Government database taken offline after sensitive data found
The Internal Revenue Service (IRS) has leaked tens of thousands of Social Security Numbers (SSNs). The security failure stems from the government agency failing to adequately redact sensitive details held in a new online database, listing the filings of Section 527 political organizations in what is called a $1.5 trillion non-profit industry.
IRS to tax worker cell use
The Internal Revenue Service (IRS) announced this week it has proposed a rule that would deem 25 percent of an employee's annual company-issued cell phone expenses a taxable benefit, according to a Friday WSJ report. Employees could avoid the tax liability if they showed proof that they used their own cellphones for nonbusiness calls during work hours. The IRS would also set a minimum number of phone minutes dedicated to personal use that would be untaxed.