TIGTA Alimony Report May Cause Crisis Of Conscience Among Tax Professionals
I don't know about "crisis of conscience" but it's an interesting article if you're interested in things of this nature. In theory, if one guy deducts alimony payments on a tax return, the other guy should be picking up the same amount as income on another tax return. It turns out, it's not that simple. Not only that, the IRS isn't doing anything about it. As a result, there is a discrepancy of more than $2.3 billion in deductions claimed without corresponding income reported.
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