December 04, 1991
Six Organizations Win IRS Quality Awards
WASHINGTON - Representatives of six organizations that supply
taxpayers and the IRS with large numbers of income and tax data on
information documents today received the first IRS Quality Supplier
Awards.
The awards were presented for transmitting, via magnetic media,
information documents with no formatting or validity errors. The six
organizations each filed more than 500,000 information documents
without errors annually for 1989 and 1990.
Commissioner of Internal Revenue Fred Goldberg made the award
presentations here at the first meeting of the IRS Information
Reporting Advisory Committee.
Each year the IRS processes over 700 million Form 1099
information documents reporting income such as interest and
dividends, and over 200 million W-2 wage and tax statement forms.
About 50 million erroneous information returns a year enter the tax
system. There are some 34,000 transmitters of information documents,
with 278 filing over 500,000 documents a year. These 278 largest
transmitters account for 58 percent of the nearly 700 million
information documents, other than Forms W-2, filed annually.
The six transmitters cited today account for about 28 million
information returns. The correct transmission of this data helps
taxpayers file more accurate and timely returns and reduces
unnecessary contacts by the IRS.
The IRS said that the Quality Supplier Award is just one part
of the quality plan for its Information Reporting Program that
includes visiting and assisting transmitters with problems;
expending the number of seminars held at the IRS' Martinsburg,
W.Va., Computing Center, and setting up a customer service telephone
hot line, initially for transmitters in New York, Maine,
Massachusetts, Vermont, Connecticut, New Hampshire and Rhode Island.
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