Drake Software blog for tax pros, covering tax, IRS news, and more
The Affordable Care Act is bringing several changes to the tax filing season this year, including a new form some taxpayers will receive. If you or anyone in your household enrolled in a health plan…
Tax rules can be difficult to understand, especially if they’re not in your first language. The IRS offers many free products that are easy to use for people who speak Spanish. Here are the best ways…
Read more about Press Release: Best Ways to Get IRS Tax Help ‘en Español’
WASHINGTON — The Internal Revenue Service recently made it easier for small business owners to comply with the final tangible property regulations.Requested by many small businesses and tax…
The IRS recently released information pertaining to premium tax credits and nonprofit health insurance users.Notice 2015-09 provides limited relief for taxpayers who have a balance due on their 2014…
Read more about IRS Notices and Guidance 0214 - Notice 2015-09 and Revenue Procedure 2015-17
New ACA Employer Mandate Guide Now AvailableDrake Software provided a quick reference guide for the ACA employer mandate to help tax preparers understand the healthcare law’s impact on…
Read more about 2015 ACA Employer Mandate Quick Reference Guide
WASHINGTON — Hiding taxable income by filing false Form 1099s or other fake documents is a scam that taxpayers should always avoid and guard against, the Internal Revenue Service said today. This…
WASHINGTON — The Internal Revenue Service today warned taxpayers about groups masquerading as a charitable organization to attract donations from unsuspecting contributors, one of the “Dirty Dozen”…
Read more about Press Release: Fake Charities Among the IRS “Dirty Dozen” List of Tax Scams
WASHINGTON — The Internal Revenue Service today warned taxpayers to be on the lookout for unscrupulous tax return preparers pushing inflated tax refund claims. This scam remains on the annual list of…
WASHINGTON — The Internal Revenue Service today said avoiding taxes by hiding money or assets in unreported offshore accounts remains on its annual list of tax scams known as the “Dirty Dozen” for the…
WASHINGTON — The Internal Revenue Service today warned taxpayers to be on the lookout for unscrupulous return preparers, one of the most common “Dirty Dozen” tax scams seen during tax season. The vast…
Read more about Press Release: Return Preparer Fraud Hits IRS Annual “Dirty Dozen” List of Tax Scams
