IRS to use new tool in audits

The Internal Revenue Service recently issued a Request for Proposal to software companies for specialized software to comb through social media and collect information on audit suspects. It is not clear when the new program will start; however, in the RFP, the IRS expressly stated that the software is to target those already under audit and not to sweep social media for potential audit targets.

Regardless, this is yet another reason businesses and individuals need to be careful with their official and personal posts on Facebook, Instagram, Twitter, etc.