Drake Software blog for tax pros, covering tax, IRS news, and more
ACA Open Enrollment Ends March 31 In less than 10 days, the majority of Americans will be required to have a health insurance program that meets the requirements of the Patient Protection and…
IRS: More Taxpayers Filing from Home Computers in 2014 More than 27 million taxpayers have filed their tax returns from home computers so far this year, an increase of almost 6 percent compared to…
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IRS Encourages Small Employers to Check Out Small Business Health Care Tax Credit; Helpful Resources, Tax Tips Available on IRS.gov With business tax-filing deadlines fast approaching, the Internal…
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IRS Criminal Investigation Issues Annual Report WASHINGTON — The Internal Revenue Service today announced the release of its IRS Criminal Investigation (CI) Annual Report for fiscal year 2013,…
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2014 Filing Season Continues with Higher Refunds Issued The IRS has released 2014 tax filing season statistics showing that 15 percent more refunds were already issued this year, compared to 2013…
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Americans Will Use Tax Refunds For ExpensesA survey of adult American taxpayers notes that 52 percent of Americans will spend their annual tax refund on necessary expenses such as loans, credit cards…
Representative Camp Releases Tax Reform Proposal Representative David Camp (R-MI), chairman of the House Ways and Means Committee, has released the draft of legislation for tax reform. The draft,…
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IRS: Volume High At Start of Tax Season WASHINGTON — The IRS announced that, three weeks into the filing season, it has received about one-third of the individual income tax returns that it expects…
IRS Releases the “Dirty Dozen” Tax Scams for 2014; Identity Theft, Phone Scams Lead ListIR-2014-16, Feb. 19, 2014WASHINGTON — The Internal Revenue Service today issued its annual “Dirty Dozen” list of…
IRS: Michael Jackson Assets UndervaluedThe Internal Revenue Service has filed documents in US Tax Court claiming that Michael Jackson’s estate has severely undervalued his image and music catalog,…
