Drake Software blog for tax pros, covering tax, IRS news, and more
If the Customer Can’t Pay The Tax – Part I There are several different payment programs available for taxpayers who cannot pay the taxes owed by April 15. Because any balance due is subject to…
The ABCs of Late IRS PaymentsThe complexity of the tax laws and the fact that they change from year to year makes it inevitable that some clients will be unable to pay some or all of their bills to…
April 15 Individual Filing Deadline – 5 Quick RemindersThe April 15 filing deadline for individual returns is upon us! Here are 5 quick reminders:Individuals must file and pay by April 15. Returns…
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Backing Up Client Data There was a time when backing up data for a tax or accounting firm fell under the heading of “best practices” – a professional thing to do to help the firm and its…
The Windows 8-back-to-Windows-7 Update Arrives So Microsoft announces the end of support for the one-third of the computing world that still uses Windows XP…and magically announces that on the same…
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Senate Hearings On Incompetent and Unethical Tax Preparers The Senate Finance Committee has announced it will hold hearings next Tuesday (April 8) at 10 am in Room 215 of the Dirksen Senate Office…
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Five Ways to Say “I’m Reputable!”Tax return preparer fraud has been a hot topic again this year. Between the continuing prosecutions of those preparers caught in illegal acts, the push by the IRS to…
Drake Tax Professionals Faring Well In 2014 Tax preparers using Drake’s software appear to be doing better than the industry in general this tax season, increasing or maintaining the volume and…
It’s What You Keep Larry Kessler Financial Services is an example of how to create an accounting firm built on friendships, trust, and fair dealings. “I don’t advertise,” he says. “I focus on giving…
More than Half of all Income Tax Returns Have Been Received. With the tax deadline getting closer, the IRS has received more than half of all the returns it expects to receive during 2014, the agency…
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