Tax Administration:

IRS' Efforts to Establish a Business Information Returns Program

GGD-88-102: Published: Jul 22, 1988. Publicly Released: Aug 23, 1988.

Additional Materials:

Contact:

Office of Public Affairs
(202) 512-4800
youngc1@gao.gov

In response to a congressional request GAO discussed the Internal Revenue Service's (IRS) progress in implementing its Document Matching Program for business taxpayers.

GAO found that IRS: (1) developed a cross-reference file containing sole proprietors' social security numbers (SSN) and employer identification numbers (EIN); (2) plans to use the file to combine information returns sole proprietors file under EIN with those under SSN to match income reported on tax returns; (3) completed a pilot project which demonstrated information returns' usefulness in detecting partnership and corporate nonfilers; and (4) developed methodologies for determining the costs and benefits of a corporate document matching program. GAO belives that IRS should: (1) expand its cross-reference file to include more data on sole proprietors; (2) evaluate information from all delinquent returns obtained through nonfiler investigations of partnerships and corporations; (3) verify taxpayers' statements made during nonfiler investigations; (4) include the proper mix of personnel costs in computing the costs of a document matching program; and (5) include just the additional tax revenue that would result from using information returns to identify unreported income in calculating the benefits of the program.

Sep 13, 2016

Sep 6, 2016

Jul 29, 2016

Jul 7, 2016

Jun 27, 2016

Jun 23, 2016

Apr 19, 2016

Apr 13, 2016

Apr 7, 2016

Mar 28, 2016

Looking for more? Browse all our products here