Internal controls (91 - 100 of 262 items)
Highlights of the Joint Forum on Tax Compliance: Options for Improvement and Their Budgetary Potential
GAO-08-703SP: Published: Jun 30, 2008. Publicly Released: Jun 30, 2008.
The tax gap--the difference between the tax amounts taxpayers pay voluntarily and on time and what they should pay under the law--has been a long-standing problem in spite of many efforts to reduce it. When some taxpayers fail to comply, the burden of funding the nation's commitments falls more heavily on compliant taxpayers. reducing the tax gap would help improve the nation's fiscal stability. F...
Tax Administration: Data on the Effects of the Economic Stimulus Program on the Internal Revenue Service's Telephone Service and Costs
GAO-08-916T: Published: Jun 19, 2008. Publicly Released: Jun 19, 2008.
The purpose of this testimony is to provide information on the effects of the Economic Stimulus Act of 2008 on the Internal Revenue Service's (IRS) telephone service and costs. As Congress knows, the recent passage of this legislation created additional, unanticipated workload for IRS and required IRS to act quickly to deal with the public's questions and begin issuing payments. The public's quest...
Management Report: Improvements Needed in IRS's Internal Controls
GAO-08-368R: Published: Jun 4, 2008. Publicly Released: Jun 4, 2008.
In November 2007, we issued our report on the results of our audit of the Internal Revenue Service's (IRS) financial statements as of, and for the fiscal years ending, September 30, 2007, and 2006, and on the effectiveness of its internal controls as of September 30, 2007. We also reported our conclusions on IRS's compliance with significant provisions of selected laws and regulations and on wheth...
Internal Revenue Service: Assessment of the Fiscal Year 2009 Budget Request
GAO-08-620T: Published: Apr 16, 2008. Publicly Released: Apr 16, 2008.
The fiscal year 2009 budget request for the Internal Revenue Service (IRS) is a road map for how IRS plans to allocate resources and achieve ambitious goals for improving enforcement, improving taxpayer service, increasing research, and continuing to invest in modernized information systems. One complicating factor in implementing IRS's plans in the immediate future is the recent passage of the Ec...
Information Security: IRS Needs to Address Pervasive Weaknesses
GAO-08-211: Published: Jan 8, 2008. Publicly Released: Jan 8, 2008.
The Internal Revenue Service (IRS) relies extensively on computerized systems to carry out its demanding responsibilities to collect taxes (about $2.7 trillion in fiscal year 2007), process tax returns, and enforce the nation's tax laws. Effective information security controls are essential to ensuring that financial and taxpayer information is adequately protected from inadvertent or deliberate m...
Performance and Accountability Highlights Fiscal Year 2007
GAO-08-2SP: Published: Jan 2, 2008. Publicly Released: Jan 2, 2008.
This report presents the highlights of GAO's fiscal year 2007 Performance and Accountability Report. In fiscal year 2007 we exceeded the targets for five of our six key performance measures--financial benefits, nonfinancial benefits, past recommendations implemented, new products with recommendations, and testimonies--that gauge how well we produced results and served our client, the Congress. Wit...
Tax Compliance: Federal Grant and Direct Assistance Recipients Who Abuse the Federal Tax System
GAO-08-31: Published: Nov 16, 2007. Publicly Released: Dec 17, 2007.
Since February 2004, GAO has reported that weaknesses in the federal programs and controls that allowed thousands of federal contractors, tax exempt entities, and Medicare providers to receive government money while owing taxes. GAO was asked to determine if these problems exist for entities who receive federal grants or direct assistance and (1) describe the magnitude of taxes owed, (2) provide e...
Financial Audit: IRS's Fiscal Years 2007 and 2006 Financial Statement Audits
GAO-08-166: Published: Nov 9, 2007. Publicly Released: Nov 9, 2007.
Because of the significance of Internal Revenue Service (IRS) collections to overall federal receipts and, in turn, to the consolidated financial statements of the U.S. government, which GAO is required to audit, and Congress's interest in financial management at IRS, GAO audits IRS's financial statements annually to determine whether (1) the financial statements are reliable, and (2) IRS manageme...
Tax Administration: The Internal Revenue Service Can Improve Its Management of Paper Case Files
GAO-07-1160: Published: Sep 28, 2007. Publicly Released: Oct 11, 2007.
Proper paper case file management is a significant issue for the Internal Revenue Service (IRS) because its staff investigate and close millions of case files every year. In addition, IRS employees depend heavily on case files when pursuing enforcement actions. GAO was asked to review IRS's case file storage, tracking, and documentation processes to determine whether IRS has (1) an effective proce...
Management Report: IRS's First-Year Implementation of the Requirements of the Office of Management and Budget's (OMB) Revised Circular No. A-123
GAO-07-692R: Published: May 18, 2007. Publicly Released: May 18, 2007.
This letter summarizes our review of the Internal Revenue Service's (IRS) implementation of the requirements of the Office of Management and Budget's (OMB) revised Circular No. A-123, Management's Responsibility for Internal Control (A-123) during fiscal year 2006. These requirements are applicable to the 24 Chief Financial Officer (CFO) Act agencies, including the Department of the Treasury (Trea...