irs_tax

IRS has reportedly turned to social media in an effort to nail tax cheats, reports Marketplace.

Read: IRS to cut down on audits

“Those fancy vacation photos you posted on Instagram? The Facebook status update about your new car? The tweets about your wildly successful side business? All fair game for the IRS. Not that the IRS is perusing everyone’s Facebook photos. It’s probably only looking at your Facebook photos if it suspects you might be a tax dodger,” notes the report.

Read more here.

Also read:

IRS decides how it will tax Bitcoins

Finance bites back at FATCA criticism

Originally published on Advisor.ca

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