Data security

Dave McGuire and TJ Sponsel of the Indianapolis tax firm McGuire Sponsel have launched Akita Data, a data-consulting company that aims to protect clients against ransomware attacks and secure their data.

The Internal Revenue Service issued more than 4.4 million Economic Impact Payments last year totaling more than $5.5 billion to potentially ineligible people, according to a new report.

The Internal Revenue Service has been pilot testing new technology allowing for secure tax transcript retrieval that can integrate with an accounting firm’s practice management system.

Unfairness in the Tax Code; implementing inclusion; the stimulus and 2021 returns; and other highlights from our favorite tax bloggers.

The Internal Revenue identified more than 4,500 fraudulent tax returns using an inmate’s Social Security Number in 2019, claiming refunds totaling over $14 million.

Security experts are seeing a rise this tax season in phishing schemes and malware tied to hot-button subjects like tax refunds, stimulus payments and COVID-19 vaccines.

When to file on 8821; RMDs and the extension; cloud concerns; and other highlights from our favorite tax bloggers.

Vertex adds Brazil compliance product, BKD offers new cybersecurity solution, and Beanworks adds AI.

The Financial Crimes Enforcement Network issued a warning about the widening range of scams involving Economic Impact Payments aimed at recipients of COVID-19 relief.

Leaders of the House Ways and Means Committee want the Internal Revenue Service to assist taxpayers who are getting information returns in the mail for unemployment benefits they never received.