The IRS made positive strides during the 2022 tax filing season, but work remains to shore up lingering areas of concern, according to a Treasury Inspector General for Tax Administration (TIGTA) audit. TIGTA found that by July 1, 2022, all 2020 paper tax returns were processed, but 9.5 million 2021 paper tax returns remained unprocessed. One problem area TIGTA identified was the IRS’s processes for identifying “questionable” alimony deduction claims. The Tax Cuts and Jobs Act repealed the deduction for alimony paid as part of a divorce agreement executed after Dec. 31, 2018. Yet IRS systems currently don’t prevent taxpayers from receiving the deduction. Read the audit: https://bit.ly/3GnX8I8
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