Drake Software blog for tax pros, covering tax, IRS news, and more
Bulgaria’s government has confirmed hackers stole the financial data of millions of its citizens.…
Read more about Hackers Steal Financial Data of Millions of Bulgarians; One in Custody
Having tax software that improves workflow efficiency can be one of the keys to a successful filing season.…
Read more about Trent Covers Efficiency Features in Drake Tax - E30
The Internal Revenue Service has published a draft of a new tax return targeted at senior citizen taxpayers.…
Read more about New 1040 for Seniors and Updated 1040 Unveiled
A North Carolina man has been handed a 12-year prison sentence by a Virginia federal court for a fraud scheme that included tax charges.…
For some years now we’ve heard about how the Information Technology systems inside the Internal Revenue Service need major upgrades.…
The IRS announced that more Ohio taxpayers may be eligible to receive tax relief following the devastating tornadoes that swept across the state at the end of May.…
The Tax Cuts and Jobs Act (TCJA) made sweeping changes to the tax code, but one important change didn’t affect tax year 2018 tax returns.…
Read more about IRS Issues Reminder About TCJA Divorce Changes
Since tax scams can take many forms, the IRS broke them down into two categories: “phone scams” and “email phishing scams.”…
Read more about IRS Helps Taxpayers Identify Tax-Related Fraud
The president has signed a package of IRS reforms into law after the legislation passed both houses of Congress with strong bipartisan support.…
Now that the tax year 2018 filing season is over, some teachers may know that the educator expenses deduction was moved to line 23 of the new Schedule 1.…
Read more about IRS Issues Tax Tip Explaining Educator Deduction
