Irony alert: IRS fails government audit

Getting audited is such a hassle! Just ask the IRS.

A new report from the Government Accountability Office inspected the tax agency's financial statements from the 2009 fiscal year with the exacting thoroughness of, well, of an IRS auditor, and found a few billion-dollar errors.

According to the report (PDF), the IRS made a variety of accounting errors last year that "could adversely affect the reliability of its financial statements" and result in "duplicate or erroneous refunds." Among the mistakes were a "failure to record the receipt of a taxpayer’s $3 million payment" and an $8 billion discrepancy between two accounting systems tracking how much money taxpayers owe. The audit also found a $5.1 billion "unexplained variance" between the total amount the agency took in last year and the amount its detailed tax files said it took in.

But what's a few billion here or there, right?

In truth, the shortcomings are all relatively minor infractions given the size of the IRS, and don't materially affect its performance of its duties. And you'll find similar lapses in virtually any close examination of a huge bureaucracy.

But it's still good to know that the IRS had to go through it, if only so it can empathize with the American taxpayer.

— John Cook is a senior national affairs reporter for the Yahoo! News blog.

Views: 62

Comment

You need to be a member of 12160 Social Network to add comments!

Join 12160 Social Network

Comment by youhavetoforgiveme on July 1, 2010 at 2:50pm
How ironic....ya think maybe we should call fairtax.org?

"Destroying the New World Order"

TOP CONTENT THIS WEEK

THANK YOU FOR SUPPORTING THE SITE!

mobile page

12160.info/m

12160 Administrators

 

Latest Activity

tjdavis posted a photo
28 minutes ago
Doc Vega commented on Doc Vega's blog post Americans You’re Being Squeezed Out!
"Cheeki kea always nice to her you chime in and you're damn right! "
14 hours ago
Doc Vega commented on Doc Vega's blog post Americans You’re Being Squeezed Out!
"Les Prone thanks for your support Dude! "
14 hours ago
Doc Vega posted blog posts
15 hours ago
Doc Vega posted a photo

The inconvenient truth

Trump spells it out!
18 hours ago
Sandy posted a photo
yesterday
Less Prone favorited Doc Vega's blog post What Made the Founding Fathers of America so Brilliant?
yesterday
Less Prone commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Motives of Joe, to shit in the well by showing totally irrelevant proof?"
yesterday
Doc Vega commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Less, Motives of Wyatt or Joe? What archeologist wouldn't want proof of Jesus as part of his…"
yesterday
Doc Vega commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"Less Prone, Considering Joe Rogan to be the gatekeeper of anything is just short of ridiculous the…"
yesterday
MAC posted a video

Don't Go To Hong Kong Now (Even on Connecting Flights)

Secure your privacy with Surfshark! Enter coupon code laowhy86 for an extra 3 months free at https://Surfshark.deals/laowhy86Article 23 in Hong Kong is real,...
yesterday
cheeki kea commented on cheeki kea's video
Thumbnail

Terrorist Attack on Moscow - Ukraine Committing Suicide? | Larry C. Johnson

"...And I guess I'll just park this you tube here also for something to ponder from last year.…"
yesterday
tjdavis posted photos
Tuesday
Less Prone posted a video

Climate: The Movie (The Cold Truth) NL

Deze nieuwe documentaire van de Britse filmmaker Martin Durkin toont aan dat klimaatalarm een verzonnen doembeeld is zonder enige wetenschappelijke basis. He...
Monday
Less Prone commented on Doc Vega's blog post Why didn't the Archeological World Announce Proof that Jesus Lived?
"It can be true, but why isn't he offering real evidence? What are his motives?"
Monday
Less Prone favorited Doc Vega's blog post Americans You’re Being Squeezed Out!
Monday
cheeki kea favorited Less Prone's blog post Going against the stream of lies and death
Monday
cheeki kea commented on Doc Vega's blog post Americans You’re Being Squeezed Out!
"You're spot on in regards to the the real estate component of this mass migrant mess Doc V and…"
Monday
cheeki kea commented on cheeki kea's video
Thumbnail

Terrorist Attack on Moscow - Ukraine Committing Suicide? | Larry C. Johnson

"This video out 2 days ago but the 4 terrorists already caught and 11 others involved identified…"
Monday
cheeki kea posted a video

Terrorist Attack on Moscow - Ukraine Committing Suicide? | Larry C. Johnson

Larry C. Johnson is a veteran of the CIA and the State Department’s Office of Counter Terrorism. He is the founder and managing partner of BERG Associates, w...
Monday

© 2024   Created by truth.   Powered by

Badges  |  Report an Issue  |  Terms of Service

content and site copyright 12160.info 2007-2019 - all rights reserved. unless otherwise noted