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Double Standard

BlackFin Files Fast, Reverses Levy_featuredIf your business records were lost because your computer crashed, the IRS would have little sympathy.

Interestingly enough, they appear to have a problem themselves in this area.

In a recent report from the Treasury Department, it was revealed that the IRS did not have sufficient backup of taxpayer records. They also had no plan in place to remedy this.

“If the data is not backed up properly, a possibility exists that all taxpayer and management information could be lost and become unrecoverable,” said a press release from the Treasury Inspector General for Tax Administration.

 

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