Drake Software blog for tax pros, covering tax, IRS news, and more
There’s an Easier Way to Check Tax-Exempt Organization InfoFake charities aren’t a new development—they were once again featured in the IRS “Dirty Dozen”—but they remain an effective way for criminals…
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We’ve barely left the filing season for TY2017 behind and scammers are already showing they don’t have any deadlines. A new wave of phone scams, more devious than past attempts, has been…
It will come as no surprise to tax professionals that there were problems submitting returns to the IRS on Tax Day.Early yesterday morning, IRS systems experienced an issue that prevented the agency…
With the TY2017 tax season coming down to the final hours, the acting IRS commissioner feels pretty good about his agency’s performance thus far. But the big crunch, he says, comes after tax deadline…
Read more about For IRS, the Real Work Starts After Tax Season
The April 17 deadline for filing will bring this tax season to a close before we know it. So it makes sense that the bad guys are planning to make hay while the sun shines. Identity thieves and…
The Internal Revenue Service is reminding taxpayers that time is short to file their 2014 income tax return for a refund. Some $1 billion in refunds is yet unclaimed from TY2014. In order to claim a…
Read more about Time Running Short to File 2014 Returns for Refund
The House Ways and Means Committee on Monday issued a press release announcing a discussion draft for the Taxpayer First Act, a bipartisan effort aiming to “redesign the Internal Revenue Service (IRS)…
Read more about House Ways and Means Oversight Subcommittee Proposes IRS Reform
Baffled by Bitcoin? In the dark over Litecoin but find Ethereum engaging?No matter what your attitude toward the use of virtual currency, the Internal Revenue Service wants you to know that there’s…
In our last post, we laid out this year’s “Dirty Dozen” tax scams as ranked by the Internal Revenue Service. The annual list looks at the worst scams likely to beset taxpayers and tax pros during the…
Every tax season, the Internal Revenue Service releases what it terms the “Dirty Dozen” list of top tax scams. While some of the scams listed may not change from year to year—if the bad guys find a…
