Drake Software blog for tax pros, covering tax, IRS news, and more
March 17 Business Filing Deadline is ApproachingThe filing deadline for business returns is approaching. This year, since March 15 falls on a Saturday, the filing deadline becomes the next business…
Drake People – Travis Wright, Software Programmer For Travis Wright, life is a balance of work, family, faith and music. A native of Franklin, NC, he was home-schooled through high school, then…
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IRS Releases the “Dirty Dozen” Tax Scams for 2014; Identity Theft, Phone Scams Lead ListIR-2014-16, Feb. 19, 2014WASHINGTON — The Internal Revenue Service today issued its annual “Dirty Dozen” list of…
Termination III – Firing clientsBy James StorkVP of Education, Drake Software Sooner or later, every firm has to fire a client. That’s counter-intuitive, because one of the most powerful tenets in…
IRS: Michael Jackson Assets UndervaluedThe Internal Revenue Service has filed documents in US Tax Court claiming that Michael Jackson’s estate has severely undervalued his image and music catalog,…
Filing Season 2014 Begins with More Returns Filed IR-2014-15, Feb. 14, 2014WASHINGTON — The IRS today announced that tax filings in 2014 have outpaced filings for the same time last year. As of Feb.…
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White House delays health insurance mandate for medium-sized employers until 2016The Obama administration announced it would give medium-sized employers an extra year, until 2016, before they must…
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Appeals Court Rules In Favor Of Independent Tax PreparersThe Circuit Court of Appeals for the District of Columbia today ruled that the IRS has no legal authority to impose nationwide licensing and…
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Inspector General: ACA Will Pose Challenges for IRSThe Office of the Treasury Inspector General (TIGTA) has released a report indicating that when the IRS assumes responsibility for customer service…
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The Affordable Care Act. What's the impact on Taxpayers? What's the impact on Tax Preparers? We surveyed over 4,000 preparers nationwide. See the results in this Infographic.Complete the brief…
