April 26, 2011

How Safe is Your Federal Tax Return Information?

The Internal Revenue Service (IRS) collects and maintains a significant amount of personal and financial information on each American taxpayer. But a recent report from the U.S. Government Accountability Office (GAO) found a number of security weaknesses in IRS systems and procedures that put sensitive information at an increased risk of unauthorized disclosure or destruction.

As part of its annual audit of the IRS, the GAO found that it had failed to correct 74% of previously reported weaknesses. And the GAO identified 37 new vulnerabilities in this year’s audit that could jeopardize the confidentiality, integrity, and availability of sensitive taxpayer information.

You can learn more about the report’s findings in this audio interview with GAO staff.