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IRS: Second Life Saves Taxpayers Millions

2:20AM Mike Fahey | The Internal Revenue Service isn’t all about taking your money. It’s also about saving you money by foregoing NASCAR sponsorships in favour of a virtual presence in Second Life. More »

IRS Official Recommends Policy on Virtual World Transactions

12:00AM Owen Good | The IRS’ taxpayer advocate has suggested the agency take a proactive posture toward real money transactions (RMT) in virtual worlds. “Proactive posture,” in IRS speak, means “tax it.” More »