Saturday, September 17, 2011
Like many Americans, the Internal Revenue Service (IRS) has a problem with storage—as in too much of it.
An audit of IRS spending found the agency has been allocating $862,000 a year to store old furniture and other equipment in warehouses. The number of items in storage? 22,486 for 18 months or more.
The money has been spent as part of a five-year, $90 million contract with URS Federal Technical Services, which moves and stores furniture for IRS offices around the country.
“While storing new or used furniture and equipment for future use may seem like a good use of taxpayer funds, the IRS needs to periodically evaluate and determine whether the storage of such items makes continued sense,” said Inspector General J. Russell George in a statement.
-Noel Brinkerhoff
IRS Faulted for High Furniture Storage Expenses (by Michael Cohn, Accounting Today)
Controls Over Costs and Building Security Related to Outsourced Office Support Services Need to Be Improved (Treasury Inspector General for Tax Administration) (pdf)
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