Drake Software blog for tax pros, covering tax, IRS news, and more
IRS Releases Preliminary Report on ObamaCare Inquiries The IRS on Saturday reported handling more than 330,000 requests from ObamaCare exchanges to calculate whether Americans are eligible for federal…
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IRS Gives Drought-Stricken Farmers and Ranchers More Time to Replace Livestock The Internal Revenue Service said that farmers and ranchers who previously were forced to sell livestock due to drought…
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Government Debt Agreement Contains One Tax Law Change A number of changes to the tax law, all centered on implementation of the Affordable Healthcare Act, were considered before Congress passed the…
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Budget Talks Complicate Tax ReformThe top congressional tax writers are now facing just the latest wrinkle in their efforts to rewrite the code: a budget conference. So writes blogger Bernie Becker…
Protection Plus: Audit Protection For Your Tax PracticeBy James Stork VP of Education, Drake SoftwareThe IRS has increased its audits of professional tax preparation firms, attempting to stem a…
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2014 Tax Season to Start Later Following Government Closure; IRS Sees Heavy Demand As Operations ResumeWASHINGTON–The Internal Revenue Service today announced a delay of approximately one to two weeks…
Orthodontist Sues to Reinstate Employer Mandate in Health Care LawWhile many large employers welcomed the IRS’s recent delay of the so-called employer mandate, requiring them to provide health…
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Salaries, demand on the rise for U.S. accounting professionals Starting salaries for finance professionals in the United States continue to show signs of growth, and hiring demand for recent college…
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Shutdown Gives Tax Scammers New Opportunities to StealBeing pursued by the Internal Revenue Service for outstanding tax liabilities can be stressful.Forbes reports that being pursued by the fake…
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