Noncompliance (21 - 30 of 47 items)
Tax Compliance: Multiple Approaches Are Needed to Reduce the Tax Gap
GAO-07-391T: Published: Jan 23, 2007. Publicly Released: Jan 23, 2007.
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. Most recently, the Internal Revenue Service (IRS) estimated a gross tax gap for tax year 2001 of $345 billion and estimated it would recover $55 billion of this gap, resulting in a net tax gap of $2...
Tax-Exempt Organizations: Collecting More Data on Donor-Advised Funds and Supporting Organizations Could Help Address Compliance Challenges
GAO-06-799: Published: Jul 27, 2006. Publicly Released: Aug 28, 2006.
Donor-advised funds and supporting organizations are two charitable-giving options that have received attention from Congress and the Internal Revenue Service (IRS) for their potential to facilitate noncompliance with tax law. As requested, GAO is providing information on donor-advised funds and supporting organizations related to (1) federal laws and regulations, compared to private foundations;...
Financial Audit: IRS's Fiscal Years 2005 and 2004 Financial Statements
GAO-06-137: Published: Nov 10, 2005. Publicly Released: Nov 10, 2005.
Because of the significance of Internal Revenue Service (IRS) collections to 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 IRS prepares are reliable and (2) IRS mana...
Tax Administration: More Can Be Done to Ensure Federal Agencies File Accurate Information Returns
GAO-04-74: Published: Dec 5, 2003. Publicly Released: Dec 5, 2003.
The Internal Revenue Service (IRS) matches information returns filed by third parties, including federal agencies, with taxpayers' income tax returns to determine whether taxpayers have filed a return and/or reported all of their income. A correct taxpayer identification number (TIN) is necessary to enable IRS to match these returns. Prior GAO reviews have shown that federal agency payment records...
Political Organizations: Data Disclosure and IRS's Oversight of Organizations Should Be Improved
GAO-02-444: Published: Jul 17, 2002. Publicly Released: Aug 16, 2002.
Tax-exempt organizations seeking to influence political elections--called Section 527 organizations--are estimated to spend millions of dollars annually in federal elections. These organizations use unregulated "soft money" for issue advocacy, such as sponsoring an advertisement that supports or opposes a candidate's position on an issue. Although all states require these groups to publicly releas...
Financial Audit: IRS's Fiscal Years 2001 and 2000 Financial Statements
GAO-02-414: Published: Feb 27, 2002. Publicly Released: Feb 27, 2002.
This report presents the results of GAO's audits of the financial statements of the Internal Revenue Service (IRS) for fiscal years 2001 and 2000. GAO was able to provide unqualified opinions on IRS's fiscal years 2001 and 2000 financial statements because IRS senior management and staff made extraordinary efforts to compensate for serious internal control and systems deficiencies. Despite these e...
Financial Audit: IRS' Fiscal Year 2000 Financial Statements
GAO-01-394: Published: Mar 1, 2001. Publicly Released: Mar 1, 2001.
The Internal Revenue Service's (IRS) fiscal year 2000 financial statements, including the accompanying notes, present fairly, in all material respects, in conformity with U.S. generally accepted accounting principles, IRS' assets, liabilities, net position, net costs, changes in net position, budgetary resources, reconciliation of net costs to budgetary obligations, and custodial activity, for fis...
Paperwork Reduction Act: Burden Increases at IRS and Other Agencies
T-GGD-00-114: Published: Apr 12, 2000. Publicly Released: Apr 12, 2000.
Pursuant to a congressional request, GAO discussed the implementation of the Paperwork Reduction Act of 1995 (PRA), focusing on: (1) the changes in federal paperwork burden since last year's hearing, with particular attention to changes at the Internal Revenue Service (IRS); (2) IRS burden-relief initiatives that are directed at small businesses; and (3) PRA violations.GAO noted that: (1) although...
Financial Audit: IRS' Fiscal Year 1999 Financial Statements
AIMD-00-76: Published: Feb 29, 2000. Publicly Released: Feb 29, 2000.
Pursuant to a legislative requirement, GAO audited the Internal Revenue Service's (IRS) fiscal year (FY) 1999 financial statements.GAO noted that: (1) during FY 1999, IRS had made a number of improvements to address some of the management issues GAO raised in previous reports; (2) GAO noted improvements in IRS': (a) overall financial reporting; (b) records of accounts payable; (c) amounts held in...
IRS Restructuring Act Implementation
GGD-00-71R: Published: Feb 28, 2000. Publicly Released: Feb 28, 2000.
Pursuant to a congressional request, GAO provided information on the Internal Revenue Service's (IRS) efforts to implement provisions of the IRS Restructuring and Reform Act of 1998, focusing on: (1) what can be done to ensure that levies and seizures are done in accordance with the law; (2) IRS' balanced performance measurement system of evaluating employees; (3) the misuse of enforcement statist...