What GAO Found
During its audit of the Internal Revenue Service’s (IRS) fiscal years 2017 and 2016 financial statements, GAO identified a new control deficiency involving the timely correction and posting of tax transactions to taxpayer accounts that contributed to IRS’s continuing material weakness in internal control over unpaid assessments as of September 30, 2017. GAO also identified another new deficiency related to the monitoring of internal control activities for safeguarding taxpayer receipts and associated information. Although not considered material weaknesses or significant deficiencies, these new deficiencies nonetheless warrant IRS management’s attention.
GAO is making 2 new recommendations to address the control deficiency…
