Drake Software blog for tax pros, covering tax, IRS news, and more
Unused ITINS to Expire After Five Years; New Uniform Policy Eases Burden on Taxpayers, Protects ITIN Integrity Individual Taxpayer Identification Numbers (ITINs) will expire if not used on a federal…
New IRS Filing Season Program Unveiled for Tax Return Preparers Voluntary program to focus on continuing education for unenrolled preparersWASHINGTON — The Internal Revenue Service announced today…
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Treasury Updates Final Regulations Governing Written Advice The Regulations revise the requirements for those who practice before the IRS with regard to written advice, and updates other related…
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IRS Adopts "Taxpayer Bill of Rights;" 10 Provisions to be Highlighted on IRS.gov, in Publication 1EspañolIR-2014-72, June 10, 2014WASHINGTON ― The Internal Revenue Service today announced the adoption…
IRS Releases Spring 2014 Statistics of Income BulletinThe Internal Revenue Service has announced the spring 2014 issue of the Statistics of Income Bulletin is now available, featuring information on…
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NAEA Cites Concerns Over Preparer CertificationThe National Association of Enrolled Agents has joined the AICPA in opposing the voluntary training and certification proposal put forward by the…
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Some Suspended or Disbarred Tax Practitioners Are Now Permitted to Obtain PTINs and Prepare Tax Returns The Internal Revenue Service today announced that some suspended or disbarred tax professionals…
AICPA Opposes Voluntary Tax Prep CertificationThe American Institute of CPAs (AICPA) has announced its strong opposition to any effort to create a voluntary certification program for tax…
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IRS Drops Effort To Regulate Tax Preparers The Internal Revenue Service has elected to discontinue its efforts to regulate tax preparers, allowing the deadline to pass for an appeal to the US Supreme…
IRS Celebrates Small Business Week The Internal Revenue Service is marking Small Business Week, May 12 to 16, by holding two free webinars for small businesses and encouraging them to check out…
