Cybersecurity for Tax Professionals

Cybersecurity for Tax Professionals

Today, tax preparers operate within an increasingly complex and perilous cybersecurity context. These challenges not only threaten the integrity of your practice, but also put your clients' financial well-being at risk. At Drake Software®, we recognize the gravity of these threats and are committed to providing you with the knowledge and tools necessary to fortify your practices. As we delve into this topic, we will examine prevalent threats, share foundational best practices, and outline critical strategies to help you implement a digital shield around your business.…

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2023 IRS Disaster Relief

2023 IRS Disaster Relief

The IRS issues relief packages to areas that recently experienced natural disasters or events designated as disasters by the United States government. This blog post provides extension details and provides information on IRS legislature about filing tax returns in the wake of extreme weather or disaster incidents. Bookmark this post for updates!…

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IRS Imposes Moratorium on Improper Employee Retention Credit Claims Amid Rising Fraud Concerns

IRS Imposes Moratorium on Improper Employee Retention Credit Claims Amid Rising Fraud Concerns

In response to a growing number of fraudulent cases, the IRS is addressing improper ERC claims to safeguard businesses. As a tax preparer, your vigilance can help protect your valued clients from scams and penalties. Read more on our latest post!…

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IRS Shifting Audit Focus Toward More High-Income Taxpayers

IRS Shifting Audit Focus Toward More High-Income Taxpayers

The IRS plans to move its audit spotlight from the working-class individual taxpayer to those engaged in high-income activities, partnerships, large corporations, and promoters pushing schemes that abuse the tax laws. All changes are meant, the IRS says, to help restore fairness in the American income tax system. Click on our new blog post for the latest tax news.…

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