Drake Software blog for tax pros, covering tax, IRS news, and more
The IRS has issued its annual list of the 12 top scams directed at consumers.Compiled annually, the “Dirty Dozen” lists a variety of common scams that taxpayers may encounter any time, but which tend…
[Note: Taxing Subjects normally focuses on issues related to management of tax and accounting services rather than internal procedures of the IRS. However, this item may have a direct bearing on how…
Read more about IRS Hires Tech Firm That Bungled ObamaCare Web Site
February 2 Individuals who must make estimated tax payments. If you did not pay your last installment of estimated tax by January 15, you may choose (but are not required) to file your income tax…
Read more about IRS Publishes Tax Deadlines For February 2015
The Illinois Department of Revenue recently announced it is in the final stages of internal front-end testing and hopes to finish up this weekend. If that happens, it could begin processing Illinois…
Read more about Illinois DoR e-File Processing Delay to End Soon
New ACA Quick Reference Guide Now AvailableDrake Software produced an ACA-related quick reference guide to help tax preparers during the 2015 filing season.Adobe Acrobat is recommended when viewing…
TIGTA Reminds Taxpayers to Beware of Calls from IRS Impersonators this Filing SeasonWASHINGTON — As the 2015 tax filing season begins, the Treasury Inspector General for Taxpayer Administration…
IRS Warns Against Tax ScamsWASHINGTON — Aggressive and threatening phone calls by criminals impersonating IRS agents remain near the top of the annual "Dirty Dozen" list of tax scams for the 2015…
In the waning hours before turning control of the Senate Finance Committee to the new Republican leadership, Sen Ron Wyden (D-OR) re-introduced his bill to regulate tax preparers. Co-signing the bill…
Notice 2015-3 provides rules for claimants to make one-time claims for the retroactively extended 2014 biodiesel mixture and alternative fuel excise tax credits. It also provides guidance for…
Filing Season Starts Today, January 20. Are you ready? The IRS has a variety of online tools to assist you this filing season. Visit Basic Tools for Tax Professionals for information you need to file…
