Federal taxes (31 - 40 of 85 items)
Tax Policy and Administration: 1995 Annual Report on GAO's Tax-Related Work
GGD-96-61: Published: Mar 8, 1996. Publicly Released: Mar 8, 1996.
Pursuant to a legislative requirement, GAO summarized its work on tax policy and administration during fiscal year (FY) 1995, including: (1) actions federal agencies took in response to its recommendations as of December 31, 1995; (2) recommendations made to Congress before and during FY 1995 that remain open; and (3) assignments for which it received authorized access to tax information.GAO noted...
Tax Administration: Audit Trends and Taxes Assessed on Large Corporations
GGD-96-6: Published: Oct 13, 1995. Publicly Released: Oct 13, 1995.
GAO reviewed the results of the Internal Revenue Service's (IRS) efforts to audit the tax returns of about 45,000 large corporations, focusing on: (1) audit trends for fiscal years 1988 through 1994; (2) the portion of taxes recommended by agents that were eventually assessed; and (3) the profiles of audited large corporations compared with those of nonaudited corporations.GAO found that: (1) for...
Other Income Reporting
GGD-95-199R: Published: Jul 19, 1995. Publicly Released: Jul 19, 1995.
GAO examined the adjustments that Internal Revenue Service (IRS) auditors made during Taxpayer Compliance Measurement Program (TCMP) audits. GAO noted that: (1) based on its 1988 TCMP, IRS estimated that 7.7 million taxpayers underreported income by over $13 billion, but the estimate may be deceptive since auditors made some erroneous audit adjustments; (2) these audit adjustments to the Other Inc...
Tax Administration: Compliance Measures and Audits of Large Corporations Need Improvement
GGD-94-70: Published: Sep 1, 1994. Publicly Released: Oct 17, 1994.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) Coordinated Examination Program (CEP) to audit the largest corporations' tax returns, focusing on: (1) whether large corporations pay all the taxes they owe; (2) the amount of additional taxes collected after appeals and litigation; (3) factors that reduce the amounts collected; and (4) the status of ongoing cha...
Tax Administration: Selected IRS Forms, Publications, and Notices Could Be Improved
GGD-93-72: Published: Apr 30, 1993. Publicly Released: Jun 1, 1993.
Pursuant to a congressional request, GAO: (1) assessed the accuracy of Internal Revenue Service (IRS) forms, publications, and notices; and (2) examined the usefulness of taxpayer assistance telephone numbers that IRS provides on these documents.GAO found that: (1) the 13 forms and 4 publications reviewed were generally accurate and conformed with IRS guidance; (2) there were some forms and public...
Federal Tax Deposit System: IRS Can Improve the Federal Tax Deposit System
AFMD-93-40: Published: Apr 28, 1993. Publicly Released: Apr 28, 1993.
GAO reviewed the Internal Revenue Service's (IRS): (1) accounting and payment data collection procedures for the federal tax deposit (FTD) system; and (2) efforts, with the Financial Management Service (FMS), to modernize the FTD collection process.GAO found that: (1) the FTD system has created undue taxpayer burden and reduced IRS productivity because accounting and payment data are reported sepa...
GGD-93-38R: Published: Apr 27, 1993. Publicly Released: Apr 27, 1993.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) revision of interim letters that did not acknowledge payments the recipients made. GAO found that: (1) IRS has not solved the nonacknowledgement problem, since it has directed only one service center functional area to correct its procedures for corresponding with taxpayers; (2) at the service center reviewed, t...
Tax Administration: Delayed Tax Deposits Continue to Cause Lost Interest for the Government
GGD-93-64: Published: Mar 22, 1993. Publicly Released: Mar 22, 1993.
Pursuant to a congressional request, GAO provided information on the timeliness of Internal Revenue Service (IRS) deposits of tax payments, focusing on: (1) how delays in tax payment deposits affect lost interest; and (2) IRS efforts to reduce deposit delays.GAO found that: (1) in 1992, two IRS service centers averaged 6.2 days to deposit $5.2 billion in tax payments received from individual tax r...
Tax Administration: Opportunities to Increase the Use of Electronic Filing
GGD-93-40: Published: Jan 22, 1993. Publicly Released: Jan 29, 1993.
Pursuant to a congressional request, GAO discussed steps the Internal Revenue Service (IRS) can take to increase the use of electronic filing.GAO found that: (1) electronic filing appeals to taxpayers who are most in need of their refunds and who seem least able to afford the cost; (2) the median fee for preparing a tax return is $70, the median fee for filing it electronically is $22, and the med...
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...