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The initial direct deposits of the second round of economic impact payments are already going out to taxpayers.

Best IT defenses; learning from mistakes; the price of training; and other highlights from our favorite tax bloggers.

With only a few days to go before the end of a difficult year, some accountants and tax professionals are still hoping to finish up some perplexing issues for their clients before New Year’s Day.

The Criminal Investigation Division is in a nostalgic mood, releasing a retrospective this week of its top five cases of the year through its Twitter handle, @IRS_CI.

Most accountants who help clients with the choice of entity focus on the tax aspects. But in order to help clients make fully informed decisions, “personal” asset protection should be considered.

Accounting and investment pros can’t audit sources and verify data quickly enough to ensure the information is both updated and accurate.

Don’t underestimate the power of your network.

This notice and the expected regulations to follow could add to the movement to repeal or modify the cap.

The pandemic has shifted even more continuing education online.

Commissioner Elad Roisman will step into the position Jay Clayton vacated last week.