Drake Software blog for tax pros, covering tax, IRS news, and more
Severe Storm Victims to Receive Tax ReliefSome North Carolina taxpayers will receive tax relief now that the president and FEMA have declared tornado-and-severe-storm-stricken counties federal…
Read more about Parts of North Carolina Declared Disaster Areas
Scam artists have dusted off an old scheme and added a new kink in an effort to swindle taxpayers out of money. This new effort uses a faked version of the IRS Form W-8BEN to get detailed personal…
Cybercriminals Targeting Employer Identification NumbersAs part of the Small Business Week program, the IRS last week addressed ways businesses could protect against a recurring identity-theft scheme:…
Read more about Identity Thieves Using Stolen EINs to File Returns
There’s an Easier Way to Check Tax-Exempt Organization InfoFake charities aren’t a new development—they were once again featured in the IRS “Dirty Dozen”—but they remain an effective way for criminals…
Read more about IRS Announces New Tax Exempt Organization Search Tool
We’ve barely left the filing season for TY2017 behind and scammers are already showing they don’t have any deadlines. A new wave of phone scams, more devious than past attempts, has been…
It will come as no surprise to tax professionals that there were problems submitting returns to the IRS on Tax Day.Early yesterday morning, IRS systems experienced an issue that prevented the agency…
With the TY2017 tax season coming down to the final hours, the acting IRS commissioner feels pretty good about his agency’s performance thus far. But the big crunch, he says, comes after tax deadline…
Read more about For IRS, the Real Work Starts After Tax Season
The April 17 deadline for filing will bring this tax season to a close before we know it. So it makes sense that the bad guys are planning to make hay while the sun shines. Identity thieves and…
The Internal Revenue Service is reminding taxpayers that time is short to file their 2014 income tax return for a refund. Some $1 billion in refunds is yet unclaimed from TY2014. In order to claim a…
Read more about Time Running Short to File 2014 Returns for Refund
The House Ways and Means Committee on Monday issued a press release announcing a discussion draft for the Taxpayer First Act, a bipartisan effort aiming to “redesign the Internal Revenue Service (IRS)…
Read more about House Ways and Means Oversight Subcommittee Proposes IRS Reform
