Tax nonpayment (41 - 49 of 49 items)
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...
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...
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...
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...
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...
Further Research Into Noncompliance Is Needed To Reduce Growing Tax Losses
GGD-82-34: Published: Jul 23, 1982. Publicly Released: Jul 23, 1982.
The federal government is losing billions of dollars in tax revenues annually because individuals are not complying with U.S. tax laws. There is a growing trend toward disregard for the principle of voluntary tax compliance, a trend which the Internal Revenue Service (IRS) estimates increased tax revenue losses from $12 billion in 1976 to at least $20 billion in 1980.GAO found that IRS needs more...
IRS' Audits of Individual Taxpayers and Its Audit Quality Control System Need To Be Better
GGD-79-59: Published: Aug 15, 1979. Publicly Released: Sep 14, 1979.
The quality of the Internal Revenue Services (IRS) audits of taxpayers' individual income tax returns needs to be improved. When IRS does less than quality audits some taxpayers may pay more than they owe, tax revenues may be lost, and voluntary compliance may suffer.The IRS system for identifying and correcting less than quality audits is not as effective as it should be. In fact, the system led...