Federal taxes (61 - 70 of 85 items)
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...
Tax System Modernization: IRS' Efforts to Improve Taxpayer Correspondence
IMTEC-90-26: Published: Mar 22, 1990. Publicly Released: Apr 23, 1990.
Pursuant to a congressional request, GAO reviewed how the Internal Revenue Service's (IRS) Tax System Modernization program will improve its handling of the large taxpayer correspondence inventory.GAO found that: (1) modernization support for tracking and controlling correspondence is scheduled to begin in late 1992; (2) the project was aimed at reducing unanswered correspondence inventory and pro...
IRS Can Use Tax Gap Data to Improve Its Programs for Reducing Noncompliance
T-GGD-90-32: Published: Apr 19, 1990. Publicly Released: Apr 19, 1990.
GAO discussed Internal Revenue Service (IRS) efforts to reduce the tax gap, defined as the difference between the amount of income taxes that taxpayers owe and the amount they voluntarily pay. GAO noted that: (1) IRS estimated that the gross tax gap was $84.9 billion for 1987 and would reach $113.7 billion by 1992; (2) sole proprietors, informal suppliers, small corporations with assets under $10...
Tax Administration: Profiles of Major Components of the Tax Gap
GGD-90-53BR: Published: Apr 4, 1990. Publicly Released: Apr 19, 1990.
Pursuant to a congressional request, GAO assessed the Internal Revenue Service's (IRS) gross tax gap estimates for 1987.GAO found that: (1) for 1987, IRS estimated the tax gap to be $84.9 billion; (2) sole proprietors underpaid 23 percent of their tax liability, which reflected both unreported income and overstated business reductions; (3) informal suppliers failed to report $7.7 billion in income...
Tax Policy: Uncertain Impact of Repealing the Deferral for Reinvested Shipping Income
GGD-90-35: Published: Mar 26, 1990. Publicly Released: Mar 30, 1990.
Pursuant to a congressional request, GAO reviewed the effects of repealing the tax deferral for foreign-earned shipping income, focusing on the: (1) generation of additional tax revenues; and (2) availability of merchant ships planned for use in national emergencies.GAO found that: (1) since the passage of the Tax Reform Act of 1986, foreign-based shipping income had increasingly been subjected to...
IRS' Budget Request for Fiscal Year 1991 and Status of the 1990 Tax Return Filing Season
T-GGD-90-26: Published: Mar 22, 1990. Publicly Released: Mar 22, 1990.
GAO discussed the Internal Revenue Service's (IRS): (1) current fiscal condition; and (2) budget request for fiscal year (FY) 1991. GAO noted that: (1) IRS strengthened its spending controls to improve resource management; (2) the IRS FY 1991 budget included initiatives intended to increase revenues by $3 billion, and represented a 12-percent increase over FY 1990; (3) due to 2 years of funding sh...
Tax Policy and Administration: 1989 Annual Report on GAO's Tax-Related Work
GGD-90-46: Published: Mar 16, 1990. Publicly Released: Mar 16, 1990.
Pursuant to a legislative requirement, GAO presented its annual report for fiscal year 1989 on its work on tax policy and administration matters, including such information as: (1) summaries of tax-related products issued in 1989; (2) summaries of tax-related products issued before 1989 with open recommendations to Congress; (3) descriptions of legislative actions taken in 1989 in response to GAO...
Tax Administration: IRS Needs to Improve Distribution of Tax Materials to the Public
GGD-90-34: Published: Jan 10, 1990. Publicly Released: Jan 10, 1990.
Pursuant to a congressional request, GAO assessed the availability of tax materials at Internal Revenue Service (IRS) distribution centers and walk-in offices during the 1989 tax filing season.GAO found that: (1) 18 of 24 walk-in sites monitored early in the filing season were missing an average of 15 percent of 79 IRS-required forms and publications and an average of 22 percent of a sample of opt...
Tax Policy: Options for Civil Penalty Reform
GGD-89-81: Published: Sep 6, 1989. Publicly Released: Oct 11, 1989.
Pursuant to a congressional request, GAO analyzed changes to the civil penalty provisions of the Internal Revenue Code proposed in a congressional bill and an Internal Revenue Service (IRS) report, focusing on whether the economic value of the penalty, its potential coverage, and its assessment criteria could effectively motivate taxpayer compliance and deter noncompliance.GAO found that: (1) both...
Tax Administration: IRS' Interpretative Guidance Implementing the Tax Reform Act
GGD-89-40: Published: Jun 19, 1989. Publicly Released: Jun 19, 1989.
Pursuant to a congressional request, GAO provided information on the Internal Revenue Service's (IRS) provision to taxpayers of interpretative guidance regarding the implementation of the Tax Reform Act of 1986.GAO found that IRS: (1) developed an implementation plan involving the publication of 135 regulations, 25 revenue rulings, 13 revenue procedures, 33 notices, and 11 announcements to provide...