Drake Software blog for tax pros, covering tax, IRS news, and more
Tax professions who need to reinstate their e-Services accounts have a little unexpected help available this week. The Internal Revenue Service added extra staff Tuesday with the mission of assist tax pros.…
Read more about IRS Has Extra Staff This Week for eServices Accounts
Tax professionals and taxpayers alike are being warned that new email scams could derail plans for a refund this tax season.As the filing season heads toward its April 18 deadline, identity thieves…
Read more about Late-Season Email Scams Unleashed This Tax Season
While the tax season thus far has been described as relatively problem-free, the Internal Revenue Service concedes the agency is still trying to come to grips with identity theft and quality-of-service issues.…
Read more about IRS Still Working to Cope with Identity Theft, Service Issues
For years, industry experts have been calling for tax professionals to use various hardware and software technologies – CRM tools, document management systems, workflow and productivity software, and paperless technologies – to stay competitive and profitable.…
Read more about Crossing the Digital Divide with Your Tax Practice
A tool on the Internal Revenue Service website that allows students to download information from their tax returns – or the returns of their parents – has been taken offline unexpectedly.…
Winter Storm Stella battered the Northeast and Mid-Atlantic, knocking out power, grounding or delaying flights, and worse. As with other natural disasters, the Internal Revenue Service has stepped in to help affected taxpayers.…
Read more about IRS Grants Extension to Businesses Affected by Winter Storm Stella
According to the most recent Internal Revenue Service “Tax Time Guide,” clients can still contribute money to their 2016 Individual Retirement Account (IRA). The IRS-issued reminder also noted that…
Read more about Still Want to Make a 2016 IRA Contribution? You Can
The effort to thwart identity theft and tax fraud has made this tax season more frustrating than usual for a lot of American taxpayers. Besides new rules on security at the federal level, numerous states have taken big steps to increase security on their end as well.…
American tax payers have roughly the same chances of being audited by the Internal Revenue Service as a taxpayer back in 2004. But it’s not because they’re doing a better job on their income tax return.…
We’ve always been skeptical of that old marketing phrase, “Free Money.” But some taxpayers who filed their 2013 returns may still have a tax refund waiting for them.The Internal Revenue Service says…
