Do you tend to lose paper
work?
*
2,000,000
– The number of documents that will be lost by the IRS this
year.
More than 80 million people call the I.R.S.
Information Hotline phone number every year. One-third of those
calls go unanswered. And, according to the Treasury Department
itself, 47 percent of the answers the 'get-through' callers receive
are incorrect.
Do you have any
enemies?
3200 = The number of
threats and assaults IRS agents experienced over a five year
period.
It costs $13.7 billion to run the IRS
annually.
17,000 = The number of
pages in the current Tax Law.
5,557,000 = The number of
words in the income tax laws.
569 = The number of
tax forms available.
If the IRS lined up each paper it received,
it would circle the globe 36 times, every
year!
293,760 = The number of
trees it takes each year to supply the 8 billion pages of paper used
to file income taxes.
653
= The number of minutes (nearly 11 hours) the IRS estimates it takes
to fill out a 1040 form.
72
= The number of inches of height of the stack of tax forms in the
Chrysler Corporation's tax return.
Can you say, “Balance Your
Checkbook”?
$24,000,000,000
= The difference between what corporations said they owed and what
the IRS said they owed in 1992 -- a gap the government admits is due
to ambiguity and complexity in the code.
Do you trust your Account / Tax
Preparer?
46
= The number of wrong answers Money magazine received in 1998 when
it asked 46 different tax experts to estimate a hypothetical
family's 1997 tax liability.
$34,672
= The difference in liability between the highest and lowest
incorrect answers among the 46 professionals who failed to calculate
the tax liability of Money magazine's hypothetical family.
$610
= The amount the hypothetical family would have overpaid on its 1997
taxes if it had used the answer that came closest to the actual tax
liability (assuming, of course, that Money magazine's expert had
filled out the tax return correctly).
45
= The number of professional tax preparers who came up with
different answers when asked by Money magazine in 1997 to fill out a
hypothetical family's 1996 tax return.
45
= The number of professional tax preparers who came up with wrong
answers when asked by Money magazine in 1997 to fill out a
hypothetical family's 1996 tax return.
76
= The percentage of professional tax preparers who missed the right
answer by more than $1,000.
$58,116
= The difference between the lowest estimate of the family's tax
bill and the highest estimate in Money's survey of tax
professionals.
$81
= The average hourly fee charged by the professional preparers who
came up with the 45 wrong answers.
Are you one of these?
$127,000,000,000
= The amount of taxes not paid as a result of tax
evasion.
10,000,000
= The number of people who unlawfully do not file tax
returns.
3,500,000
= The number of people who do not file who would be eligible for
refunds. Perhaps more than any other number, the millions of people
who fail to file in order to claim their tax refunds reveals just
how intimidating the tax code has become.
25
= The percentage of households with incomes over $50,000 that would
pay an inaccurate assessment from the IRS rather than
fight.
-The IRS is quite strict with taxpayers who make mistakes,
but the following examples illustrate that it would have a hard time
living up to the standards imposed on
taxpayers.
1,300
= The number of IRS employees investigated and/or disciplined for
improperly viewing the tax returns of friends, neighbors, and
others.
50
= The percentage of top IRS managers who admitted they would use
their position to intimidate personal enemies.
80
= The number of IRS agents referred for criminal investigation on
charges of taking kickbacks for fraudulent refund
checks.
109
= The number of envelopes containing unprocessed information found
in the trash at the IRS's Philadelphia Service
Center.