Drake Software blog for tax pros, covering tax, IRS news, and more
Statistics of Income BulletinThe Internal Revenue Service today announced that the summer 2014 issue of the Statistics of Income Bulletin is available at IRS.gov. The Statistics of Income (SOI)…
Read more about Summer 2014 Statistics of Income Bulletin Now Available
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
The 15 Industries with the Highest Net Profit Margin – Last 12 Months Based on an analysis of the financial statements of privately-held companies, Sageworks, a financial information company, ranked…
Read more about Accounting and Tax Prep Among the 15 Most Profitable Industries
Consumer AlertThe Internal Revenue Service has re-issued a consumer alert providing taxpayers with additional tips to protect themselves from telephone scam artists calling and pretending to be with…
Read more about IRS Identifies Five Easy Ways to Spot Suspicious Calls
Drake Software e-SignatureAs a tax preparer, do you think about the time it takes to sign returns and other documents? They are, after all, just signatures. But multiply those legal signatures across…
That’s the question posed on the news magazine and hidden camera television show of the same name.Broadcast on ABC News since 2008 as part of the Primetime series, and hosted by newsman John Quiñones,…
Data Covers Entire Industry Rather Than Individual CompaniesIf there is a trend that has marked this decade, it is the use of “big data” to discern trends that will help define what the market is…
In the effort to survive and thrive in today’s highly competitive business environment, accounting firms have looked to the integration of applications to provide the greater efficiencies their…
For Most TruckersHighway Use Tax Return Due Sept. 2 The Internal Revenue Service today reminded truckers and other owners of heavy highway vehicles that in most cases, their next federal highway use…
Statistics of IncomeThe Internal Revenue Service today announced the availability of Statistics of Income—2012,Individual Income Tax Returns Complete Report (Publication 1304). U.S. taxpayers filed…
Read more about IRS: Publication 1304 (Individual Tax Stats) For 2012 Now Available
