IRS Gives Away $318 Million Because Of Bungled Software Upgrade
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TechWeb - A government report is blaming a botched software project for the loss of $318 million, which the IRS mistakenly paid in bad tax refunds.
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$6 million...$30 million...$500,000...These are the real savings companies are reporting by transforming their powerful, secure Legacy systems into flexible SOA applications that meet the changing needs of their business. Before going down the road of "ripping and replacing" your valuable Legacy systems, join us and hear from the experts on how you can have the best of both worlds by integrating your Legacy with your SOA...and save your company millions at the same time. It's not as hard as you think. In this expert panel webcast, you'll learn: - Why CIOs are turning away from the hidden costs and complexities of re-writing their Legacy apps on new platforms- How to integrate your Legacy apps with your SOA and improve process efficiency throughout your company- How one CIO is adding up to 15 years to his Legacy systems, easily managing 1,500 web services, and eliminating hundreds of inefficient processes
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The Internal Revenue Service is looking for a few taxpayers -- no it is not for overdue taxes -- the agency says it has nearly $767,000 in tax refund checks that could NOT be delivered to about 1,096 Alabamians.
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The Internal Revenue Service gave away $318 million in improper refunds this year because a computer program that screens tax returns for fraud wasn't working, according to a report released Friday.
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An IRS move will prove taxing for H&R Block and Jackson Hewitt.
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BSA hands out the fines Three US financial services firms have paid large fines for using unlicensed software in their offices.â¦
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Intuit tweaks personal finance tool's usability, but update isn't essential if you're running a recent version.
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Experts are concerned that data may not being properly protected by the IRS and that a massive data loss by the agency, similar to the one last month by the U.K.'s Revenue and Customs office, could disrupt the nation's banking system.
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Blog: Database issues are hampering some upgrades to Adobe Photoshop Lightroom 1.1.
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A phishing attack that masquerades as a troubling letter from the IRS is making the rounds, according to the Department of Justice.
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But users of the popular compression tool will need to upgrade to version 9 of the software.
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More than &#36;1 billion in federal aid to help schools and libraries connect to the Internet is being delayed by a bookkeeping change that has tied up the money.
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Rebates, patches, and audits -- what you need to know.
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OS security fix is being rolled out to users who have enabled Automatic Updates.
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An accounting change that could cost schools and libraries an estimated &#36;1 billion in aid drew fire Tuesday from senators who said they were blindsided by the move.
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Â· Systems failure on busiest day of the tax yearÂ· Self-assessment deadline extended by one day
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The open-source veteran is finding out the hard way that some income statements can be tricky.