Tax news from around the web: April 16 – 20, 2018

Written on Apr 15, 2018

IRS reminds those with foreign assets about U.S. tax obligations
The IRS is reminding U.S. citizens and resident aliens to check if they have a U.S. tax liability and a filing requirement. Here is a rundown of key points to keep in mind.

Bitcoin buyers have to take a wild guess on their taxes
If you thought trading Bitcoin was wild, try figuring out how to pay taxes on it. After last year’s boom in values, many people are likely disclosing transactions for the first time, adding to confusion.

Tech Corner - What you don’t know about how Facebook uses your data
Facebook meticulously scrutinizes the minutiae of its users’ online lives, and its tracking stretches far beyond the company’s well-known targeted advertisements. Details that people often readily volunteer — age, employer, relationship status, likes and location — are just the start.

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