Internal Revenue Service Preparing to Wield “Fiery Sword of Tax Audits” against Diablo III Gamers
We’ve reported before on how technology oftentimes outpaces the law. But for the millions of people currently playing Diablo III™, Activision’s and Blizzard’s newest release, the opposite has occurred. Here we have older income tax laws catching up to technology in new, unexpected ways. In short, there is a serious likelihood that millions of online gamers are about to incur some federal income tax liability, and the vast majority of them seem not to know it yet. Whether you are a gamer yourself or whether you think gamers need a dose of reality, this post has something for you.
