Question: What audit function does the information matching program perform? Multiple choice question. The program checks the tax return for unusually large deductions relative to the

What audit function does the information matching program perform?
Multiple choice question.
The program checks the tax return for unusually large deductions relative to the amount of income reported on the return.
The program allows individuals to anonymously report noncompliance of other taxpayers.
This program checks the tax return for mathematical and tax calculation errors.
This program matches the information on the tax return to information reported to the IRS by third-parties.

Step by Step Solution

There are 3 Steps involved in it

1 Expert Approved Answer
Step: 1 Unlock blur-text-image
Question Has Been Solved by an Expert!

Get step-by-step solutions from verified subject matter experts

Step: 2 Unlock
Step: 3 Unlock

Students Have Also Explored These Related Accounting Questions!