Word: audits
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...Playing audit roulette...
...denies that eleventh-hour filing can help beat the odds in audit roulette. Says Spokesman Larry Batdorf:"The computer does not select tax forms for audit at random. It is programmed to pick out certain kinds of forms regardless of who files them or when they are filed." The IRS also says that it does not make any effort to gear up for an unusual mid-April landslide...
Actually, the IRS is virtually choked with paperwork; last year alone its overburdened staff and computers received 93,143,000 individual tax returns and 547 million documents. The agency was able to audit only 2.02% of the returns. The 2,267 cases it recommended for criminal prosecution in 1980 represented fewer than three out of every 100,000 individual returns and was well below the number of potential cases that could be brought against tax cheaters. Says former IRS Agent Philip Storrer: "The agency is falling further and further behind in their audits. They don't have a large...
Although the University's Internal Audit department has yet to issue refunds to spring customers of the defunct and bankrupt Harvard Delivery News Service, officials at the New York Times and the Boston Globe said this week that service will start up again on March 4. The Crimson will deliver the newspapers for a three-month trial period...
Twenty minutes later, Allen is replaced by Press Secretary James Brady and Max Friedersdorf, chief of congres sional liaison. Brady wants Reagan to drop into the press room later that day to help publicize the release of an Administration "audit" of the state of the economy. Reagan readily agrees. Friedersdorf tells Reagan that Congress will again postpone the proposed pay increase for se nior Government officials. "That's too bad," Reagan remarks. "I guess it has to be, under the circumstances...