Drake Software blog for tax pros, covering tax, IRS news, and more
Senate Hearings On Incompetent and Unethical Tax Preparers The Senate Finance Committee has announced it will hold hearings next Tuesday (April 8) at 10 am in Room 215 of the Dirksen Senate Office…
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Five Ways to Say “I’m Reputable!”Tax return preparer fraud has been a hot topic again this year. Between the continuing prosecutions of those preparers caught in illegal acts, the push by the IRS to…
Drake Tax Professionals Faring Well In 2014 Tax preparers using Drake’s software appear to be doing better than the industry in general this tax season, increasing or maintaining the volume and…
It’s What You Keep Larry Kessler Financial Services is an example of how to create an accounting firm built on friendships, trust, and fair dealings. “I don’t advertise,” he says. “I focus on giving…
More than Half of all Income Tax Returns Have Been Received. With the tax deadline getting closer, the IRS has received more than half of all the returns it expects to receive during 2014, the agency…
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April 15 Filing Deadline is ApproachingThe filing deadline for individual returns is approaching – Tuesday April 15, 2014. Here are a few tips to help with meeting the demands of the deadline. (The…
IRS Has $760 Million for People Who Have Not Filed a 2010 Income Tax Return Refunds totaling almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a federal income tax…
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IRS Issues Publication on Business Expenses Millions of individual tax filers have business income either as sole proprietors or as sub-contractors. Many individual filers also have unreimbursed…
Drake Client Write-Up – A Top Contender in Accounting SoftwareBy Brian StorkVice President of Application Development Accountants and tax preparers nationwide are familiar with Drake’s flagship…
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Winter 2014 Statistics of Income Bulletin Now Available The Internal Revenue Service announced the availability of the winter 2014 issue of the Statistics of Income Bulletin, which features…
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