Drake Software blog for tax pros, covering tax, IRS news, and more
In a matter of weeks, the 2015 tax season will be over. The federal individual and most state returns will be filed by mid-April (the exceptions are Hawaii, which has a filing deadline of April 20;…
Laws under our legislative system don’t always contain all of the information needed to determine what the legislators had in mind when they approved the law. Sometimes errors are made in the…
Read more about Asking the Right Questions About Improper Tax Credits
The US Department of Homeland Security (DHS) Has Issued a Warning of a New “Trojan Horse” Virus The US Department of Homeland Security (DHS) has issued a warning of a new “Trojan Horse” virus that has…
What May and May not be Deducted as a Business ExpenseOne of the thornier questions at tax time centers on what may and may not be deducted as a business expense. The rules change frequently, in…
Declining Resources Have Contributed to Unfavorable Trends in Several Key Automated Collection System Business ResultsWASHINGTON – Declining resources could affect the ability of the Internal Revenue…
Read more about Declining Resources Affect IRS's Ability to Collect Delinquent Taxes
Business e-File Rose Nearly 10%Business e-file rose nearly 10 percent this year, continuing the growth that has seen the number of corporate and partnership returns filed electronically double in just…
Read more about 7 in 10 Corporate and Partnership Tax Returns Now Filed Electronically
Facing Challenges - Creating SolutionsThe Challenge: Melding two management styles and different levels of experience into a single, client-focused tax practice.The Solution: Recognizing that clients…
US National Archives and Records Administration: http://www.datmgm.com.Information Technology Association of America quoting data from FEMA: http://www.itaa.org/isec/i.Sources: Internal Revenue…
Rates Will Remain The SameThe Internal Revenue Service has announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2014. The rates will be: three (3) percent for…
Read more about Interest Rates Remain the Same for the Fourth Quarter of 2014
Rates Will Remain The SameThe Internal Revenue Service has announced that interest rates will remain the same for the calendar quarter beginning Oct. 1, 2014. The rates will be: three (3) percent for…
Read more about Interest Rates Remain the Same for the Fourth Quarter of 2014 (1)
