Washington -- The General Accounting Office issued a series of some 15 recommendations to the Internal Revenue Service on how the service could hone its internal controls and related procedures.
The investigative arm of Congress focused on some 10 areas of concern the IRS needed to address, including such items as safeguarding of tax receipts, budgeting, “candling” (a process used to determine if contents remain in open envelopes), physical security, overpayments to employees’ Thrift Savings Plan and financial statement disclosures.
The GAO, which initially addressed the issues in question in its 2003 audit of the IRS, subsequently issued its list of recommendations the service could implement to improve efficiencies in those areas.
