Identity Theft Central Built to Combat Phishing Scams

Ryan Norton - February 05, 2020

The new Identity Theft Central page on IRS.gov is the latest tool the Internal Revenue Service has developed to stop identity thieves in their tracks.…

Research Finds Inheritance a Major Windfall for the Very Wealthy

Bob Williams - February 03, 2020

New research has found that the latest version of the U.S. estate tax fails in its job to tax large estates in an efficient and equitable manner, allowing the wealthiest estates to pass to heirs with an effective tax rate of just 2%.…

IRS Celebrates 14th Annual EITC Awareness Day

Ryan Norton - January 31, 2020

The Internal Revenue Service wants more taxpayers to know about the Earned Income Tax Credit, which is why the agency has coordinated the annual EITC Awareness Day event for more than a decade.…

Gig Economy Income Can Affect a Taxpayer’s Bottom Line

Bob Williams - January 27, 2020

The Internal Revenue Service says a little pre-planning can help gig economy workers be ready when it’s time to file their taxes.…

Jay Eager Discusses Drake Accounting on Drake Hosted - E38

Ryan Norton - January 24, 2020

Drake Accounting Development Manager Jay Eager explains the benefit of choosing Drake Accounting on Drake Hosted.…

Thousands of New Non-Profits Not Following Federal Law

Bob Williams - January 22, 2020

An audit by the Treasury Inspector General for Tax Administration (TIGTA) has found that nearly 10,000 new tax-exempt organizations failed to follow federal law to notify the IRS of their formation.…

IRS Annual Report: Six Goals and a Look Ahead

Bob Williams - January 20, 2020

In the two previous posts, we took a look at some of the assessments the IRS leadership made about 2019 and how the agency responded. In this edition, we’ll look forward.…