IGNORANCE MAY NOT BE BLISS WHEN IT COMES TO 'ZAPPERS'
Taxpayers have been suppressing or understating their sales to pay less income tax and sales tax for years, but now they are using a device known as a ‘‘zapper.’’ That trend started in other countries but has become more prevalent in the United States, with 14 states recently enacting legislation to impose criminal penalties against those using the device. Based on the imposition of those new penalties and the evidence of the potential widespread use of zappers, taxpayers and tax practitioners who are not (knowingly) involved in the use of a zapper may still need to take proactive action to prevent exposure.
To read more, check out my article in Tax Analysts State Tax Notes on October 21, 2013.  (the link to the article is in my LinkedIn profile)