As part of efforts to ensure the accuracy of Social Security numbers on wage statements, the Internal Revenue Service should consider revising its rules for waiving the penalties associated with filing statements with inaccurate numbers, the Government Accountability Office said this week.
The IRS has the capability to identify employers who file wage statements with inaccurate SSNs; however, it doesn't have a dedicated compliance program to penalize employers who file wage statements that contain inaccurate Social Security numbers, according to a GAO report released this week.
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