XXXXX DRUDGE REPORT XXXXX THURSDAY, OCTOBER 28, 1999 23:55:08 ET XXXXX

IN LETTER, COMMISSIONER WARNS OF Y2K RISKS AT IRS

"The quality of the IRS's inventory currently poses a high risk to the Y2K effort," IRS commissioner Charles Rossotti declared in a letter to House Ways and Means Committee chairman Bill Archer.

The letter was obtained by INVESTOR'S BUSINESS DAILY.

IBD's John Berlau reports in an exclusive set for Friday editions that the agency has not conducted a complete Y2K inventory in many of its centers and offices.

And there are growing concerns over possible mistakes made at the IRS during its initial Y2K check.

Experts have "expressed concern that hardware and software missed on the IRS's inventory may cause failures that would hit taxpayers," writes Berlau.

Although the letter to Archer is dated Oct. 15, Rossotti "didn't mention the inventory problem in a major speech he gave this week to the American Institute of Certified Public Accountants. He said then, 'In the area which is clearly critical to our whole economy, the tax system will continue to function, notwithstanding Y2K.'"

In the letter Rossotti admitted the IRS hasnt done a wall-to-wall-inventory of all IRS computers.

He wrote that the IRS plans to complete the inventories of major offices prior to Dec. 31 and is making progress in its contingency plans.

An IRS spokesman had no comment on the letter.

Developing...

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Snip:

"In the letter Rossotti admitted the IRS hasnt done a wall-to-wall-inventory of all IRS computers. "

What can one say!!

Ray

-- Ray (ray@totacc.com), October 29, 1999

Answers

??
IRS' Year 2000 Efforts: Actions Are Underway to Help Ensure That Contingency Plans Are Complete and Consistent. GGD-99-176. 13 pp. plus 1 appendix (3 pp.) September 14, 1999.
http://www.gao.gov/ new.items/gg99176.pdf

-- (not-here@not-really.no-way), October 29, 1999.

( snip ) ~~~Experts have "expressed concern that hardware and software missed on the IRS's inventory may cause failures that would hit taxpayers," writes Berlau........ I think Berlly-one meant to say is The IRS's inventory may cause failures that would "" miss taxpayers"".

-- kevin (innxxs@yahoo.com), October 29, 1999.

Contingency plan: The door to door 2000 census takers will also assess and collect your income tax.

-- Amos (sparky@remember.when), October 29, 1999.

I have posted many times the following URLs. Most of you do not owe ANY income tax because you (in your job or profession) are NOT engaged in revenue taxable activities. Are you going to continue to stick your butt up for your quarterly/annual reaming, or are you going to demonstrate if you have any cojones?

http://www.ottoskinner.com
http://www.edrivera.com
also
http://www.taxgate.com

-- A (A@AisA.com), October 29, 1999.