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PUBLIC MARKS from adfunk with tags financial & washington

16 July 2006 08:30

IRS costs government $200 million for software error

The Internal Revenue Service cost the government $200 million to $300 million this year because a computer program that screens tax returns for fraudulent refunds wasn’t operating. The tax agency said Friday that a contractor promised to deliver by January a new version of a program, used since 1996, that searches for signs of fraud in every tax