Reporting requirements (121 - 130 of 198 items)
GGD-96-116R: Published: Jun 19, 1996. Publicly Released: Jul 19, 1996.
Pursuant to a congressional request, GAO provided information on grassroots lobbying expenses reported by charitable organizations. GAO noted that: (1) the data presented understates total grassroots lobbying expenditures, since charitable organizations do not report their lobbying expenses unless they elect to be subject to a certain tax code provision; (2) churches and church-affiliated groups d...
Tax Administration: IRS Can Improve Information Reporting for Original Issue Discount Bonds
GGD-96-70: Published: Mar 15, 1996. Publicly Released: Mar 15, 1996.
GAO provided information on the Internal Revenue Service's (IRS) efforts to ensure that taxpayers report investment income earned from bonds sold at original issue discount (OID), focusing on the completeness and use of IRS Publication 1212.GAO found that: (1) IRS asserts that OID bond issuers can rely on Publication 1212 to identify all publicly offered OID bonds and compute OID income, but Publi...
GGD-96-46R: Published: Nov 8, 1995. Publicly Released: Nov 8, 1995.
Pursuant to a congressional request, GAO compared the average lobbying expenditures for tax exempt charitable organizations that received government grants and the average expenditures for charities that did not receive government grants in tax year 1992. GAO noted that: (1) it could not determine the total number of charitable organizations that lobbied and received federal grants; (2) 2,132 char...
Tax Administration: Sole Proprietor Identification Numbers Can Be Improved
GGD-95-160: Published: Sep 18, 1995. Publicly Released: Sep 18, 1995.
Pursuant to a congressional request, GAO reviewed whether the Internal Revenue Service (IRS): (1) accurately cross references the two identification numbers that self-employed individuals report on their tax returns; and (2) needs to take any actions to improve the accuracy of its cross-reference files.GAO found that IRS: (1) uses information from different computer files to identify sole propriet...
Financial Audit: Examination of IRS' Fiscal Year 1994 Financial Statements
AIMD-95-141: Published: Aug 4, 1995. Publicly Released: Aug 4, 1995.
Pursuant to a legislative requirement, GAO examined the Internal Revenue Service's (IRS) financial statements for fiscal years (FY) 1993 and 1994.GAO found that: (1) critical supporting information for IRS financial statements was not available; (2) the available information was generally unreliable due to ineffective internal controls; (3) IRS internal controls did not effectively safeguard asset...
Tax Administration: Issues Involving Worker Classification
T-GGD-95-224: Published: Aug 2, 1995. Publicly Released: Aug 2, 1995.
GAO discussed the classification of workers either as employees or independent contractors for federal tax purposes. GAO noted that: (1) the Internal Revenue Service (IRS) has maintained an active audit presence despite the high levels of income tax noncompliance involving independent contractors; (2) from 1988 through 1994, IRS completed 11,380 Employment Tax Examination Program audits, resulting...
Tax Compliance: 1994 Taxpayer Compliance Measurement Program
T-GGD-95-207: Published: Jul 18, 1995. Publicly Released: Jul 18, 1995.
GAO discussed the Taxpayer Compliance Measurement Program (TCMP), focusing on: (1) its importance; (2) criticisms of TCMP; and (3) the status of the 1994 TCMP. GAO noted that: (1) TCMP is the Internal Revenue Service's (IRS) primary program for gathering data on taxpayer compliance and is used to measure compliance levels, estimate the tax gap, identify compliance issues, select returns for audit,...
Tax-Exempt Organizations: Additional Information on Activities and IRS Oversight
T-GGD-95-198: Published: Jun 29, 1995. Publicly Released: Jun 29, 1995.
GAO discussed the activities of tax-exempt organizations and the revenue resulting from these activities. GAO noted that: (1) the tax-exempt community is dominated by several categories of organizations and characterized by the concentration of resources among larger organizations; (2) many larger tax-exempt organizations rely on income-producing activities to fund their operations; (3) in 1993, a...
Taxpayer Compliance: Reducing the Income Tax Gap
T-GGD-95-176: Published: Jun 6, 1995. Publicly Released: Jun 6, 1995.
GAO discussed the income tax gap. GAO noted that: (1) taxpayers voluntarily pay 83 percent of the taxes they owe and 87 percent after Internal Revenue Service (IRS) audits; (2) although the compliance level is relatively high, tax compliance is not uniform among groups of taxpayers; (3) IRS estimates that wage earners report 97 percent of their wages, self-employed report 36 percent of their incom...
Reducing the Tax Gap: Results of a GAO-Sponsored Symposium
GGD-95-157: Published: Jun 2, 1995. Publicly Released: Jun 2, 1995.
GAO presented the results of its symposium on key taxpayer compliance issues.GAO found that: (1) the federal tax system does not ensure uniform compliance among various groups of taxpayers; (2) major modifications in the current tax system would be required to substantially improve taxpayer compliance with tax laws, such as reducing tax law complexity and extending income tax withholding requireme...