Drake Software blog for tax pros, covering tax, IRS news, and more
Cybercriminals have advanced from merely stealing data from tax professionals to actively taking over the accounts they use to e-file income tax returns.…
Read more about Tax Pros Warned to Stay Alert for Account Takeovers
It’s going to be more expensive to take the tests to become an Enrolled Agent with the IRS.…
An examination of document-handling practices at the Internal Revenue Service shows the agency isn’t abiding by its own rules for retaining emails and other pertinent communications.…
Read more about Audit Finds IRS Not Retaining Records Properly
The Internal Revenue Service has backed off parts of its investigation into the digital currency exchange Coinbase.…
It’s the new normal: All of us in the income tax industry have to be aware that somewhere, at any time, there may be someone out in cyberspace who is actively trying to steal the confidential data of our clients and our businesses.…
Read more about Security Summit to Tax Pros: “Don’t Take the Bait”
It’s called “spear phishing,” and, once again, it’s headed for an email in-box near you.…
The latest annual report from the Electronic Tax Administration Advisory Council gives credit for progress made in the fight against identity theft, while making suggestions for new areas worthy of…
Read more about Advisory Committee Urges IRS to Continue Cybersecurity Fight
The Taxpayer Advocate Nina Olson issued her mid-year report to Congress, noting that the IRS had “a generally successful filing season.” Despite the kudos, she identified several areas that need improvement.…
America’s tax professionals are being warned about a new phishing campaign aimed at stealing the preparers’ filing data.…
An audit has discovered that the frequency of employment-related identity theft may be far worse than thought. Unfortunately, the audit also found the Internal Revenue Service has missed identifying…
Read more about TIGTA Audit Finds IRS Identity Theft Measures Come Up Short
