GAO Finds 1099 Non-Reporting Is Tax Gap Problem
Mar 10th, 2009 | By Dawn R. Rivers | Category: ResearchThe GAO has released yet another tax gap report undertaken at the request of Senate Finance Committee top lawmakers Max Baucus (D-MT) and Chuck Grassley (R-IA), this time a review of payer noncompliance with 1099-MISC filing requirements. The report found that the IRS has no way of knowing how many small businesses are required to [...]
