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IRS Slammed by Audit: May Have ‘Erroneously Paid’ Contractors $927,992

Home - by - December 1, 2012 - 15:00 America/New_York - 4 Comments

CNS News

An inspector general charged with reviewing the Internal Revenue Service’s use of $208 million in funds from the American Recovery and Reinvestment Act of 2009 estimates that the IRS may have “erroneously paid” almost $1 million to contractors.

“Our review of a statistically valid sample of $1 million in labor charges identified that the IRS did not have documentation supporting $394,430 of the invoiced labor hours that were procedures, plans to review the labor charges paid,” said the audit.

“Applying the results of our analysis to the $5.3 million in labor charges for the procurement in which unsupported payments were identified,” said the audit, “TIGTA estimates a total of $927,992 may have been erroneously paid. IRS Contracting Officer’s Technical Representatives (COTR) did not obtain required documentation supporting all billed labor charges. The unsupported labor charges relate to work performed by contractor and subcontractor employees.”

 

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» 4 Comments

  1. Stranded in Sonoma

    December 1st, 2012

    So THAT’S where my $927,992 went to! Just send me the check, boys. No hard feelings.

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  2. Tim

    December 1st, 2012

    Corruption parading as incompetence.

    The Hallmark of this mal-Administration.

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  3. MaryfromMarin

    December 1st, 2012

    Chump change for this administration. How about the billions we have overpaid terrorists across the Middle East?

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  4. Rick

    December 1st, 2012

    Pickin’ the fly-shit outta the pepper.

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