IRS Hunts Debit Cards For Tax Evasion, As Court Approves John Doe Summons (Forbes) - The IRS has gone after tax evasion in Swiss and other offshore accounts, and has collected a staggering $10 billion. Then, the IRS turned to virtual currencies like Bitcoin, after a court allowed an IRS John Doe summons for bitcoin and other virtual currencies. Now, the IRS is going after some debit card use, too.
MORE HEADLINES
Income Tax Tip: When to Claim Parents as Dependents (CPA Practice Advisor) - With so many millennials moving back home with mom and dad, the question of whether or not adult children living with their parents can be claimed as dependents is a hot topic. On the other side of the generational divide...
Flexible Work Trends: What Can We Expect in 2017? (US News and World Report) - There have been tremendous shifts in terms of when, where and how people are working, and in the last five years we've seen a big increase in flexible work options, both being offered by employers and being sought by professionals.