Drake Software blog for tax pros, covering tax, IRS news, and more
IRS Issues Publication on Business Expenses Millions of individual tax filers have business income either as sole proprietors or as sub-contractors. Many individual filers also have unreimbursed…
Winter 2014 Statistics of Income Bulletin Now Available The Internal Revenue Service announced the availability of the winter 2014 issue of the Statistics of Income Bulletin, which features…
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IRS Releases FY 2013 Data Book The Internal Revenue Service today released the 2013 IRS Data Book, a snapshot of agency activities for the fiscal year. The report describes activities conducted by the…
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 Revises Publication 1345 Data On Electronic Signatures The Internal Revenue Service revised its guidance on electronic signatures for tax returns on March 11 of this year, updating information on…
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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…
