Drake Software blog for tax pros, covering tax, IRS news, and more
An annual report from the Internal Revenue Service credits cutting-edge data analytics and “good, old-fashioned police work” for achieving a 91% conviction rate on cases probed by the IRS Criminal Investigations division.…
Read more about IRS Says 91% of Criminal Investigation Cases Get a Conviction
The Internal Revenue Service has announced that the final regulations have been issued on the revamped Foreign Tax Credit, which was modified as a result of tax reform in 2017.…
Read more about Final Regulations Issued for Revamped Foreign Tax Credit
The Security Summit has been highlighting ways that taxpayers can protect their personally identifiable information (PII) from identity thieves. They closed out National Tax Security Awareness Week by…
Read more about National Tax Security Awareness: Writing a Data Security Plan
Main Street businesses might consider themselves too small to be the target of a business identity theft scam, but the Security Summit says that identity thieves are more than happy to steal their business information.…
Read more about National Tax Security Awareness Week: Spotting Business Identity Theft
Passwords are a ubiquitous part of life in the Digital Age, but many of us aren’t particularly good at making them. That’s why the Security Summit is highlighting tips for creating strong passwords on the third day of National Tax Security Awareness Week.…
Read more about National Tax Security Awareness Week: Making Secure Passwords
The second day of National Tax Security Awareness Week saw the Internal Revenue Service spotlight common signs of tax-related identity theft phishing scams.…
Read more about National Tax Security Awareness Week: Spotting Phishing Scams
It’s the first day of National Tax Security Awareness Week, and the Security Summit is kicking off the festivities by focusing on the dangers of online shopping.…
Read more about National Tax Security Awareness Week: Online Shopping and PII
As we move into the holiday season, scammers are finalizing their plans to swindle taxpayers out of their money.…
The Internal Revenue Service says it plans to beef up background checks on tax practitioners in the wake of an audit that found inconsistencies in how those checks were administered.…
Read more about IRS Promises Better Background Checks on Tax Pros
