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: 76

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

rlionhearted_3 commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
"  Scrubbed from the internet? The idiots photographed themselves!!! “Conspiracy…"
2 hours ago
rlionhearted_3 commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
2 hours ago
Doc Vega posted a blog post

A Halloween Story

 I’d made a reservation for a cabin a day before Halloween was to fall. I guess watching little…See More
7 hours ago
Less Prone favorited tjdavis's blog post The Trap
yesterday
Doc Vega's 2 blog posts were featured
yesterday
Doc Vega commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
"rlionhearted, That's a question I've asked from thevery beginning! What the hel;l was…"
Saturday
Doc Vega commented on Doc Vega's blog post The Exposure of the 9-11 attacks as an Inside Job! In Plane SITE!
"Less Prone, they are not just folling us they are killing innocent citizens and non-combatants for…"
Saturday
tjdavis posted a video

The Conformist (1970) Original Trailer [HD]

Directed by Bernardo Bertolucci. With Jean-Louis Trintignant, Stefania Sandrelli and Gastone Moschin.The Conformist Blu-ray : https://amzn.to/3QruE5FThe Conf...
Saturday
Doc Vega posted a blog post

How Ukraine Revolutionized Warfare and Stopped Putin

 A war that Vladimir Putin sold to his people that would be a cake walk that would be over in a few…See More
Friday
tjdavis posted a photo
Friday
tjdavis posted a photo
Friday
tjdavis posted a blog post
Thursday
tjdavis posted a video

Linda Moulton Howe Reopens the Antarctica Mystery With New Claims

Linda Moulton Howe has reopened a file she guarded for twenty-five years, and nearly every witness inside it is now gone. It holds testimony about Antarctica...
Thursday
tjdavis posted a photo
Thursday
Doc Vega favorited Central Scrutinizer's group Clinton For Prison!
Thursday
rlionhearted_3 commented on Sandy's photo
Thumbnail

FB_IMG_1790355245884

"There was no 6 million! See Red Cross, put Jewish deaths during WWII at 277,000! German…"
Thursday
Doc Vega posted a blog post

The De-intellectualizing of the West!

 One of the saddest aspects of reducing a society into chaos and division is propaganda, which is…See More
Wednesday
cheeki kea commented on cheeki kea's photo
Wednesday
cheeki kea posted a photo
Wednesday
tjdavis posted a video

The file of shame - Zandvoort - one of the largest covered-up paedophile scandals

Enjoy the videos and music you love, upload original content, and share it all with friends, family, and the world on YouTube.
Sep 29

© 2026   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