Help Wanted Sign Out at IRS
The Internal Revenue Service is looking to hire hundreds of new employees in virtually every department. But that doesn’t mean the IRS is adding employees.…
Audit says IRS Phone Stats Don’t Tell the Whole Story
A new audit by the Treasury Inspector General for Tax Administration (TIGTA) finds that those phone statistics may not be giving us the complete picture of the IRS’ performance.…
Read more about Audit says IRS Phone Stats Don’t Tell the Whole Story
CPA Practice Advisor Gives Drake Tax 5 Stars
When choosing tax preparation software, tax professionals weigh a number of factors: cost, features, support, word of mouth recommendations, and industry reviews.…
Read more about CPA Practice Advisor Gives Drake Tax 5 Stars
Taxpayer Advocate Spotlights IRS Challenges
The nation’s Taxpayer Advocate says continuing poor taxpayer service and lack of an effective use of online self-service applications are just two of the challenges facing the Internal Revenue Service.…
Lori and Jenny Talk Drake Accounting Classes - E29
Choosing software for the upcoming filing season is only one part of the equation. Knowing how to use it is the difference between success and failure when you’re in the middle of the January-to-April crunch.…
Read more about Lori and Jenny Talk Drake Accounting Classes - E29
Charitable Giving Down in Wake of Tax Reform
An organization that tracks charitable giving in the U.S. says it appears the new tax reform measures were a factor in decreasing donations to America’s charities.…
Read more about Charitable Giving Down in Wake of Tax Reform
IRS Issues Final Regs on SALT Credits
The Internal Revenue Service has issued its final regulations that require taxpayers to reduce charitable contribution deductions by the amount of any state or local tax credits they receive or expect to receive in return.…
IRS Issues Guidance on Cooperatives
The Internal Revenue Service and the Treasury Department have issued their legal guidance on certain deductions to cooperatives and their patrons.…
New Scams Identified by IRS
The April filing deadline is long gone, but that doesn’t stop scammers from attempting to swindle American taxpayers out of their hard-earned money.…
IRS Tightens Transcript Security
The Internal Revenue Service is taking steps to further protect taxpayers’ data from identity thieves, initiating new restrictions on its online tax transcript service.…
