Menu Search Account

LegiStorm

Get LegiStorm App Visit Product Demo Website
» Get LegiStorm App
» Get LegiStorm Pro Free Demo

Tax Administration: Administrative Improvements Possible in IRS' Installment Agreement Program

  Premium   Download PDF Now (32 pages)
Report Type Reports and Testimonies
Report Date May 2, 1995
Report No. GGD-95-137
Subject
Summary:

This report evaluates the Internal Revenue Service's (IRS) use of installment agreements as a means for individual taxpayers to pay their tax debts. IRS changed the rules for installment agreements in April 1992 to streamline the process for taxpayers to request installment agreements and for IRS to approve them. GAO discusses (1) the increase in installment agreements following the April 1992 changes, (2) the effect that these changes had on IRS' collection activity, (3) concerns raised by IRS' internal auditors regarding these changes, and (4) information that IRS provides taxpayers on their liability under installment agreements. GAO also notes administrative practices that may provide opportunities to improve the installment agreement program and provide descriptive information on taxpayers who elect to pay past-due taxes through installment agreement procedures.

« Return to search Government Accountability Office reports