Drake Software blog for tax pros, covering tax, IRS news, and more
Looming Fiscal Fights Threaten IRS ProbesRepublicans on Capitol Hill are acknowledging that the fall’s looming fiscal fights could peel attention away from their investigation into the IRS’s singling…
Late enactment of extenders as part of the “fiscal cliff” legislation, the American Taxpayer Relief Act (ATRA) of 2012, threatens to delay millions of tax returns...…
Read more about Will Millions of 2012 Tax Returns be Delayed?
Taxpayers who fall within income levels under the Alternative Minimum Tax (AMT) requirement, or “wealth tax” as it’s often referred to, may be unable to file their tax return until late March if Congress does not agree to a fiscal cliff deal by December 31.…
Read more about Fiscal Cliff Negotiations May Delay Filing for Millions
