Drake Software blog for tax pros, covering tax, IRS news, and more
Termination II: Firing Seasonal WorkersBy James StorkSenior Vice President, Drake Software There are no easy ways to fire an employee, particularly during the rush and bustle of tax season. But when…
Earned Income Tax Due Diligence By John Sapp, CPAVice President of Strategic DevelopmentDrake Software Over the past 5 or 6 years the IRS enlisted preparers to go beyond Circular 230 requirements and…
It is the proper reporting of wages to a domestic employee. A domestic employee is someone that you employee to work in or around your home. This can include individuals who are gardeners, landscapers, housekeepers, maids, caregivers, and even your handyman. For our discussion, let’s limit this to caregivers.…
How to Fire an EmployeeTermination, Part IBy James StorkSenior Vice President, Drake Software No one enjoys firing an employee. Whether it is a seasonal worker or a permanent staff member,…
Tax Preparation Fees For 2014Taxpayers looking to hire a professional to complete their 2013 tax return can expect to pay an average of $261 for an itemized Form 1040 with Schedule A and a state tax…
A tax professional recently elected mayor of his town shares the story of his journey to success.Pat DeBlasio, a tax professional and political leader, was recently elected mayor of Bridgeville,…
Salaries on the Rise for Accountants and Financial AnalystsThe staffing company Robert Half is projecting a 3.4 percent uptick in salaries for accountants next year, according to the 2014 edition of…
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Accounting Firms Doing More Lateral Hiring Lateral hiring of partners and leaders by accounting firms from competing accounting firms is on the rise, according to a new study reported in Accounting…
Hiring Seasonal Tax Preparation StaffersBy James Stork, Senior Vice President at Drake SoftwareThis paper is a primer on how to find, appraise, and hire seasonal staffers, with information on how…
3 ways to speed up your tax refund, despite IRS delays (From CBS News MoneyWatch) While the CBS news item is aimed at consumers, professional tax preparers may want to note these tips to advise their…
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