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Alimony Mis-match Getting IRS Audit Attention
Alimony Mis-match Getting IRS Audit Attention If the alimony you paid does not match the alimony income reported by the person who received the funds you can expect more attention from the IRS. A lot more attention. Here is what is happening. The U.S. Treasury Department recently released an audit report revealing a disturbing level of non-compliance in alimony reporting on tax returns. This non-compliance will result in a vast increase in tax return reviews now and in the years to come. Here is what you need to know. The study The Treasury Inspector General for Tax Administration (TIGTA) recently