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Search Tags: Treasury
The cybersecurity response center at the IRS is mostly working, according to a new report from the Treasury Inspector General for Tax Administration. However, in the report, Treasury Inspector General J. Russell George said that the Computer Security Incident Response Center isn't reporting every computer security incident as it's supposed to.
A new inspector general's report finds missing documentation plagues the Internal Revenue Service's process for pre-screening new hires that are often entrusted with sensitive financial information.
The federal government could save $4.4 billion over the next three decades by phasing out the $1 bill with a $1 coin, according to a new Government Accountability Office report. But the cost estimates for the first 10 years actually spell a loss for the government to the tune of $531 million.
Colleen Kelley, the president of the National Treasury Employees Union, which represents some 84,000 IRS employees, told In Depth with Francis Rose the 2013 budget request would allow IRS staff levels to increase by about 4,000 positions.
Rather than create two new agencies to tackle counterfeit merchandise and crack financial crimes, Jonathan Adler, president of the Federal Law Enforcement Officers Association, says existing agencies can do the work with additional funding.
Satisfaction went up 2.3 percent in 2011, according to the American Customer Satisfaction Index released today by Foresee. The bump comes after a decrease of 4.8 percent between 2009 and 2010.
Robert Dacey, the Government Accountability Office's chief accountant, breaks down the reasons why GAO was unable to render an opinion on the federal government's consolidated financial report.
Beginning Jan. 1, the department will discontinue paper U.S. savings bonds in favor of an all-electronic format. The move has been planned for a number of months, but Treasury "reiterated" the move this week with an announcement on its website and a timeline presenting the 76-year history of the bonds.
The Government Accountability Office said it cannot render an opinion on the federal government's 2011 consolidated financial statements due to "widespread material internal control weaknesses, significant uncertainties, and other limitations," according to a GAO release.