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Drake Software blog for tax pros, covering tax, IRS news, and more

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Drake Knowledgebase – Powerful Resource

admin taxing_subjects - March 05, 2014
Drake Knowledgebase – Powerful Resource

Drake Knowledgebase – Powerful ResourceAt Drake, we pride ourselves on providing world-class customer service.  To do this, we have to provide our customer service representatives with in-depth…

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Representative Camp Releases Tax Reform Proposal

admin taxing_subjects - March 05, 2014
Representative Camp Releases Tax Reform Proposal

Representative Camp Releases Tax Reform Proposal Representative David Camp (R-MI), chairman of the House Ways and Means Committee, has released the draft of legislation for tax reform.  The draft,…

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IRS: Volume High At Start of Tax Season

admin taxing_subjects - March 03, 2014
IRS:  Volume High At Start of Tax Season

IRS:  Volume High At Start of Tax Season WASHINGTON — The IRS announced that, three weeks into the filing season, it has received about one-third of the individual income tax returns that it expects…

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March 17 Business Filing Deadline

admin taxing_subjects - March 03, 2014
March 17 Business Filing Deadline

March 17 Business Filing Deadline is ApproachingThe filing deadline for business returns is approaching.  This year, since March 15 falls on a Saturday, the filing deadline becomes the next business…

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Drake People – Travis Wright, Software Programmer

admin taxing_subjects - February 27, 2014
Drake People – Travis Wright, Software Programmer

Drake People – Travis Wright, Software Programmer For Travis Wright, life is a balance of work, family, faith and music. A native of Franklin, NC, he was home-schooled through high school, then…

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IRS Releases the “Dirty Dozen” Tax Scams for 2014; Identity Theft, Phone Scams Lead List

admin taxing_subjects - February 20, 2014
IRS Releases the “Dirty Dozen” Tax Scams for 2014; Identity Theft, Phone Scams Lead List

IRS Releases the “Dirty Dozen” Tax Scams for 2014; Identity Theft, Phone Scams Lead ListIR-2014-16, Feb. 19, 2014WASHINGTON — The Internal Revenue Service today issued its annual “Dirty Dozen” list of…

Read more about IRS Releases the “Dirty Dozen” Tax Scams for 2014; Identity Theft, Phone Scams Lead List

Termination III – Firing clients

admin taxing_subjects - February 18, 2014
Termination III – Firing clients

Termination III – Firing clientsBy James StorkVP of Education, Drake Software Sooner or later, every firm has to fire a client. That’s counter-intuitive, because one of the most powerful tenets in…

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IRS: Michael Jackson Assets Undervalued

admin taxing_subjects - February 15, 2014
IRS:  Michael Jackson Assets Undervalued

IRS:  Michael Jackson Assets UndervaluedThe Internal Revenue Service has filed documents in US Tax Court claiming that Michael Jackson’s estate has severely undervalued his image and music catalog,…

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Filing Season 2014 Begins with More Returns Filed

admin taxing_subjects - February 14, 2014
Filing Season 2014 Begins with More Returns Filed

Filing Season 2014 Begins with More Returns Filed IR-2014-15, Feb. 14, 2014WASHINGTON — The IRS today announced that tax filings in 2014 have outpaced filings for the same time last year. As of Feb.…

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White House delays health insurance mandate for medium-sized employers until 2016

admin taxing_subjects - February 14, 2014
White House delays health insurance mandate for medium-sized employers until 2016

White House delays health insurance mandate for medium-sized employers until 2016The Obama administration announced it would give medium-sized employers an extra year, until 2016, before they must…

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