The Treasury Inspector General for Tax Administration on Dec. 13 raised serious concerns about the IRS’s new computer system for handling requests for tax-exempt status. TIGTA said that the cost of the system, currently scheduled for completion in May 2008, “may far outweigh its benefits.” There have been issues with schedule delays and deletion of system capabilities. The system was approved in December 2001 to replace the Employee Plans/Exempt Organizations Determination System, automate a number of manual processes to reduce labor costs, and “address several critical workload factors that threatened to overwhelm the Employee Plans function and Exempt Organizations function programs.”