ADVISORY/IRS Notices to Taxpayers Could Prove Costly.Business Editors ADVISORY... --(BUSINESS WIRE)--April 21, 2000 TOPIC: Now that most taxpayers have filed their taxes, it's time It's Time was a successful political campaign run by the Australian Labor Party (ALP) under Gough Whitlam at the 1972 election in Australia. Campaigning on the perceived need for change after 23 years of conservative (Liberal Party of Australia) government, Labor put forward a for the Internal Revenue Service to send out notices on delinquent payments or errors made to taxpayer forms, according to according to prep. 1. As stated or indicated by; on the authority of: according to historians. 2. In keeping with: according to instructions. 3. the Associated Press. This task could prove costly for the IRS An abbreviation for the Internal Revenue Service, a federal agency charged with the responsibility of administering and enforcing internal revenue laws. , as they will spend 42 cents to $14.32 to prepare and send each notice, according to an audit conducted by the General Accounting Office. The GAO audit also found that last year, 270,000 people received extra notices even after they paid amounts due. Allegedly, payments were not recorded by the IRS in time to stop extra notices from being sent. EXPERTS: ExpertSource can offer several highly qualified experts to comment on this story: Ken Regan, president of ACS (Asynchronous Communications Server) See network access server. Services at Advanced Communications Systems, Inc. , can speak on a variety of issues dealing with information technologies and their usage in government applications. 858/450-0030 beth@mcquerter.com Jennifer Pierce, account executive at MacKenzie Communications can offer access to leading experts on personal tax planning Tax planning Devising strategies throughout the year in order to minimize tax liability, for example, by choosing a tax filing status that is most beneficial to the taxpayer. . 415/433-8200 jpearce@mackenzie-sf.com John Hewitt is CEO (1) (Chief Executive Officer) The highest individual in command of an organization. Typically the president of the company, the CEO reports to the Chairman of the Board. , president and founder of Liberty Tax Service, a major U.S. tax preparation firm. He has 30 years experience in the tax industry. 757/340-7610 john@libtax.com Professor Charles Leflar of the University of Arkansas The University of Arkansas strives to be known as a "nationally competitive, student-centered research university serving Arkansas and the world." The school recently completed its "Campaign for the 21st Century," in which the university raised more than $1 billion for the school, used studies auditing, financial accounting and tax compliance. 501/575-6616 Professor Mohammad J. Abdolmolhammadi of Bentley College studies account and auditing systems. 781/891-2976 ExpertSource cannot guarantee the immediate availability of these experts or their familiarity with this specific issue. ExpertSource, a collaboration of Business Wire and The Round Table Group, provides academic and industry experts to the media at no charge. Journalists are encouraged to submit queries to ExpertSource when seeking experts on specific subjects. An online registration form is available at the above web address. Business Wire's Media Resource Center provides working journalists many free media services. Please visit the BW Media Resource Center at (www.businesswire.com/media) for more information. |
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