Troubling Returns

As of Sept. 30, 2003, five IRS modernization components were behind schedule and over budget-by more than $266 million.

Component Over Budget
(million $)
Past Due
(months)
Modernized e-File
Lets taxpayers file online
17 4.5
e-Services
Electronic services for accountants and tax preparers
86 18
Customer Account Data Engine
Master file of taxpayer records, the backbone of modernization
37 30
Custodial Accounting Project
Tax revenue accounting system
72 20
Integrated Financial System
Internal IRS accounting system
54 12

Source: GAO, IRS

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