Drake Software blog for tax pros, covering tax, IRS news, and more
Tax Advice for Baby BoomersAs boomers enter retirement, they leave behind the annoying alarm clock, rush-hour commutes, stressful deadlines and annoying co-workers. But one thing they can’t avoid is…
NATP Seeks To “Audit-Proof” Tax Preparation Offices The National Association of Tax Professionals has released Audit Proof the Tax Office, aimed at helping practitioners update their office procedures…
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The Internal Revenue Service, in conjunction with the US Department of Justice, has ramped up its efforts to identify – and publicly bring charges against – tax preparers who actively engage in the filing of fraudulent returns....…
US Accounting Regulator Proposes Greater Audit Reporting Rules Dealbook reports that the federal regulator who polices accounting firms is proposing a major overhaul of how company audits are reported…
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IRS Raises Fees For Installment Payments and Offers in CompromiseThe Internal Revenue Service has released proposed regulations that would increase the user fees for installment payment agreements and…
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Using Drake’s E-Signature Capabilities You may not know it, but one of the most powerful new features built into Drake Software’s tax and accounting software is its support for digital signatures on…
North Carolina Leads States In Tax Reform North Carolina Gov. Pat McCrory on July 23 signed a new tax reform bill into law, making his state one of the leaders in the South in the effort to attract…
Dalrymple Named To IRS Post Internal Revenue Service Acting Commissioner Danny Werfel announced former long-time IRS executive John M. Dalrymple has been named Deputy Commissioner for Services and…
IRS: Same Sex Marriages Are Recognized For Federal Tax PurposesThe U.S. Department of the Treasury and the Internal Revenue Service (IRS) ruled that same-sex couples, legally married in jurisdictions…
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July Filings for Section 527 Political Organizations The IRS announced the availability of the July public filings for section 527 political…
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