The Crisis in Tax Administration

The Crisis in Tax Administration
Author: Henry Aaron
Publisher: Rowman & Littlefield
Total Pages: 420
Release: 2004-05-20
Genre: Political Science
ISBN: 9780815796565

People pay taxes for two reasons. On the positive side, most people recognize, even if grudgingly, that payment of tax is a duty of citizenship. On the negative side, they know that the law requires payment, that evasion is a crime, and that willful failure to pay taxes is punishable by fines or imprisonment. The practical questions for tax administration are how to strengthen each of these motives to comply with the law. How much should be spent on enforcement and how should enforcement be organized to promote these objectives and achieve the best results per dollar spent? Over the last few years, the U.S. Congress has restricted spending on tax administration, forcing the Internal Revenue Service to curtail enforcement activities, at the same time, that the number of individual filers has increased, tax rules have become more complex, and more business have become multinational operations. But if too many cases of tax evasion go undetected and unpunished, those who may have grudgingly paid their taxes may soon find it easier to join the scofflaws. These events in combination have created a genuine crisis in tax administration. The chapters in this volume evaluate the capacity of authorities to enforce the tax laws in a modern, global economy and examine the implications of failing to do so. Specific aspects of tax law, including tax shelters, issues relating to small businesses, tax software, role of tax preparers, and the objectives of tax simplification are examined in detail. The volume also builds a conceptual basis for future scholarship, with regard not only to tax administration, but also to such fundamental questions as whether taxpayers respond mostly to economic incentives or are influenced by their experiences with the filing process and what is the proper framework for evaluating the allocation of resources within the IRS.

Mission 22

Mission 22
Author: Magnus Johnson
Publisher:
Total Pages:
Release: 2017-10-29
Genre:
ISBN: 9781532351631

Fiscal Sponsorship

Fiscal Sponsorship
Author: Gregory L. Colvin
Publisher: Study Center Press
Total Pages: 108
Release: 2005
Genre: Charitable uses, trusts, and foundations
ISBN: 9781888956085

Considers earlier efforts to finance nonprofit organizations by means of "fiscal agency," the legal problems which ensued, and efforts to correct them through "fiscal sponsorship."

Business Valuations and the IRS

Business Valuations and the IRS
Author: John J. Marty
Publisher: Birch Grove Publishing
Total Pages: 852
Release: 2018-03
Genre: Health care reform
ISBN: 9781945148026

This book is the most comprehensive publication ever written for business valuers who prepare appraisals for federal tax purposes. Parts One and Two discuss IRS structure, process and conflict resolution, and Parts Three to Five address the most common adjustment areas by the IRS.

The World Factbook 2003

The World Factbook 2003
Author: United States. Central Intelligence Agency
Publisher: Potomac Books
Total Pages: 712
Release: 2003
Genre: Political Science
ISBN: 9781574886412

By intelligence officials for intelligent people

Coronavirus (Covid-19) Tax Relief - Law, Explanation & Analysis

Coronavirus (Covid-19) Tax Relief - Law, Explanation & Analysis
Author: Cch Tax Law
Publisher:
Total Pages: 0
Release: 2020
Genre: COVID-19 (Disease)
ISBN: 9780808054795

With the publication of Coronavirus (COVID-19) Tax Relief: Law, Explanation & Analysis, Wolters Kluwer is providing practitioners with a single integrated source for law and explanation of the tax provisions of the Families First Coronavirus Response Act and the Coronavirus Aid, Relief, and Economic Security (CARES) Act as well as other important guidance issued by the IRS. This volume includes the text of amended sections of the Internal Revenue Code, Congressional reports, and detailed explanations, complete with analysis and practitioner comments covering the tax provisions of these two massive Acts.