Now you have one more thing to worry about in regard to filing your taxes. Those taxpayers whose returns have been “red flagged”, especially those with a lot of deductions, may have a new “friend” looking at your Facebook page.

If you claim a deduction on your income tax returns, but the lifestyle you lead has manifested in social media that is inconsistent with that deduction, that would be a red flag and it would cause the IRS to dig a little deeper,” Napolitano told Stuart Varney Tuesday on Varney & Co.

Read more: http://www.foxbusiness.com/personal-finance/2013/04/09/is-irs-stalking-on-social-media/#ixzz2Q6f2xlX0

Anything you post is there for the whole world to see and is there forever. Be careful and thoughtful about how much of your life you put out there for everyone to see.

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