Tax

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.

Senate Majority Leader Mitch McConnell on Tuesday blocked an attempt by Democrats to force quick action increasing direct stimulus payments to $2,000 as President Donald Trump warned that failing to act now amounted to a “death wish” by Republicans.

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.

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

Republicans will likely block Democrats’ attempts to have the Senate follow the House in boosting stimulus payments for most Americans to $2,000, even though President Donald Trump backs the bigger checks.

Devil’s in the details; the court date; smackdown; and other highlights of recent tax cases.

The company said that it was repatriating intellectual property licenses to the U.S.

This collection brings together the best advice from a host of experts for tax pros to share with their clients before the end of the year.

President Donald Trump signed a bill containing $900 billion in pandemic relief, the White House said, triggering the flow of aid to individuals and businesses and averting the risk of a partial government shutdown on Tuesday.