One of the worst kept secrets about the Internal Revenue Service is that their computer systems are old, very old. In fact, the IRS was one of the first major institutions to implement and use computers on a large scale back in the 1960s. Unfortunately for them, and fortunately for many taxpayers, the IRS still uses computer systems that are backward compatible to some of those archaic systems. As such, and due to a general lack of funding, the IRS’s computers are significantly less advanced than most modern banks, businesses, and government agencies.
IRS audits allow the US government to verify the information submitted on tax returns. Find news and information about how to protect your interests.