Publicly Released: Sep 9, 1998.
Pursuant to a congressional request, GAO studied the alcohol special occupational taxes (SOT), focusing on: (1) the methods that the Bureau of Alcohol, Tobacco, and Firearms (ATF) uses to enforce compliance with the taxes and the costs incurred in these efforts; (2) compliance rates for alcohol producers, wholesalers, and retailers; and (3) arguments that have been made for and against these occup...