GAO issues unmodified opinion on IRS financial statements

financial documents calculator Photo: stevepb / Pixabay

GAO audited the Internal Revenue Service financial statements for fiscal years 2026 and 2025. GAO concluded that the statements are fairly presented in all material respects. The agency also found that IRS maintained effective internal control over financial reporting, though significant deficiencies remain regarding tax receivables. No instances of reportable noncompliance were disclosed during the fiscal year 2026 compliance tests.

Read the full story at gao.gov.

Photo: stevepb / Pixabay