... What GAO Found
United States Government Accountability Office
Why GAO Did This Study
Highlight s
Accountability Integrity Reliability
www .gao. gov/cgi-bin/getrpt ?GAO- 05-103.
To view the ... GAO- 05-103, a report to the
Secretary of the Treasury
November 2004
FINANCIAL AUDIT
IRS's Fiscal Years 2004 and 2003
Financial Statements
In GAO...
... credit.
In at least 4 of the 13 cases in which liens were not released timely, the
release was delayed either because IRS failed to post payments made by
the taxpayer to the taxpayer’s account ... fiscal year
2004, we found 13 instances in which IRS did not release the applicable
federal tax lien within the statutorily mandated 30 days. The time between
satisfaction o...