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HEARING BEFORE THE COMMITTEE ON WAYS AND MEANS U.S. HOUSE OF REPRESENTATIVES IRS TARGETING OF APPLICANTS FOR TAX-EXEMPT STATUSTestimony of The Honorable J. Russell George Treasury Inspector General
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01
Gather all the necessary information and documents required for the IRS targeting of applicants. This may include personal identification, tax returns, employment information, and financial statements.
02
Carefully review the instructions provided by the IRS for filling out the targeting form. Ensure that you understand the requirements and any specific guidelines for completing the form accurately.
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Start by entering your personal information accurately, including your full name, social security number, and contact details. Double-check the information to avoid any potential errors.
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Complete the sections that require detailed information about your income, assets, and liabilities. This may involve providing information about your employment, investments, property, loans, and other financial aspects.
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Take the time to review all the information you have entered to ensure accuracy and completeness. Any mistakes or missing information can result in delays or complications in the processing of your application.
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Sign and date the form as required and make a copy for your records before submitting it to the IRS. It is advisable to send the form via certified mail or use a secure electronic filing method to track its delivery and ensure its receipt by the IRS.

Who needs IRS targeting of applicants?

01
Individuals or businesses that are required to report specific financial information to the IRS may need to fill out the targeting of applicants form. This may include taxpayers with high-income levels, complex financial transactions, or certain types of investments.
02
Applicants who are seeking tax-exempt status for their organizations or foundations may also be required to complete the targeting form as part of the application process.
03
Individuals or businesses that have been identified by the IRS for a targeted examination or audit may need to fill out the targeting of applicants form to provide additional information or documentation relevant to the examination.
Note: Remember to consult with a tax professional or the IRS directly for specific guidance and instructions tailored to your individual situation.
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IRS targeting of applicants refers to the selection process used by the Internal Revenue Service to identify individuals or organizations for closer examination or audit.
Individuals or organizations who meet certain criteria set by the IRS may be required to file irs targeting of applicants.
To fill out irs targeting of applicants, individuals or organizations must provide detailed information requested by the IRS about their financial activities.
The purpose of irs targeting of applicants is to ensure compliance with tax laws and regulations by identifying potential non-compliance or fraud.
Information such as income, expenses, deductions, credits, and any other financial transactions must be reported on irs targeting of applicants.
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