The Internal Revenue Service could be doing more to track unreported income flowing through popular peer-to-peer apps like Venmo and Zelle.

A former senior executive at Wirecard AG escaped from Austria to Belarus on a private aircraft last year with the help of a secret-service agent and a far-right politician.

More bucks for the IRS; deductible haircuts; virtues of virtual learning; and other highlights from our favorite tax bloggers.

Wirecard suffered one of the worst stock slumps in the history of Germany’s benchmark index after revealing that about 1.9 billion euros ($2.1 billion) in cash has gone missing, spooking investors who have endured years of allegations of wrongdoing at the payments company.

Wave Money integrates with Wave’s financial management software for a full money management experience.

The application gives customers access to more ways to receive payment from clients during a time when many businesses are experiencing interruption due to the coronavirus pandemic.

Hundreds of new tools for small businesses, the rise of ransomware, and eight other recent technology developments you may have missed.

The platform offers accounting, payments and invoicing functionality.

In the midst of an unpredictable election year, you can serve as a rock solid source of knowledge for your clients by closely tracking the top regulatory issues that are likely to shape the legislative and regulatory landscape over the next 12 months.

Wulf Matthias of Wirecard AG resigned after months of controversy over the digital payments company’s accounting practices.