Irs

• Who knew? It turns out that any frequent-flier miles you get for opening a bank account are taxable, according to published reports.
(Boston Globe)
• Dozens of suspected identity thieves and others pursuing fraudulent tax refunds have been arrested in a nationwide crackdown aimed at reversing a sharp increase in crimes victimizing honest U.S. taxpayers, the IRS said Tuesday.
(USA Today)
• This story comes from the Yahoo! Contributor Network, where individuals publish their unique perspectives on some of the world's most popular websites.
(YAHOO!)
• I was hoping we might see a bill trimming the Foreign Account Tax Compliance Act (FATCA) down to size so I could pun its name, but no such luck.
(Forbes)
• The federal government arrested 58 people over the past week in a national crackdown on identity theft led by the Internal Revenue Service and the Department of Justice, the tax agency said Tuesday.
(Wall Street Journal)
• Federal investigators have descended on and temporarily closed two Arthur Middleton Capital Holdings locations in Jackson and Plain townships.
(Canton Repository)
• Competition for new banking customers, where larger and more enticing rewards are dangled to lure new clients, has added a new player in the rewards game -- the IRS.
(Yahoo Finance)
• Taxation of frequent flyer miles has always been a hut button issue.
(Taxation of Miles Revisited: Nothing Has Yet Changed Though It Certainly Could in the Future - USA Today)
• TAMPA - The Internal Revenue Service has named Tampa one of nine high-risk cities in the country for identity theft and tax fraud. The area is part of a 23-state federal sweep targeting check-cashing operations and other businesses.
(MyFox Tampa Bay)