| Re: "PayPal to begin giving the IRS PayPal users account information"
The IRS has long been able to summons information and documents from third parties. This is often done by say--a revenue agent who is auditing someone, especially when that person is not cooperative in providing information and records. Paypal is just another third party record keeper--like a bank--who does business with the taxpayer. I don't see much new here. |