... financial management system intended to
resolve many of these problems and is presently implementing the first
phase of a major component ofthe system the Integrated Financial System
(IFS). IRS’s ...
concerning the timely release of tax liens and the structure of installment
agreements it enters into with taxpayers. Recently enacted legislation
modifying the legal requirements regarding the structuring ... implications for the reliability of financial management
information produced by the new financial management systems being
implemented.
Because ofthe significance of
Internal Revenue...
... our audit of IRS’s fiscal year 1999 financial statements,
we found that IRS did not always release the applicable federal tax lien
within 30 days ofthe tax liability being either paid off or ... credit.
In at least 4 ofthe 13 cases in which liens were not released timely, the
release was delayed either because IRS failed to post payments made by
the taxpayer to the taxpayer’s account ... time between
satisfaction ofthe liability and release ofthe lien ranged from 34 days to
more than 2,100 days. Based on our work, we estimate that for 22 percent
of unpaid tax assessment cases...
... a
GAO
United States Government Accountability Office
Report to theSecretaryofthe Treasury
November 2004
FINANCIAL AUDIT
Bureau ofthe Public
Debt’s Fiscal Years
2004 and 2003
Schedules of...
... a
GAO
United States General Accounting Office
Report to theSecretaryofthe Treasury
February 2002
FINANCIAL AUDIT
Bureau ofthe Public
Debt’s Fiscal Years
2001 and 2000
Schedules of Federal...
...
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Address Correction ... Overview, Schedules, and Notes
Page 21 GAO-02-354 Schedules of Federal Debt
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... sending copies to the
Fiscal Assistant Secretaryofthe Treasury, the Director of OMB, the
Deputy Director for Management of OMB, and the Acting Controller of
OMB’s Office of Federal Financial ...
process to begin with the
fiscal year 2004 CFS, the
Secretary oftheTreasury
should direct the Fiscal
Assistant Secretary, in
coordination with the
Controller ofthe Office of
Management and ... appendix. This appendix includes the status ofthe
56 remaining open recommendations, according to the Department ofthe
Treasury (Treasury) and the Office of Management and Budget (OMB), as...