Tax law (31 - 40 of 50 items)
Tax Administration: Process Used to Revise the Federal Employment Tax Deposit Regulations
GGD-95-8: Published: Dec 29, 1994. Publicly Released: Dec 29, 1994.
Pursuant to a congressional request, GAO reviewed the revised federal employment tax deposit regulations issued by the Department of the Treasury and the Internal Revenue Service (IRS) on September 24, 1992, focusing on: (1) whether the Treasury and IRS developed the regulations by applying principles from the IRS Compliance 2000 initiative; (2) how the revision process could be improved; and (3)...
Tax Administration: Improving Independent Contractor Compliance with Tax Laws
T-GGD-94-194: Published: Aug 4, 1994. Publicly Released: Aug 4, 1994.
GAO discussed how health care reform would affect independent contractors' compliance with tax laws. GAO noted that: (1) implementing a health care reform plan that forces employers to pay the majority of their employees' health insurance premiums could lead to many employers reclassifying their employees as independent contractors; (2) a large-scale reclassification of employees could jeopardize...
GGD-93-13R: Published: Mar 3, 1993. Publicly Released: Apr 5, 1993.
Pursuant to a congressional request, GAO provided information on tax-exempt organizations' reporting of lobbying expenses on tax returns. GAO found that: (1) there were various types of tax-exempt organizations that filed tax returns claiming lobbying expenses; (2) most tax-exempt organizations except churches, integrated auxiliaries of churches, and conventions or associations of churches were re...
Tax Administration: Approaches for Improving Independent Contractor Compliance
GGD-92-108: Published: Jul 23, 1992. Publicly Released: Jul 23, 1992.
Pursuant to a congressional request, GAO reviewed the tax administration effects of the Internal Revenue Service's (IRS) Employment Tax Examination Program, focusing on examining small business compliance using the common-law rules for classifying workers as either employees or independent contractors.GAO found that: (1) common-law rules for differentiating an employee from an independent contract...
Tax Administration: Improving Independent Contractor Compliance
T-GGD-92-63: Published: Jul 23, 1992. Publicly Released: Jul 23, 1992.
GAO discussed its report on improving independent contractor tax compliance, focusing on the Internal Revenue Service's (IRS) Employment Tax Examination Program (ETEP). GAO noted that: (1) the classification rules for determining if a worker is an employee or an independent contractor need to be clarified; (2) since fiscal year 1989, IRS has found that 90 percent of the businesses audited under ET...
Tax Administration: Federal Contractor Tax Delinquencies and Status of the 1992 Tax Return Filing Season
T-GGD-92-23: Published: Mar 17, 1992. Publicly Released: Mar 17, 1992.
GAO discussed: (1) federal contractors' tax delinquencies; and (2) the Internal Revenue Service's (IRS) ability to provide taxpayers with timely, accurate service during the 1991 tax season. GAO noted that: (1) 22 percent of the 26,000 federal contractors reviewed were delinquent in paying their taxes and owed a total of $773 million dollars; (2) IRS only attempted to use contract payments to coll...
Tax Policy: Summary of GAO Work Related to Expiring Tax Provisions
T-GGD-92-11: Published: Jan 28, 1992. Publicly Released: Jan 28, 1992.
GAO discussed 5 of the 12 expiring tax provisions extended by the Tax Extension Act of 1991. GAO noted that: (1) of the 12 provisions, qualified mortgage revenue bonds (QMB), the targeted jobs tax credit, the low-income housing tax credit, the qualified research tax credit, and employer-provided educational assistance benefits account for 70 percent of the estimated foregone federal revenues in fi...
Tax Administration: Expanded Reporting on Seller-Financed Mortgages Can Spur Tax Compliance
GGD-91-38: Published: Mar 29, 1991. Publicly Released: May 6, 1991.
Pursuant to a congressional request to assist the Internal Revenue Service (IRS) in increasing taxpayer compliance, GAO reviewed buyers' and sellers' reporting of interest payments made or received under seller-financed mortgages (SFM).GAO found that, according to an IRS study: (1) some taxpayers failed to correctly report SFM interest paid or received; (2) in one service area, IRS enforcement eff...
Tax Policy and Administration: 1990 Annual Report on GAO's Tax-Related Work
GGD-91-46: Published: Apr 16, 1991. Publicly Released: Apr 16, 1991.
Pursuant to a legislative requirement, GAO provided information regarding its work on tax policy and administration during fiscal year (FY) 1990, including: (1) actions federal agencies took in response to GAO recommendations as of December 31, 1990; (2) recommendations GAO made to Congress before FY 1990 that remain open; (3) assignments where Congress authorized GAO access to tax information; an...
Information Returns: Correcting Taxpayer Identification Is Possible Without Disclosing Tax Data
GGD-90-90: Published: Jun 5, 1990. Publicly Released: Jun 5, 1990.
Pursuant to a legislative requirement, GAO determined what options exist, without a legislative change, to help financial institutions provide correct names and taxpayer identification numbers (TIN) to the Internal Revenue Service (IRS).GAO found that: (1) while payors were not required to obtain correct names, there were many incorrect identification numbers listed due to name mismatches in IRS o...