Introducing Schedule FB

The IRS routinely looks at your W-2 and that fistful of 1099s. And now they’re reading your social-media accounts:

New reports brought to light by one privacy and data security expert suggest that this tax filing season the Internal Revenue Service may be monitoring social media for any clues of tax cheats.

According to Kristen Mathews, a partner attorney at law firm Proskauer Rose LLP who specializes in privacy and data security, there are reports that the IRS will be checking into individual Facebook and Twitter accounts for improprieties.

Though the agency says that it will only conduct such monitoring if a tax form raises a red flag, it is somewhat unclear to what extent it will be capable of delving into social media accounts.

You think maybe that drunken debauch in Dayton you plastered (while plastered) all over Facebook might get your expenses disallowed?

(Via this Jules Shapiro tweet.)







5 comments

  1. fillyjonk »

    10 April 2013 · 10:50 am

    I can foresee people “gaming” that in 3….2….1…..

    Oh, and BTW, did I mention all the money I gave to Official Charities during the course of last year?

  2. Kay Dennison »

    10 April 2013 · 11:10 am

    I wish them (IRS) a lot of luck since I decided that I being liked on Facebook was both stupid and intrusive long ago. And I’m not a bird so I don’t tweet.

    Cancelling one’s accounts is a hassle but it can be down.

  3. Roger Green »

    10 April 2013 · 12:08 pm

    So I SHOULDN’T write about my massive gambling winnings on FB? Ah, nuts!

  4. Kay Dennison »

    10 April 2013 · 12:13 pm

    LOL Roger!! Yes!!!! That would be imprudent.

  5. Brian J. »

    10 April 2013 · 12:42 pm

    Since I tweet all the time about being the SOFTWARE TESTING LOW PRICE LEADER, this supports my declared income, I think.

    Although my hanging around and commenting on these lavish, expensive blogs might count against me.

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