Drake Software blog for tax pros, covering tax, IRS news, and more
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…
With 131 Million Returns Filed, Millions of Amended Returns Expected As of April 18, almost 46 million returns were e-filed from home computers, more than the total from home computers for all of…
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Filing Season Statistics for Week Ending April 11, 20142014 FILING SEASON STATISTICSCumulative statistics comparing 4/12/13 and 4/11/14Individual Income Tax Returns:20132014% ChangeTotal…
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Sign Up Now for the 2014 IRS Nationwide Tax Forums and Save Money The IRS invites enrolled agents, certified public accountants, certified financial planners and other tax professionals to register…
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IRS Intensifies Work on Identity Theft and Refund Fraud; Criminal Investigation Enforcement Actions Underway Across the Nation The Internal Revenue Service has announced it has started more than 200…
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IRS: The Truth About Frivolous Tax Arguments The Internal Revenue Service has released the 2014 version of “The Truth about Frivolous Tax Arguments.” The document describes and responds to some of…
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Senate Hearings On Incompetent and Unethical Tax Preparers The Senate Finance Committee has announced it will hold hearings next Tuesday (April 8) at 10 am in Room 215 of the Dirksen Senate Office…
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More than Half of all Income Tax Returns Have Been Received. With the tax deadline getting closer, the IRS has received more than half of all the returns it expects to receive during 2014, the agency…
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IRS Has $760 Million for People Who Have Not Filed a 2010 Income Tax Return Refunds totaling almost $760 million may be waiting for an estimated 918,600 taxpayers who did not file a federal income tax…
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