Recovery Act
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.IRS Quickly Implemented Tax Provisions, But Reporting and Enforcements Improvements are Needed Michael Brostek ... of Form 990, aSupplemental Information on Tax-Exempt Bonds, a may increase compliance over the life of bonds because government ... Accordingly, Schedule K and its instructions ask for a description of the bonda#39;s purposea constructing a hospital or acquiring office equipment areanbsp;...
| Title | : | Recovery Act |
| Author | : | Michael Brostek |
| Publisher | : | DIANE Publishing - 2010-08 |
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