Show Timely Tax Tips I Tax Consultant By W. J. Martin 5 in a WHAT'S AHEAD IN TAXES The Mechanical The Revenue Services teeth for the tax its automatic data processing system is setting its sights on 1960 Hardest hit by the system will be the taxpayer who fails to report all his income all items which the Revenue Service thinks are the taxpayer who files no return at all had better watch Both kinds of tax payers could be unearthed through machine check of information returns or other documents recording payments WHOSE RETURNS and Many taxpayers and should-be taxpayers are affected right that on the returns they file for this year The new system will go into operation in some states In January and expected to start on 1960 The new system will be gradually year by until it blankets the nation by What the new system will do In the machines will compare the income a taxpayer reports on his income tax return with the payments others report they made to will match the individual's return against data in Information Return Forms required to be filed by those making various kinds of payments during the taxable |