Tax nonpayment (61 - 70 of 79 items)
Comprehensive Review of Civil Penalties Needed
T-GGD-88-24: Published: Mar 31, 1988. Publicly Released: Mar 31, 1988.
GAO discussed the Internal Revenue Code's (IRC) civil penalty provisions and their enforcement. GAO noted that: (1) IRC contains nearly 150 civil penalties; and (2) the Internal Revenue Service (IRS) assessed almost 27 million penalties totalling over $14 billion in fiscal year 1987. GAO also noted that IRS plans to study its penalty provisions structure through a methodology which: (1) draws heav...
The Tax Gap
T-GGD-88-22: Published: Mar 31, 1988. Publicly Released: Mar 31, 1988.
GAO discussed the gap between the amount of income taxes that individuals and businesses owed and the amount that they voluntarily paid. GAO noted that the Internal Revenue Service's (IRS) most recent estimate showed: (1) a tax gap of $84.9 billion for tax year 1987, with individuals owing $63.5 billion, large and medium corporations owing about $16 billion, and small corporations owing about $5 b...
Tax Administration: IRS' Tax Gap Studies
GGD-88-66BR: Published: Mar 25, 1988. Publicly Released: Mar 25, 1988.
Pursuant to a congressional request, GAO provided information on the Internal Revenue Service's (IRS) studies on the tax gap, defined as the difference between the amount of income taxes individuals and businesses voluntarily pay and the amount of income taxes individuals and businesses actually owe.GAO found that the IRS 1988 tax gap study differed from its 1983 study in that it: (1) excluded tax...
The Merits of Establishing a Business Information Returns Program
T-GGD-87-4: Published: Mar 17, 1987. Publicly Released: Mar 17, 1987.
GAO discussed the feasibility of the Internal Revenue Service (IRS) implementing a business information returns program similar to the one it operates to assess the extent of individual taxpayers' noncompliance. GAO noted that: (1) under the program for individual returns, IRS conducts computer matches between information returns from various sources with filed tax returns to determine cases of in...
Tax Administration: IRS' Automated Collection System
GGD-86-120BR: Published: Jul 31, 1986. Publicly Released: Sep 2, 1986.
In response to a congressional request, GAO monitored telephone calls at four Internal Revenue Service (IRS) Automated Collection System (ACS) sites and provided: (1) a general overview of the IRS system for obtaining delinquent returns and collecting delinquent taxes; (2) a description of how ACS fits into the IRS overall collection system; and (3) the results of the monitored calls and a case an...
Data Quality: IRS' Actions To Improve the Accuracy of Non-Wage Income Data Are Vital
IMTEC-86-17: Published: Apr 21, 1986. Publicly Released: Apr 21, 1986.
Pursuant to a congressional request, GAO reviewed the Internal Revenue Service's (IRS) Information Returns Program (IRP) which monitors the accuracy of interest and dividend information that banks and other payers submit on computer tapes and disks.GAO noted that, for tax year 1983: (1) IRS manual and automated controls were inadequate to ensure accurate coding or posting of interest and dividend...
U.S. Citizens Living in Foreign Countries and Not Filing Federal Income Tax Returns
126891: May 8, 1985
Pursuant to a congressional request, GAO commented on the problem of U.S. citizens who live in foreign countries and do not file federal income tax returns. GAO stated that: (1) the Internal Revenue Service (IRS) has been hampered in its effort to quantify the extent of the problem because the Privacy Act precludes IRS from accessing certain nontax information which may be useful; and (2) there is...
Review of the Department of Finance and Revenue's Administration of Self-Assessed Taxes
089599: May 17, 1976
No summary is currently available...
IRS Needs To Curb Excessive Deductions for Self-Employment Retirement Plans
GGD-82-85: Published: Aug 26, 1982. Publicly Released: Aug 26, 1982.
GAO reported on the deductions which self-employed individuals have been allowed, since 1962, to contribute to retirement plans authorized by Congress, known as "Keogh plans." Because the legal requirements associated with these plans are complex, there is considerable potential for error in computing allowable deductions.GAO found that the results of the Internal Revenue Service's (IRS) 1976 Taxp...
Fictitious Tax Deposit Claims Plague IRS
GGD-81-45: Published: Apr 28, 1981. Publicly Released: Apr 28, 1981.
As a result of the current interest in cash management and the timely collection of tax revenues, GAO undertook a review of the procedures used by the Internal Revenue Service (IRS) to collect withheld taxes from employers who do not deposit the taxes, yet claim on their tax return that they made the deposits.In its review, GAO found that withheld income and social security taxes accounted for $29...