Tax returns (41 - 50 of 79 items)
Tax Administration: Analysis of IRS' Budget Request for Fiscal Year 1995
GGD-94-129: Published: Apr 20, 1994. Publicly Released: Apr 20, 1994.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) fiscal year 1995 budget request.GAO found that: (1) IRS will not be able to fully utilize its fiscal year (FY) 1994 appropriation to implement compliance initiatives because it is expected to have significant budget shortfalls due to unfunded locality pay increase and other unfunded labor costs; (2) IRS expects...
Tax Administration: IRS' Budget Request for Fiscal Year 1994
T-GGD-93-23: Published: Apr 28, 1993. Publicly Released: Apr 28, 1993.
GAO discussed the Internal Revenue Service's (IRS) fiscal year (FY) 1994 budget request. GAO noted that: (1) IRS requested $7.4 billion and 116,060 full-time equivalents (FTE) for FY 1994, an increase of $284 million and 792 FTE over FY 1993; (2) the $82.8-million budget request for synchronized systems deployment is inappropriate, since IRS may not be able to complete the four systems involved; (...
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: Information Returns Can Improve Reporting of Forgiven Debts
GGD-93-42: Published: Feb 17, 1993. Publicly Released: Mar 19, 1993.
Pursuant to a congressional request, GAO reviewed whether the Internal Revenue Service (IRS) should require lenders to report taxpayers' forgiven debts, focusing on the potential effects on voluntary compliance if the Federal Deposit Insurance Corporation (FDIC) and the Resolution Trust Corporation (RTC) were required to report forgiven debt information to IRS.GAO found that: (1) in 1986, 1 percen...
Tax Administration: Federal Agencies Should Report Service Payments Made to Corporations
GGD-92-130: Published: Sep 22, 1992. Publicly Released: Sep 22, 1992.
GAO identified actions that the Office of Management and Budget (OMB) and other federal agencies could take to improve corporate tax compliance.GAO found that: (1) Internal Revenue Service (IRS) random audits of 19,000 small corporations showed a 20-percent decrease in small corporate tax compliance between 1980 and 1987, and that small corporations had paid only 61 percent of their 1987 federal i...
Tax Administration: Money Laundering Forms Could Be Used to Detect Nonfilers
T-GGD-92-56: Published: Jun 23, 1992. Publicly Released: Jun 23, 1992.
GAO discussed the Internal Revenue Service's (IRS) efforts to use large cash payment reports (Form 8300) in its enforcement programs to identify persons that have not filed tax returns or reported all of their income. GAO noted that: (1) over one-third of the forms filed either had no tax identification number or an incorrect number; (2) IRS is developing an automated method to allow businesses to...
Tax Policy: Refund Offset Program Benefits Appear to Exceed Costs
GGD-91-64: Published: May 14, 1991. Publicly Released: May 14, 1991.
Pursuant to a congressional request, GAO: (1) evaluated the effects of the Internal Revenue Service's (IRS) Refund Offset Program on the filing behavior of guaranteed student loan defaulters; and (2) compared the program's estimated benefits resulting from increased debt collections with the program's estimated costs.GAO found that: (1) offsetting refunds for the nonpayment of student loan debts i...
Tax Administration: IRS Can Improve Its Program to Find Taxpayers Who Underreport Their Income
GGD-91-49: Published: Mar 13, 1991. Publicly Released: Mar 18, 1991.
Pursuant to a congressional request, GAO analyzed the productivity of the Internal Revenue Service's (IRS) program for detecting and pursuing individuals who underreported their income on required tax returns.GAO found that: (1) IRS opened potential underreporter cases when tax returns failed to computer-match information returns and only pursued these cases through its service centers when the ca...
Tax Administration: IRS Does Not Investigate Most High-Income Nonfilers
GGD-91-36: Published: Mar 13, 1991. Publicly Released: Mar 18, 1991.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) program for detecting and pursuing individuals with income over $100,000 who failed to file required tax returns.GAO found that: (1) IRS did not fully investigate or assess taxes for high-income nonfilers who did not respond to its notices on unfiled tax returns; (2) even if high-income nonfilers eventually file...
IRS' Compliance Programs to Reduce the Tax Gap
T-GGD-91-11: Published: Mar 13, 1991. Publicly Released: Mar 13, 1991.
GAO discussed Internal Revenue Service (IRS) compliance programs to reduce the tax gap. GAO noted that: (1) in 1988, IRS estimated the gross tax gap to be $84.9 billion for 1987 and projected that it would reach $113.7 billion by 1992; (2) IRS estimated that nonfilers accounted for $7 billion and underreporters accounted for $48 billion of the 1987 tax gap; (3) IRS could improve its use of informa...