Taxpayers (81 - 90 of 114 items)
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...
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,...
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...
Options Reporting to IRS
GGD-95-145R: Published: May 5, 1995. Publicly Released: May 5, 1995.
Pursuant to a congressional request, GAO provided information on possible options reporting to the Internal Revenue Service (IRS), focusing on: (1) issues to be considered in reporting such information; (2) how such information would be used; and (3) how much revenue could be generated from options reporting. GAO noted that: (1) IRS does not require options reporting because of its complex nature...
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: IRS Can Better Pursue Noncompliant Sole Proprietors
GGD-94-175: Published: Aug 2, 1994. Publicly Released: Sep 1, 1994.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) monitoring of income reporting by sole proprietors, focusing on: (1) the extent of noncompliance by type of sole proprietor; (2) IRS actions to correct such noncompliance; and (3) additional steps IRS could take to improve compliance.GAO found that: (1) although they constituted about 13 percent of individual ta...
Tax Gap: Many Actions Taken, But a Cohesive Compliance Strategy Needed
GGD-94-123: Published: May 11, 1994. Publicly Released: May 11, 1994.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) and Congress' efforts to reduce the income tax gap.GAO found that: (1) the annual gross income tax gap has increased despite efforts to reduce it; (2) Congress has subjected more income and deductions to information returns reporting, increased penalties for noncompliance, and given IRS additional funds for spec...
FmHA Forgiven Debts
GGD-94-25R: Published: Nov 10, 1993. Publicly Released: Nov 10, 1993.
Pursuant to a congressional request, GAO reviewed information on loans that have been forgiven by the Farmers Home Administration (FmHA) and other government agencies, focusing on: (1) the tax implications of debt forgiveness; (2) whether forgiven debts are taxable; and (3) the implications of taxing such debts. GAO found that: (1) taxpayers are required to report their forgiven debts as income; (...