United States Government Publishing Office publisher pbl distributor dst United States Government Accountability Office General Government Division author aut Government Organization text government publication eng GAOREPORTS Legislative Agency Publications gao legislative 2010-08-12 U.S. Government Printing Office 1999-08-24 monographic deposited born digital 44 p. GA 1.13:GGD-99-133 https://www.govinfo.gov/app/details/GAOREPORTS-GGD-99-133 P0b002ee1803943d6 f:gg99133 DGPO 2010-08-12 2011-03-24 GAOREPORTS-GGD-99-133 machine generated eng fdlp REPORT GAOREPORTS-GGD-99-133 GGD-99-133 Small business Tax return audits Federal taxes Tax administration Tax law Reporting requirements IRS Audit Information Management System Letter Report GGD F5600

Small businesses--a category that includes farmers and sole proprietorships and partnerships, S corporations, and corporations with assets of less than $5 million--are an important segment of taxpayers that are subjective to substantial federal tax requirements. Not only do they account for nearly half of all taxes that the Internal Revenue Service (IRS) collects each year, but they also have extensive interactions with the agency as they try to meet their tax obligations. In response to congressional interest in alleviating the burden that the federal tax system places on small businesses, GAO is issuing a series of reports on the magnitude of the burden that complying with tax obligations imposes on these business. This report determines (1) the federal filing, reporting, and deposit requirements that apply to small businesses and (2) the actual experience of small businesses in meeting these requirements, including their involvement in IRS' enforcement processes. https://www.govinfo.gov/content/pkg/GAOREPORTS-GGD-99-133/html/GAOREPORTS-GGD-99-133.htm https://www.govinfo.gov/content/pkg/GAOREPORTS-GGD-99-133/pdf/GAOREPORTS-GGD-99-133.pdf GAO/GGD-99-133 https://www.govinfo.gov/app/details/GAOREPORTS-GGD-99-133 Letter Report GAO/GGD-99-133; Tax Administration: Tax Requirements of Small Businesses; Small business Tax return audits Federal taxes Tax administration Tax law Reporting requirements IRS Audit Information Management System Title 26 Section 4221 26 U.S.C. 4221 Title 27 Part 53.179 27 CFR Part 53.179 Title 27 Part 53.134 27 CFR Part 53.134 Title 27 Part 53.135 27 CFR Part 53.135 Title 27 Part 53.133 27 CFR Part 53.133 Title 27 Part 53.132 27 CFR Part 53.132