How Much Of Alimony Tax Gap Is From Gaming The System?
- Thursday, May 15, 2014, 20:57
- Entrepreneurs
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Here is a real IRS scandal for you. The Treasury Inspector General has identified about $2.3 Billion in income adjustments that are low hanging fruit for the IRS. Most likely the IRS will not pick much of that fruit. A TIGTA report looked at the way taxpayers are reporting alimony. I’m not easily shocked, but this report did it. Here is the background.
http://www.forbes.com/sites/peterjreilly/2014/05/15/how-much-of-alimony-tax-gap-is-from-gaming-the-system/