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Recovery Act: IRS Quickly Implemented Tax Provisions, but Reporting and Enforcements Improvements are Needed
Recovery Act: IRS Quickly Implemented Tax Provisio

Our Price: $20.00
By Michael Brostek (au)
Year: 2010
Pages: 62
Binding Paperback

Product Code: 1437929184

The American Recovery and Reinvestment Act of 2009 (Recovery Act) was enacted to bolster the struggling U.S. economy at an estimated cost of $787 billion, of which more than a third was in the form of tax relief to the public. This report: (1) describes the status of the Internal Revenue Service's (IRS) implementation of Recovery Act tax provisions; (2) examines whether IRS captured or planned to capture data on the use of the provisions; (3) assesses IRS's efforts to determine potential abuse of the provisions; and (4) discusses possible lessons learned for future tax administration. Charts and tables.

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