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Processes Do Not Ensure That Corporations Accurately Claim Carryforward General Business Credits

Report Information

Date Issued
Report Number
2015-40-012
Report Type
Audit
Joint Report
Yes
Participating OIG
Treasury Inspector General for Tax Administration
Agency Wide
Yes (agency-wide)
Questioned Costs
$0
Funds for Better Use
$0
View Report

Recommendations

The Commissioner, Small Business/Self-Employed Division, should verify whether the 3,285 corporate filers TIGTA identified as having a questionable carryforward amount are entitled to claim the carryforward amount.

The Commissioner, Small Business/Self-Employed Division, should: ********************2******************************************************2********************.
Recommendation rejected by IRS

The Commissioner, Small Business/Self-Employed Division, should develop a process to reject e-filed tax returns *********2*******************************************2**************************************, the return should be identified and sent to the Error Resolution function **********2**********************2*******************.
Recommendation rejected by IRS

The Commissioner, Wage and Investment Division, should determine whether the programming error affects paper-filed business returns and, if so, take actions to correct the programming.

The Commissioner, Small Business/Self-Employed Division, should verify whether taxes were affected for the 1,411 corporate filers TIGTA identified as having an incorrect Eligible Small Business designation.