Drake Software blog for tax pros, covering tax, IRS news, and more
PCAOB Offers Firms Advice on Fixing Audit Quality Problems The Public Company Accounting Oversight Board has added a page to its Web site to provide information to audit firms where quality control…
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Accounting Fraud and Waste Is Standard Procedure at the Pentagon The Pentagon routinely commits accounting fraud in order to balance its books with the U.S. Treasury's, according to a new report from…
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In the new era of modernized e-file, IRS will accept most electronic returns for 2 years after the initial filing season for that tax year. So, a 2012 return can be filed electronically in 2013,…
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…
The IRS Did Not Properly Implement Law Penalizing Erroneous RefundsWASHINGTON – By incorrectly interpreting Federal law, the Internal Revenue Service (IRS) significantly limited the number of…
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Identity Theft: IRS Still Has Issues to Resolve Expanded identity theft detection efforts at the Internal Revenue Service (IRS) are helping to identify fraudulent tax returns, however, billions of…
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Worldwide Identity Thieves Steal Millions in Tax Refunds In this May 8, 2008, file photo, blank U.S. Treasury checks are seen on an idle press at the Philadelphia Regional Financial Center, which…
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Small-Business Partnerships to Be Priority of IRS Exams: Taxes The Internal Revenue Service is shifting its small-business audit focus from corporations to various types of partnerships as those…
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IRS Pressed to Disclose ObamaCare Enrollment and Eligibility Data Rep. Dave Camp, R-MI, chairman of the tax-writing House Ways and Means Committee, has written a letter to Internal Revenue Service…
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