Word: audits
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Dates: during 1960-1969
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Lodge accepted this proposal, but also asked for "an extensive overhaul of the machinery of government," including abolition of the Governor's Council, a "rejuvenation" of the civil service, a public audit of the books of all state Authorities, and the establishment of a short ballot by making the offices of Secretary of State and Treasurer, among others, appointive...
...Dreaded Audit. For most taxpayers, the arithmetic check is the last made on their returns. But the IRS selects about 5% of all the returns for more thorough checking-the dreaded audit. The criteria used for auditing are as closely guarded as the formula for Coca-Cola, vary from year to year to keep the taxpayer off guard. Those who have run into trouble in a previous year almost invariably get a second or third look. Upper bracket incomes get special scrutiny, and if a taxpayer makes more than $25,000 a year, the odds are 1 in 4 that...
Caplin believes that much more than the tax form needs change. He has introduced something called a "quality audit," which he hopes will raise a lot more money. Revenue agents used to go over large numbers of returns, generally stopped auditing when they found one violation or error. But the IRS believes that some taxpayers, particularly businessmen, throw in an easy-to-spot violation as bait to get the audit over with while hiding the really important evasion...
...quality audit, such returns get a thorough going-over by agents under no pressure to run up numbers...
...Council will be done through five permanent standing committees. The Committee on Educational Policy, which last year issued a report on the Sophomore Standing program, will be retained, and a new Committee for course Re-evaluation added. The purpose of the second committee is to provide "a continuous audit of course instruction and content," the report states...