So the IRS got audited the other day. Sounds like a joke, I know. Here’s the punch line:
According to the report, 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.