TIGTA: IRS’s Decision to Destroy 30 Million Paper Returns Was ‘Reasonable’
CPA Practice
NOVEMBER 14, 2023
Based on prior-year filing statistics, IRS management estimated the majority of the unprocessed information returns were paper-filed Forms 1099 submitted with a Form 1096. The IRS’s decision to destroy those documents drew scrutiny from lawmakers and tax professionals. Unprocessed paper-filed tax returns exceeded 11.5
Let's personalize your content