Tax credit (31 - 40 of 91 items)
Earned Income Credit: IRS' Tax Year 1994 Compliance Study and Recent Efforts to Reduce Noncompliance
GGD-98-150: Published: Jul 28, 1998. Publicly Released: Aug 27, 1998.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) 1994 Earned Income Credit (EIC) compliance study, focusing on: (1) evaluating IRS' study methodology to determine if the reported results were reasonably accurate; (2) identifying the primary sources of EIC noncompliance found in the study; and (3) determining whether recent IRS compliance efforts are designed t...
Tax Policy and Administration Issue Area: Active Assignments
AA-98-7(1): Published: Feb 1, 1998. Publicly Released: Feb 1, 1998.
GAO provided information on its active assignments in the Tax Policy and Administration issue area as of February 2, 1998...
Tax Policy and Administration: 1996 Annual Report on GAO's Tax-Related Work
GGD-97-122: Published: Jul 1, 1997. Publicly Released: Jul 1, 1997.
GAO summarized the studies it issued during fiscal year 1996 to Congress and the Internal Revenue Service (IRS) and the statements it made before Congress and the National Commission on Restructuring the Internal Revenue Service.GAO noted that it published 50 reports in 6 broad areas: (1) IRS management and budget; (2) individual and business tax issues; (3) customer service; (4) submission proces...
Earned Income Credit: Noncompliance Relative to Other Components of the Income Tax Gap
GGD-97-120R: Published: Jun 13, 1997. Publicly Released: Jun 13, 1997.
GAO compared noncompliance and associated Internal Revenue Service (IRS) enforcement issues for Earned Income Credit (EIC) claimants and other taxpayer groups, such as the self-employed.GAO noted that: (1) IRS estimated that 25.8 percent of EIC, or $4.4 billion, was overclaimed in tax year 1994; (2) this is a relatively high error rate, but the gross dollar amount is lower than that of some other...
Tax Administration: Earned Income Credit Noncompliance
T-GGD-97-105: Published: May 8, 1997. Publicly Released: May 8, 1997.
GAO discussed issues surrounding earned income credit (EIC) noncompliance.GAO noted that: (1) EIC noncompliance has been a concern for a number of years and is a major factor underlying GAO's designation of filing fraud as one of the federal program areas at high risk because of vulnerability to waste, fraud, abuse, and mismanagement; (2) through design changes and administrative actions, noncompl...
Tax Policy and Administration Issue Area--Active Assignments
AA-97-7(1): Published: Jan 2, 1997. Publicly Released: Jan 2, 1997.
GAO provided information on its active assignments in the Tax Policy and Administration issue area as of January 2, 1997...
Earned Income Credit: IRS' 1995 Controls Stopped Some Noncompliance, But Not Without Problems
GGD-96-172: Published: Sep 18, 1996. Publicly Released: Sep 18, 1996.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) efforts to reduce Earned Income Credit (EIC) noncompliance in calendar year 1995.GAO found that: (1) the up-front controls used by IRS in its Electronic Filing System helped IRS reduce some EIC noncompliance and identify about 1.3 million social security number (SSN) problems on electronically filed tax returns...
Tax Policy: Analysis of Certain Potential Effects of Extending Federal Income Taxation to Puerto Rico
GGD-96-127: Published: Aug 15, 1996. Publicly Released: Sep 5, 1996.
Pursuant to a congressional request, GAO provided information on the potential effects of extending the Internal Revenue Code (IRC) to residents of Puerto Rico.GAO found that if IRC tax rules are applied to residents of Puerto Rico: (1) the residents would owe around $623 million in federal income tax before taking into account the earned income tax credit (EITC); (2) the aggregate amount of EITC...
Tax Administration: Income Tax Treatment of Married and Single Individuals
GGD-96-175: Published: Sep 3, 1996. Publicly Released: Sep 3, 1996.
Pursuant to a congressional request, GAO provided information on certain income tax code provisions that result in marriage penalties or marriage bonuses, focusing on: (1) those income tax provisions that depend on taxpayers' marital status for their applicability; and (2) the number of taxpayers affected by marriage penalties or bonuses.GAO found that: (1) there are 59 provisions in the income ta...