Drake Software blog for tax pros, covering tax, IRS news, and more
IRS Criminal Investigation Combats Identity Theft Refund Fraud The Internal Revenue Service (IRS) has seen a significant increase in refund fraud that involves identity thieves who file false claims…
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A Quick Primer for the 2014 Tax Season Tax season has arrived, and with it a number of changes that can have a significant impact on both individual and business clients. While we don’t have the…
IRS Statistics on individual Tax Returns for 2011 The Internal Revenue System has released its statistics on Tax Year 2011 individual returns filed in 2012. The data indicates some improvement in the…
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IRS Combats Identity Theft and Refund Fraud on Many Fronts Stopping identity theft and refund fraud is a top priority for the Internal Revenue Service (IRS). The agency’s work on identity theft and…
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The Wisconsin Department of Revenue is requiring some taxpayers to complete its new Identity Verification tool in order to protect them from fraud. Select taxpayers will have to take the verification…
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IRS Audit of Individual Returns Hits Lowest Rate Since 2005 The Internal Revenue Service audited 0.96 percent of individual tax returns in fiscal 2013, reaching the lowest rate since 2005, Bloomberg…
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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.…
National Taxpayer Advocate Delivers Annual Report to Congress; Focuses on Taxpayer Bill of Rights and IRS FundingWASHINGTON — National Taxpayer Advocate Nina E. Olson today released her 2013 annual…
The state of Massachusetts has announced that it will begin Phase Two of individual e-file testing with software developers on or after 1.09.14. The latest version of their Personal Income Tax (PIT)…
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,…
