Your Frequent Flyer Miles May Be Taxable Income

For many years, banks have provided incentives to open a new bank account-30 years ago they handed out silverware and toasters, now they offer cash and frequent flyer miles. The IRS has for the most part ignored these incentives, but Citibank's overzealous interpretation of the tax code may have just...

California Criminal Enforcement Task Force

The Sacramento Bee reports that the California Board of Equalization has unveiled a website to help the public report people or companies suspected of tax evasion and other crimes in the underground economy. See Article here. (10/27/14) Agencies including the California Department of Justice, California Franchise Tax Board, and Federal...